kazmunaygas
moody' s affirms the ratings of the kazmunaygas group of companies, stabilises outlook .
- at present, kazmunaygas jsc is carrying out projects to rebuild and modernise domestic refineries .
italy' s eni signs deal with kazmunaygas to jointly explore an offshore oilfield in kazakhstan .
kazmunaigas announced agreements reached with the jsc national company kazmunaygas to acquire four hydrocarbon exploration contracts .
jsc nc “kazmunaygas” and kmg finance sub b. v. announce results of meetings and tender offers
company “kazmunaygas” is the kazakhstan national petroleum corporation that is operated in oil & gas exploration and production, refinery and transportation. having big assets “kazmunaygas” company created joint ventures with many known petroleum companies in the world .
jsc nc
kazmunaygas
is reporting about due redemption of eurobonds in the amount of usd 1. 6 billion
- the main value for any company is its employees. what measures do kazmunaygas undertake to develop human capital ?
the romanian government says in a press statement that also attending the meeting were executives of the corporation' s kazmunaygas international branch and of china energy company ltd. (cefc), the future main shareholder in kazmunaygas international .
the release also says the kazmunaygas international execs unveiled the development plans of the company in romania and the region .
eni and kazmunaygas enter into an agreement to jointly explore the isatay block in the north caspian sea, kazakhstan .
map and location directory: the gas station kazmunaygas at the address: kazakhstan out of 311600 places. you can download
statoil and kazmunaygas have signed the heads of agreement (hoa) on the abay block in the kazakhstani sector ...
kazmunaigas exploration production jsc is a subsidiary of national company kazmunaygas jsc which holds 58% of the total number of shares .
kazmunaygas, kazmunaigas exploration and production and bg signed an agreement in kazakhstan to cooperate in exploring a range of upstream opportunities in the region .
the perimeter of the transformation includes the following subsidiaries and associated companies: “kazmunaygas” exploration production” jsc, «kaztransoil» jsc, «kaztransgas» jsc, “kazmunaygas – refining and marketing” jsc, “nmsc “kazmortransflot” llp, “aktaunefteservis
llp ,
research institute of mining and drilling technologies
kazmunaygas
and others. the practical implementation of the transformation entrusted with the
kmg global solutions” company. its team includes the best specialists from the
kazmunaygas
group companies on the terms of complete distraction from the ongoing work and the experts with experience in large international oil and gas projects, including the transformation .
kazmunaygas at kazakhstan - the gas station' s address, phone number, hours, and website, gps: 48. 131, 82. 937
kazmunaygas implements projects both independently and together with its partners in areas such as exploration and production of hydrocarbons, refining and petrochemicals, oil and gas transportation and services .
the nc kazmunaygas is a vertically integrated oil & gas company that provides a full production cycle – from hydrocarbon exploration and extraction, its transportation and processing to offering specialized services .
national company
kazmunaygas
has entered in transformation program in 2015. the program is designed to improve business efficiency kmg group of companies and increase the value of the company .
presidential decree of 20 february 2002 has established the national company kazmunaygas jsc by a merger of the kazakhoil national oil & gas company and the transportation of oil and gas national company .
the national company kazmunaygas (kmg) is a national operator for exploration, production, refining and transportation of hydrocarbons, representing the interests of the state in kazakhstan’s oil and gas industry .
- kazakhstan’s main fields, especially the oil - bearing zones of the caspian sea, are almost completely explored. in which regions of the country will kazmunaygas be likely to carry out exploration ?
we believe that efficient human capital management in kazmunaygas can be achieved by creating a single human resources management system. it should be aimed at obtaining maximum profit and ensuring leadership in a competitive environment, based on economic incentives and social safeguards and promoting a harmonious combination of interests, both of the employer and the employee, and the development of their relations for the prosperity of nc kazmunaygas jsc .
pkop management is done on a parity basis by kazmunaygas national company represented by kazmunaigas - pm jsc and the chinese national petroleum corporation cnpc. the refinable raw materials are mainly kazakh oil from the kumkol field .
the kmg group comprises 220 companies. kazmunaygas holds more than a quarter of the market for oil and gas condensate production, as well as a leading position in petroleum refining, pipeline transportation of oil and natural gas in the country .
fully - owned by kazmunaygas, kazmunaygas international operates in 11 countries, controlling romania' s oil refineries petromidia navodari (romania' s largest such refinery) and vega ploiesti (romania' s oldest operating refinery), as well as fuel distribution chains (rompetrol) in romania, bulgaria, moldova, georgia, france and spain. agerpres (ro — author: madalina cerban, editor: claudia stanescu; en — author: corneliu - aurelian colceriu, editor: adina panaitescu )
at a meeting on monday at the government house with officials of kazakhstan' s state - run oil and gas corporation kazmunaygas, prime minister sorin grindeanu reconfirmed his cabinet' s openness to investment in romania, according to a government release sent to agerpres .
- kazmunaygas supports social projects in accordance with the main priorities set by the sole shareholder, jsc national welfare fund “samruk - kazyna”, and within the available financial resources, which are very limited and depend on the financial results of the group over the year .
in june of 2002, gazprom and kazmunaygas set up kazrosgas on a parity basis and registered it in kazakhstan. the jv buys and markets natural gas and has it processed at russian gas refineries, among its other operations. kazrosgas is the operator of the imashevskoye deposit .
among kazmunaygas’s subsidiaries, kmg international n. v. , which owns the assets in romania, the atyrau refinery, pavlodar petrochemical plant, petrokazakhstan oil products (shymkent refinery), kazmortransflot national maritime shipping company and others are also planned to be transferred to the competitive environment .
almaty, jan 11 (interfax). kazmunaygas exploration production (kmg ep) produced 12. 341 million tonnes of crude oil (250, 000 barrels per day) in 2011, or 7. 1% less than in 2010, the company said in a statement .
moscow. sept 14 (interfax) - a joint venture set up by gazprom (rts: gazp) and kazmunaygas, kazrosgas, is ready to being geological prospecting operations at the imashevskoye deposit, a gazprom press release issued after gazprom chief alexei miller met with his kazrosgas counterpart kairat boranbayev .
the jsc “mangistaumunaigaz” shares purchase deal is finished 25 th of november, 2009. in connection with that the new shareholder of jsc “mangistaumunaigaz” is the company mangistau investments b. v. (mibv) established by companies “kazmunaygas” (kmg) and cnpc where 50% of shares belong to kazakhstan content .
- kioge has been a platform for international dialogue for over 20 years. what is the role of the event in the development of kazakhstan’s oil and gas market? in your opinion, how efficient is the participation of kazmunaygas in the event, taking into consideration that since kioge’s launch kmg has been a constant partner of the event ?
general management of the expansion project is carried out by the consortium itself. however, control over fulfillment of specific types of work is distributed between the subsidiaries of transneft (construction of facilities in russia), kazmunaygas (construction of facilities in kazakhstan), and chevron (spm installation, scada upgrade, and mt tank farm expansion) .
for the first time, kazmunaygas has engaged independent auditors – gaffney, cline & associates – to assess the group’s reserves, and the company has confirmed kmg’s calculations. according to the assessment made by gaffney, cline & associates, the resource potential of the kazakh sector of the caspian sea is 2. 37 billion tons of oil reserves, excluding the north caspian project .
- kmg pays special attention to searching for highly qualified specialists, and to their continuing professional development and career advancement. all these principles are reflected in the human resources policy of nc kazmunaygas jsc. developed for 2011 to 2015 in accordance with the company’s long - term strategy, this fundamental document presents the main focuses and approaches of personnel management to achieve kmg’s mission and strategic goals .
in view of the need to find, hire and retain key personnel, kazmunaygas is committed to providing its employees with a competitive wage and social support structure – a structure which makes it possible to attract the best professionals of the oil and gas industry and which has sufficient motivational effect to improve productivity, allowing an objective assessment of each employee’s contribution to the overall goals of the company .
kmg highly values its cooperation with foreign partners. participation in events such as the kazenergy forum and the astana economic forum only helps in establishing new contacts. the same applies to kioge, because the participation of kazmunaygas in the event always brings joint projects and memoranda for cooperation. it is noteworthy that kioge ensures dialogue between national and international partners at public and private levels. this format allows you to make specific decisions and reach specific agreements .
- without a doubt, kazmunaygas will continue its longstanding cooperation with kioge, the kazakhstan international oil and gas conference and exhibition, through support of and direct participation in the event. after all, this event is a unique platform for dialogue which annually provides professionals and managers of leading international and domestic oil companies, international organisations, financial institutions, the diplomatic corps and the media with an opportunity to discuss the most acute issues in the fuel and energy sector .
at the same time, exploration continues at the promising satpayev, makhambet, n block, zhambyl and bobek offshore blocks. most recently, nc kazmunaygas jsc and the korean consortium kc kazakh b. v. have reported the results of drilling the first exploration well at the zhambyl field to a depth of 2, 200 metres. according to these results, two promising oil and gas sites were confirmed in middle jurassic sediments. a production test of these sites showed a flow to surface rate of 24 cubic metres per day on a 6. 35 mm choke and 110 cubic metres per day on a 12. 7 mm choke .
09. 07. 2018, 15: 50 average weighted rate on july 9, 2018 is 343. 48 tenge for $ 1
news and other data on this web site are provided for information purposes only, and are not intended for republication or redistribution. republication or redistribution of interfax content, including by framing or similar means, is expressly prohibited without the prior written consent of interfax .
the kazakh president has enforced a 20 - day state of emergency and an evening curfew in the town of zhanaozen. police arrested some 70 people over the violent uprising, which left at least 11 people dead and more than 80 injured .
the kazakh interior ministry has resorted to army units and armored vehicles to subdue the mass riots in the oil city zhanaozen. the troops to contain a thousand - strong riot were deployed from the army base in the neighboring city of aktau .
meanwhile in aktau another rally was taking place in support of the zhanaozen activists, according to unconfirmed reports .
there are conflicting reports on how the riots in the oil city zhanaozen in western kazakhstan started. general prosecutor askhat daulbaev said at an emergency media briefing that the violence was caused by a group armed with melee weapons, which attacked policemen, so that the officers had to fight back. the criminals, according to him, joint the crowd celebrating crowd marking country’s independence day and ignited disorder. an on - site investigation headed by interior minister kalmukhadbet kasymov is underway .
initially the authorities seemed to be trying to conceal the fact of the violence, but kazakhstan’s prosecutor general later admitted that according to preliminary data ten people had died in the zhanaozen unrest and many more wounded, including police officers .
eyewitnesses say that the police shot live rounds at the protesters to disperse the crowd. according to witness reports in russian - language blogs the death toll might be as high as 70 with more than 500 injured .
three buildings have been burnt down, including the offices of the town’s administration, a branch of the ozenmuinagaz oil company and the nearby hotel aruana. protesters also burnt several cars and a police bus and reportedly looted nearby atms .
the electric power supply has been interrupted in zhanaozen and helicopters have been seen flying over the city, a local news site reports .
the authorities have cut off the cellular and internet networks in the city, so it is impossible to independently verify the figures or eyewitness reports. twitter and other social networks were also blocked as soon as the violence erupted .
it’s not yet clear if the riot has connection with a seven - month long protest of oil workers zhanaozen. hundreds of laid - off workers had been demonstrating in the city demanding that their former employer ozenmuinagaz paid them risk money. the action was supported by some of their former colleagues, including those working for another company, who wanted their salaries raised .
some reports say that the violence started because the protesters were disgusted with the planned celebration in the central square, where their camp had been since may, and tried to oust people setting up equipment there. this is confirmed by some videos on the internet and the interior minister also accuses the oil workers of being the main provocateurs of the riot. however organizers of the protest deny any connection with the looting and pillaging that followed .
tatyana kuzmina, a local journalist, believes that there could be some outside forces trying to destabilize the situation in the country .
“ it looks like this is being led from the outside, ” she told rt. “ this could be external forces, like other countries’ intelligence or local forces who are interested in overthrowing the government and changing the regime. ”
­kazakhstan has been marking the 20th anniversary of its independence on friday, december 16, and celebrations were planned throughout the country. according to the prosecutor general, some people in zhanaozen – mostly of young men – began to shout slogans and shortly afterwards started to damage property, beat up guards and set about causing large - scale riots .
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japanese banks provide $ 297. 5 million loan to atyrau oil refinery - the gazette of central asia
home > kazakhstan > japanese banks provide $ 297. 5 million loan to atyrau oil refinery
atyrau (kazinform) a us $ 297. 5 million loan agreement with the japan bank for international cooperation and the bank of tokyo mitsubishi ufj was signed in tokyo to construct a deep oil refining complex at the atyrau oil refinery in kazakhstan .
“the project will increase the depth of the oil processing at the refinery by 2016 to 85% . the volume of oil refining will reach 5. 5 million tons per year, ” general director of the atyrau oil refinery talgat baytaziyev said .
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employees with kmg ep walk past oil tanks at a storage depot in western kazakhstan. (photo: kmg ep )
an industrial dispute in western kazakhstan that is dragging on into its sixth month is casting a shadow over the central asian state’s all - important energy sector .
the strike began in may over a wage dispute. during the summer, it took a nasty turn when managers at two kmg ep - affiliated energy companies began summarily firing almost 2, 000 workers for participating in the industrial action. with the disgruntled employees removed, kazmunaygaz then moved to declare the strike over .
but the complaints have not gone away, and a black cloud of controversy continues to envelop oil production in western kazakhstan .
the strike has caused “colossal damage” to state coffers, said timur kulibayev, the head of the samruk - kazyna fund that oversees kazakhstan’s state companies. kulibayev – who is president nursultan nazarbayev’s son - in - law – told a round table on september 29 that strike - related losses to the state would approach 54 billion tenge ($ 365 million) this year. he also said kmg ep faced an annual loss of 40 billion tenge ($ 270 million). in addition to shorting government coffers, the strike has caused pr damage, most notably when rock star sting cited the labor dispute as his reason for cancelling a concert - for - hire in astana .
amid growing concern over the economic impact of the labor action, nazarbayev’s administration in astana is showing signs of wanting to broker a genuine compromise .
thus far, kmg ep has been uncompromising over the key demand of higher take - home pay. the company insists that its employees are fairly compensated, noting that it has raised salaries six times since 2008 and that it offered strikers the chance to return to work .
the workers fired by kmg ep have not faded away. a large group has set up a tent city in the center of zhanaozen, a dusty town three hours’ drive from the regional administrative center of aktau. from there, they have kept up their protest, demanding reinstatement and a review of salaries. they are also calling for the release of lawyer natalya sokolova, who was advising the strikers before her arrest. she was imprisoned in august for six years for “inciting social enmity” in a case that sparked international criticism and which was raised at the osce’s annual human rights conference in september .
“it’s really bad, really unpleasant. for over three months people haven’t been receiving any money, ” sacked welder maksat kartmakambetov told urltoken in a recent interview in almaty. “we can’t afford to buy things for the children. ”
at the late - september samruk - kazyna roundtable, kulibayev offered an olive branch to the dismissed workers. “they are our people and we should work with them, ” he said. “we are not giving up on helping them find employment. ”
kulibayev said alternative jobs on a railroad project had been proposed, but turned down. that offer was confirmed to urltoken by nurlibek nurgaliyev, a dismissed lathe operator. “we refused because we are demanding our own work, ” nurgaliyev explained .
astana is eyeing the broader backdrop to the strikes, particularly zhanaozen’s socioeconomic problems. its population more than doubled from 2000 to 2010, reaching 125, 000, due to the oil boom and an influx of migrants. there are not enough jobs for all, and as zhanaozen’s population swells, oil reserves are declining. remaining reserves are estimated at 150 million tons, according to zhanaozen mayor orak sarbopeyev – enough to last three more decades. a strategy is in place to diversify the town’s economy – but inhabitants will rely on the energy sector for employment for the foreseeable future .
the dichotomy between the expectations of protestors occupying zhanaozen’s central square – who consider themselves still to be company staff – and the stance of kmg ep – which considers them ex - employees – is perhaps the largest stumbling block to finding a compromise .
so is astana ready to get actively involved in the effort to resolve the impasse? observers can’t be sure .
“since july [ dismissed workers ] have been hoping for precisely this - - that authorities will come [ in ] and that the employer will sit down at the negotiating table with them, ” galym ageleuov, a consultant with the almaty - based international bureau for human rights and rule of law, who recently returned from zhanaozen, told eurasianet. org. but ageleuov went on to note that “authorities have [ hitherto ] intervened only on the side of the employer. ”
kmg aspires to conduct business according to the international standards, being socially responsible company and a good employer .
kmg pays close attention to the public interests, showing overall support to the social and economic development of the regions, creating business - enabling environment, maintaining decent work conditions and people’s wellbeing .
the main aim of the transformation is to increase business efficiency and, as a consequence, the increase in value of the company .
efficiency enhancement of the economy of kazakhstan through the transfer of assets to the private investors committed to its development .
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moody' s assigns (p) baa3 to kmg nc' s usd1. 5 billion new bond
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since june 14, 2018 in the network of gas stations
kazmunaigas
discounts for customers who purchase gasoline... ...
llp “kazmunaigas onimderi”, hereby, publicly announces that a robbery occurred on december 31, 2017 at 21: 57... ...
tulemis shotanov was appointed first deputy - deputy director general for commercial issues at kazmunaigas... ...
start - up operations at the advanced oil refining center have been ...
on december 15, 2017, the atyrau oil refinery (aor) began the start - up operations at the advanced oil refining... ...
many car enthusiasts in astana, who purchase fuel at kazmunaigas (kmg) fuel stations in the center of the old... ...
on the eve of the independence day celebration, kazmunaigaz onimderi llp, held a contest for the best knowledge... ...
kmg ep was founded back in march 2004 by the merger of two hitherto joint stock companies, uzenmunaigas and embamunaigas .
kmg ep’s core production operations take place across 41 fields excluding acquisitions made from 2007 through 2011. uzen is the largest field in the kmg ep portfolio, and has been in production since 1965 .
the volume of proved and probable reserves of the company’s core assets (umg and emg) as at the end of 2011 was 226mt (1. 7bn bbl). 2p reserves production ratio as at the end of 2011 was 29 years .
kmg ep has a reliable access to the uzen – atyrau – samara (uas) pipeline, which is the main export outlet for the company’s business, as well as to caspian pipeline consortium (cpc) which is the most profitable route for kmg ep. kmg ep exported 76% of its output in 2011 .
crude oil is sold to kazmunaigas processing and marketing for further delivery of oil products to the domestic market .
ozenmunaigas stock company is a wholly - owned subsidiary of kazmunaigas exploration production jsc. the company has been transformed from a production branch into a stock company. proved plus probable (
2p
) reserves at uzen and karamandybas fields were 94 million tonnes as of 31 december 2016 .
in 2016 ozenmunaigas produced 5 555 thousand tonnes (112 kbopd) which is 1% more than in 2015 .
embamunaigas is a wholly - owned subsidiary of kazmunaigas exploration production jsc. the company has been transformed from a production branch into a stock company .
embamunaigas has been developing such largest oilfields as balgimbayev (zhaiykmunaigaz management); west prorva (zhilioymunaigaz); zholamanov and kondybay (kainarmunaigaz); baishonas and dossor (dossormunaigaz) .
embamunaigas produced 2 832 thousand tonnes (57kbopd) in 2016, which is 0. 3% more than in 2015 .
ural group limited (ugl) holds 100% stake in ural oil and gas llp (uog) which owns the exploration license for fedorovskiy block in western kazakhstan, near uralsk city in close proximity to a number of large producing fields .
in 2011 kmg ep closed the transaction to acquire a 50% stake in ural group limited (ugl) from exploration venture limited (evl) .
kmg ep paid us $ 149. 1m for the 50% stake in ugl, including us $ 61. 3m for shares and us $ 87. 8m of shareholder loans (as of january 1, 2010) .
karpovskiy severniy jsc is a subsoil use right holder under the contract for exploration of oil, gas and condensate at karpovskiy severniy contract area in the western kazakhstan region .
the karpovskiy severniy block is located at the outer edge of pre - caspian depression within tectonic elements of the karpovskiy high and pogodayevo - ostafiyevskiy downfold. the license area is 1, 670 sqkm .
kmg ep acquired 100% stake in karpovskiy severniy (re - incorporated as a llp on july 31, 2012) in december 2011 for $ 59mn from llp gazmunaionim .
on july 2012 kazmunaigas exploration production jsc sold 49% of shares in karpovskiy severniy jsc to mol hungarian oil and gas plc. (“mol”) .
on june 2017 kazmunaigas exploration production jsc acquired 49% share in karpovskiy severniy llp from mol .
petrokazakhstan inc. is a vertically integrated oil and gas group which is among top 5 oil companies in kazakhstan. petrokazakhstan scope of business includes exploration, field development, oil and gas production, and acquisition of oil fields, refining and selling of crude oil and oil products. in december 2009 kazmunaigas exploration production jsc acquired 33 percent stake in pki .
in 2016 pki produced about 3. 7 mmt (70 kbopd) of crude oil .
in december 2007 kazmunaigas exploration production jsc acquired 50 percent stake in ccel karazhanbasmunai .
karazhanbasmunai jsc explores heavy oil in the karazhanbas field, which is situated on buzachi peninsula, 230 km from aktau. the field was discovered in 1974 and it is the largest shallow field of high - viscosity oil on cis area, its exploitation is carried out by means of applying thermal methods .
in 2016 karazhanbasmunai jsc produced approximately 2. 1 mmt (39 kbopd) of crude oil .
jv kazgermunai llp is one of the largest companies in kazakhstan oil producing sector. the company’s activities include exploration, development, production and sales of hydrocarbons in akshabulak, nuraly and aksai oilfields in south turgai basin, kyzylorda oblast. in april 2007 kazmunaigas exploration production jsc acquired 50 percent stake in jv kazgermunai llp .
in 2016, kazgermunai produced 2. 9 million tonnes (62 kbopd) of crude oil .
the official start of the transformation of the group of companies jsc
samruk - kazyna
gave the president of kazakhstan, nursultan nazarbayev at october 6, 2014. transformation program - a program of large - scale reformations of the fund and the activities of controlled portfolio companies .
the program covers three areas: increasing the value of the portfolio companies, changes in portfolio structure and approach to the management of the fund' s investment activities, the redistribution of powers and responsibilities in the system of management of the fund and its portfolio companies. program implementation will require significant changes in most activities of the fund and its portfolio companies, as well as in the mechanisms of interaction with state agencies involved in the activities of the fund .
transformation - a complex system of actions, initiatives and processes that permeate the entire vertically integrated holding company, covering the processes from production to retail sale. emphasis is placed on improving the efficiency business processes, simplifying them, increasing the speed of decision making, the company adapt to the challenging market conditions .
privatization of state companies in kazakhstan, scheduled for 2016 - 2020, will help to improve their profitability, said olzhas khudaibergenov, head of the center for macroeconomic research of kazakhstan .
to improve the profitability of the companies, such actions as staff reductions, increasing prices of services, maximum zeroed internal corruption and inefficiency are necessary, khudaibergenov said .
he added that most likely, the demand for state companies’ shares would be sufficient since the crisis decreased the market prices of privatized objects, and the state demonstrates a desire to implement privatization in any case .
regarding the nationality of investors interested in the privatization of state - owned companies, khudaybergenov believes it will be mostly kazakh businessmen, who can participate in this process, both through companies located in the country, as well through those that are registered abroad .
“basically, i think, they (investors) will be from russia and china, ” he said .
kazakhstan gharysh sapary company, kazgeology company, international center for cross - border cooperation khorgos, the astana international airport, the korkyt ata international airport, kazakh railways, kazmunaigaz oil and gas company, kazatomprom nuclear company, samruk - energy company, tau - ken samruk mining company, kazpost jsc and air astana airline are planned to be transferred to the competitive environment through ipo .
kazakhtelecom jsc, qazaq air airline, pavlodar airport, aktobe international airport, atyrau international airport, aktau international sea trade port are also planned to be transferred to the competitive environment .
among kazakhstan temir zholy’s subsidiaries, kaztemirtrans jsc, passenger transport company, tulpar talgo company, producing passenger carriages, jsc lokomotiv kurastyru zauyty, producing locomotives and jsc electric locomotive kurastyru zauyty, producing electric locomotives are planned to be transferred to the competitive environment .
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within the framework of the state program of industrial and innovative development of the republic of kazakhstan for 2015 - 2019, approved by the decree of the president of the republic of kazakhstan no 874 dated 01. 08. 2014, and the republican industrialization map for 2015 - 2019, approved by the resolution of the government of the republic of kazakhstan no 1418 dated 31. 12. 2014, all three oil refineries of the republic of kazakhstan implement investment projects for development and modernization .
modernization of plants will ensure the release of motor fuels of k4, k5 classes in accordance with the requirements of technical regulations of the customs union, as well as to significantly reduce harmful emissions and pollutants. as a result of reconstruction and modernization, the capacity of plants for oil processing will amount to 16. 6 million tons per year, it will be possible to produce petrochemical products (benzene and paraxylene) and significantly increase the output of light oil products .
within the framework of the project, the construction of the catalytic reforming unit with continuous catalyst regeneration and benzene extraction unit, as well as paramax btx process unit, licensed by the french company axens (xylenes prefractionation section, xylenes isomerisation section, toluene transalkylation section, raffinate separation section) has been completed .
capacity of cpa: 133 thousand tons of benzene and 496 thousand tons of paraxylene per year. the facilities of the complex can also operate in the mode of production of high - octane gasoline component .
ensuring the production of k3 class motor fuels in accordance with the requirements of the technical regulations of the customs union .
project contractors: sinopec engineering group (china), ogcc kazstroyservice jsc (kazakhstan) .
currently, cpa is working on the fuel option with the increased production of high - octane gasoline, due to the need to supply gasoline to the domestic market .
aorc complex envisages the construction of 12 individual process units. the main facility is a catalytic cracking unit, designed for the conversion of the atmospheric distillation residues, heavy gas oil, vacuum gas oil and heavy gas oil of delayed coking into more valuable petroleum products such as liquified petroleum gas, gasoline and light cracking gas oil. the processing of low - grade residual oil products will allow ar to increase the production of high - octane gasoline, aviation and diesel fuels. aorc also includes lpg desulfurization facilities, oligomerization, naphtha hydro - treating unit, gasoline and gas oil catalytic cracking unit, hydrogen production, isomerization units, etc .
improving the capacity for processing of crude oil up to 5. 5 mln tons per year .
project contractors: sinopec engineering group consortium (china) - marubeni corporation (japan) - ogcc kazstroyservice jsc (kazakhstan) .
construction and assembly works are carried out on 12 processing facilities and 50 offsite facilities. 90% of equipment is supplied, concrete works, installation of equipment, metal structures, utilities and pipelines are carried out .
pavlodar petrochemical plant is one of the largest and most modern refineries of kazakhstan .
within the projects framework, new isomerization and naphtha splitter units, facilities block for sulfur production, offsite premises will be built .
also, the existing plant facilities lk - 6u and kt - 1 will be reconstructed .
ensuring the production of k4 ecological class motor fuels in accordance with the requirements of the technical regulations of the customs union .
project contractors: rominserv s. r. l. (romania), nfc (china) .
the supply of process equipment has finished, concrete works, installation of equipment, metal structures, utilities and pipelines are carried out .
petrokazakhstan oil products llp refinery was launched in 1985 and is one of three major refineries in kazakhstan with a capacity of 5. 25 million tons per year .
general contractor: china petroleum engineering & construction corporation (cpecc - subsidiary company of cnpc corporation, china) .
for the isomerization unit, the placement of orders for the manufacture of equipment was completed, the delivery and installation of process equipment is being conducted, steel structures and process piping are being installed .
working documentation is being developed, orders for equipment and materials are being placed; excavation works, installation of foundation for equipment are carried out .
- taking into account the determining influence of investment on the long - term development and value of the company, kmg carries out long - term investment planning based on principles of cost - effectiveness and feasibility of investment, as well as its compliance with the long - term objectives of the company .
at present, kmg’s group investment programme consists of 66 planned and currently ongoing projects. the total cost of the programme is estimated at $ 143. 4 billion, of which kmg’s share is $ 67 billion. there are 38 projects being implemented, and the company has already invested about $ 15 billion in them .
the main focus for investment is exploration and production projects. kmg’s share of the cost is currently estimated at $ 28 billion .
significant investment is planned for oil and gas transportation projects. in the main, we are talking about the construction of trunk gas and oil pipelines and projects for expanding and modernising regional gas distribution networks. the cost of these projects is estimated at $ 8. 9 billion, of which about $ 5 billion has been spent .
kmg is also implementing certain strategically important investment projects aimed at modernising oil refining assets, envisaging an increase in the level and volume of processing, and an increase in quality and an expansion of the range of products. to date, $ 1. 3 billion has been spent on these projects, and total planned investment in modernisation of oil refineries is around $ 6 billion .
- by no means can we ignore the caspian basin with regard to prospective hydrocarbon reserves. at the beginning of this year, for the first time since kashagan opened, kmg and its strategic partners announced the commercial discovery of oil reserves in two other fields in the kazakh sector of the caspian sea. the increase in proven recoverable reserves, according to national methodology, amounted to 98. 6 million tons; 67. 6 million tons of oil at the kalamkas offshore field and 31 million at the khazar field .
kmg and the korean consortium will continue exploration at the zhambyl field. there are plans for 3d seismic exploration work at the zhambyl structure and exploratory drilling at the zhetysu structure (zt - 1) .
negotiations with strategic partners are also underway on joint operation of the new issatai, abai, zhenis and okzhetpes exploration blocks, which according to kmg calculations are very promising .
first of all, new facilities and horizons in the caspian basin subsalt complex associated with the astrakhan - aktyubinsk zone of uplifts and cut - off parts. these are large facilities along the promising devonian - turnaisian part of the section .
the large sites in the pre - jurassic formation of the mangyshlak basin (the uzen - karamandybas zone and others), defining at the same time the new unconventional focus of study for this region .
the pre - jurassic upper paleozoic complex of the south torgai basin, which is considered a new main area of focus for this region .
according to the most conservative estimates, exploration work at the sites mentioned above will allow kmg’s recoverable reserves to increase to an estimated 1. 4 billion tons by 2022 .
- despite numerous delays, operations at the kashagan field are expected to begin. could the development of the kashagan field result in changes to the oil market ?
- without a doubt, the development of such a large field as kashagan (its reserves are about 35 billion barrels or 4. 5 billion tons) will impact the oil market. the depletion period will be several decades and its development will bring billions of dollars in revenue to our country .
the kashagan project is the largest investment of international capital into the oil and gas industry of kazakhstan. from the beginning of the project to the present day, investment has exceeded $ 40 billion .
production from the field is expected to begin in the second half of this year. at the last stage of commissioning, production rates will grow to planned capacity – 20 wells (producing) 180, 000 barrels per day in the first phase, with a further increase to 370, 000 barrels per day with gas injection during the second phase .
it is worth noting that after the start of production at kashagan, the oil market may undergo some changes with regard to hydrocarbon transportation, as the development of oil fields often requires the diversification of export routes. to ensure the reliability of export routes of sufficient capacity and to efficiently transport kashagan’s hydrocarbons, it will probably be necessary to combine different modes of transportation, such as pipeline, rail and sea transportation .
the current plan for transporting the products extracted during the initial stage of field development involves the use of both the existing pipeline system and railway networks .
- the asian continent is increasingly becoming the driving force of global economic growth. to what extent has the growing importance of countries such as china impacted kmg’s strategy, particularly with regard to development of infrastructure ?
if we talk about each project, we cannote that the construction of the kazakhstan - china oil pipeline focuses on oil transportation, both for export to china and to domestic refineries, thus ensuring kazakhstan’s energy security. work on the separate sections of the kazakhstan - china pipeline is being carried out by the following companies, with the participation of chinese companies :
the kenkiyak - atyrau oil pipeline – north - western pipeline company munaitas jsc, established with the participation of kaztransoil jsc (kazakhstan) – 51% ; cnpc exploration and development company ltd. (china) – 49 %
also, the facilities of kaztransoil jsc are also involved in the kazakhstan - china oil pipeline system (oil pumping stations and oil pipelines from kumkol to atasu) .
the project is being implemented in phases according to growth in demand for additional oil transport capacity .
at the same time, we want to emphasise that the interest of oil producers in exporting to china will depend on the commercial conditions created by the chinese side in the alashankou section (on kazakhstan’s border with china) .
the largest trans - national gas transportation project implemented by kmg together with cnpc is the construction of the kazakhstan - china gas pipeline, which costs around $ 7. 5 billion in total .
as for the pipeline, it is dual - line, it runs through the territory of three southern regions of kazakhstan, and it allows 30 billion cubic metres of gas per year to be transported from turkmenistan to china, via uzbekistan and kazakhstan. given the purpose of the main gas pipeline, the project has commercial benefit for our country in the form of payments to national and local budgets totalling $ 5. 8 billion over the entire period of the project .
at present, the construction of the kazakhstan - china gas pipeline is expanding through the construction of another line, the third line of the pipeline, which will also be for transit gas transportation. its entry into operation is scheduled for the middle of 2014, and the projected capacity will be achieved at the end of 2015, after which the total capacity of the kazakhstan - china trunk pipeline will be around 55 billion cubic metres per year. direct payments to the state budget of the republic of kazakhstan for the entire implementation period of the third line project will total around $ 4. 9 billion. therefore, total direct payments to the republic of kazakhstan’s budget over the whole implementation period for all three lines will amount to $ 10. 7 billion .
another of the major projects undertaken by our company together with cnpc is the construction of the beineu - bozoi - shymkent gas pipeline, at a total cost of around $ 3. 6 billion. the project is being carried out in accordance with the address of the president of kazakhstan in 2008, and it is included in the state programme for accelerated industrial - innovative development and the industrialisation map of kazakhstan for 2010 - 2014. the project is very important in social terms. the launch ceremony to release gas through the pipeline for the first time was held in early september of this year as part of the head of the prc’s visit to kazakhstan .
construction of the gas pipeline will ensure the country’s energy security by providing natural gas to the southern regions from the fields of western kazakhstan, eliminating dependence on imported gas, diversifying gas export routes from kazakhstan to china, and creating new jobs and developing infrastructure along the pipeline route .
the gas pipeline runs through the mangystau, aktobe, kyzylorda and south kazakhstan regions. the implementation of this project will allow the gasification of more than 500 settlements .
at present, construction of the first stage is finishing, but its opening is scheduled for this october, in accordance with the deadlines set by president nursultan nazarbayev .
- kmg is strengthening its relations with romania after the acquisition of rompetrol rafinare. what contributed to the targeted acquisition of rompetrol’s assets and what is kmg expecting to get from strengthening its positions in the country ?
- in addition to its assets in romania, kmg is actively investing in oil refineries in kazakhstan. how will the modernisation of refining capacities benefit consumers of oil products in kazakhstan ?
feasibility studies have been performed and approval from gosexpertiza (kazakhstan’s state agency for examination of construction projects) has been received for modernising and rebuilding the shymkent and pavlodar plants. project documentation is under development, and an accelerated strategy has been prepared and is under implementation in order to finish them by the end of 2015. production capacity of these enterprises is planned to increase to 6 and 7 million tons per year respectively. currently, the shymkent and pavlodar refineries are carrying out selection procedures for general contractors for construction work .
for all three plants, the motor fuel will meet the euro 4 and 5 standards from 2016 according to the technical regulations of the customs union. total production of between 13 million to 14 million tons of motor fuels per year at a high refining depth of 87 - 90% will meet the needs of the domestic market .
the start of production of fuels according to euro 4 and euro 5 standards also has an environmental dimension. we can see that the european union, as well as all other countries in its wake, is increasingly toughening quality requirements for motor fuels. why are they doing this, and do they need to do it? it should be explained that gasoline itself, aside from other hydrocarbons directly involved in the combustion process, contains various components, including harmful and even dangerous ones. many people remember when tetraethyl lead was added to gasoline to increase the octane number; now this is prohibited. also, for example sulphur, which when burnt in the engine cylinder is converted into compounds that cause acid rain and benzene, the product of the combustion of which (benzopyrene) has an adverse effect on living organisms.
kazmunaygas ( kmg ) is the state-owned oil and gas company of kazakhstan . it was founded in 2002 by merging kazakhoil and oil and gas transportation . 
kazmunaygas (kmg) is the state-owned oil and gas company of kazakhstan. it was founded in 2002 by merging kazakhoil and oil and gas transportation.
kazmunaygas (kmg) is the state-owned oil and gas company of kazakhstan. it was founded in 2002 by merging kazakhoil and oil and gas transportation.