Baku, Azerbaijan, Oct. 14
By Elena Kosolapova - Trend:
The modernization of all three major refineries in Kazakhstan is still scheduled to be completed in 2016, KazMunaiGas - Processing and Marketing JSC, which is a shareholder in the refinery, told Trend.
Earlier, Kazakh media reported that modernization of refineries in Kazakhstan may be delayed.
The JSC said that the project on the modernization of the Pavlodar petrochemical plant in accordance with the plan started in 2011 and should be completed in 2016.
The project on the modernization of the Atyrau refinery started in 2010 and should be completed in 2016.
The project on the modernization of Shymkent PetroKazakhstan Oil Products refinery started in 2011 and should also be completed in 2016.
The company said that as a result of the modernization of refineries, manufacturing of light oil products will increase in Kazakhstan: high-octane gasoline will increase more than twice, diesel fuel - by 20 percent, aviation fuel - twice. At the same time, all products will comply with the environmental requirements of the K4, K5 classes of the Technical Regulations of the Customs Union (K4, K5 are analogous to the European standards Euro-4 and Euro-5, approved in the countries of the Customs Union).
Previously, KazMunaiGas - Processing and Marketing JSC reported that the modernization of three major Kazakh oil refineries will provide domestic markets of the country with own petroleum products (fuel and lubricants) up to 2023-2025.
In 2014, Kazakh oil refineries produced 3.020 million tons of motor fuel (gasoline, including aviation), which is 10 percent more than the previous year.
Edited by CN
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