Kazakhstan Considers New Oil Refinery by 2030 to Process 10 Million Tons
01.22.2025 By Tank Terminals - NEWS

January 22, 2025 [Astana Times]- The Kazakh Energy Ministry stressed the need to build a new oil refinery by 2030 to process at least 10 million tons of oil annually, Kazinform reported on Jan. 21.

 

Energy Minister Almasadam Satkaliyev spoke about this last November, stating that design work should begin by 2030 and construction should follow by 2032 due to the expected shortage of light oil products in 2036. He added that the refinery is planned to be built in western Kazakhstan.

Satkaliyev said it will cover the country’s needs for fuels and lubricants from 2040 to 2050 and facilitate exports to the rapidly developing markets of Central, South, and Southwest Asia.

Kazakhstan’s oil refining industry aims to ensure economic growth and supply the domestic market with high-quality fuels and lubricants. This function currently relies on three major oil refineries: Atyrau, Pavlodar, and Shymkent, along with the Aktau bitumen plant. Together, these facilities handle up to 18 million tons of oil annually.

The draft for Kazakhstan’s Oil Refining Industry Development Concept for 2024-2040 outlines plans to expand refining capacities in these facilities. The Shymkent oil refinery’s capacity is set to increase from six to 12 million tons per year, the Pavlodar petrochemical plant from 5.5 to eight million tons, the Atyrau oil refinery from 5.5 to 6.7 million tons, and the Aktau bitumen plant from one to 1.5 million tons per year, with bitumen production rising from 500,000 to 750,000 tons annually.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Oil and Gas Supply Chain Strategy: Why Energy Flows Are Now Strategic Infrastructure
07.06.2026 - NEWS
30 Jun 2026 [ Logisticsviewpoints ]- Oil and gas is commonly described in terms of commodities, ... Read More
Oil Markets Face a Billion-Barrel Restocking Problem After Hormuz Closure
07.06.2026 - NEWS
30 Jun 2026 [ StoneX Media ]- A deficit of roughly one billion barrels in global oil inventories... Read More
Why a Supply Crunch From Iran Could Send Oil Back Below $40 a Barrel
07.06.2026 - NEWS
Jun 30, 2026 [ Oilprice ]- There have recently been many warnings about near-term oil shortages ... Read More
Us Oil Companies See Big Profit Jump, Gird for Clash Over Pump Prices With Trump
07.03.2026 - NEWS
July 03, 2026 [Reuters]- U.S. oil companies are set to report their strongest quarterly profits i... Read More