Kazakhstan Chamber of Commerce in the USA


The Samruk-Kazyna refinary projects

Posted on March 07, 2010 by KazCham

“Currently, «the Samruk-Kazyna» National Welfare Fund is reviewing 31 projects in various fields of Kazakhstan’s national economy. The total value of the projects exceeds 23 billion US dollars. Out of that amount approximately 11 billion US dollars account for petroleum refining and petrochemical industries, including refurbishment and upgrading projects for three oil refineries in Kazakhstan.

You probably know that a programme of these refineries’ enhancement has been developed in the framework of advanced hydrocarbon processing, which will improve the extent of future hydrocarbon conversion and improve the quality of the produced petrochemicals up to European standards and meet the country’s demands for high-octane gasoline and aircraft fuel.

Ongoing is the implementation of the development project to create the First Integrated Gas Chemical Facility that will produce baseline petrochemical products like polyethylene and polypropylene. We are also implementing a bitumen producing facility in Aktau at the plastic-making works. We are about to start operations to implement a project of aromatic compounds production at Atyrau Refinery. Some other production opportunities (including methanol facilities) are also being reviewed”.

From a welcome note of the managing director of Samruk Kazyna National Welfare Fund, B. Akchulakov


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