Shymkent Oil Refinery $1.6 billion modernisation

26/11/2015
Project development

$ 1.6 billion

Announced

26/11/2015


Overview:

  • PetroKazakhstan Overseas International—a subsidiary of CNPC—and its subsidiary PetroKazakhstan Oil Products has participated—alongside China Petroleum Engineering and Construction Corporation—in an engineering, construction and procurement (EPC) contract for Shymkent Oil Refinery’s reconstruction and upgrade.
  • Shymkent Oil Refinery is one of the three major refineries in Kazakhstan, and in April 2017 it completed the first stage of its modernisation.
  • The first modernisation stage included the establishment of a sulphur production unit with a production capacity of 4,000 tonnes per year; an existing diesel fuel hydro treating unit was reconstructed; and the construction of a pressurised bulk filling plant of light oil products and other facilities of the factory infrastructure was completed.
  • This refinery upgrade project is one of the key infrastructure projects underway in Kazakhstan’s oil and gas industry, with a stated aim to bring the local production of fuel up to international standards. 

Adam Majeed - Regional editor

Jurisdiction:

Kazakhstan

Deal type:

Project development

Practice area:

Project development

Industry sector:

Oil and gas


Firms:

Party: PetroKazakhstan Oil Products (EPC contractor)


Party: PetroKazakhstan Overseas International (EPC contractor)