...

Kazakhstan may stop importing oil products

Kazakhstan Materials 29 January 2016 17:45 (UTC +04:00)
President of Kazakhstan Nursultan Nazarbayev, speaking Jan. 29 at the XVII extraordinary congress of Nur Otan Party has set the task to fully meet the internal market’s demand for domestic oil products - gasoline, diesel fuel, jet fuel and gas by 2018
Kazakhstan may stop importing oil products

Baku, Azerbaijan, Jan. 29

By Elena Kosolapova - Trend:

President of Kazakhstan Nursultan Nazarbayev, speaking Jan. 29 at the XVII extraordinary congress of Nur Otan Party has set the task to fully meet the internal market's demand for domestic oil products - gasoline, diesel fuel, jet fuel and gas by 2018, the press service of the president reported.

"It is important to liberalize oil and gas market, return commercial functions to the refineries," the president said.

Nazarbayev also said that by 2021, oil production volumes in Kazakhstan will reach 92 million tons per year [79.5 million tons in 2015].

Kazakhstan has three major oil refineries - Atyrau, Shymkent and Pavlodar. All the three plants are being modernized, which will provide the domestic market of the country with own fuel and lubricants.

Gasoline production in 2015 in Kazakhstan amounted to 2.9 million tons, which is 4.9 percent less than in 2014. Kazakhstan annually imports about 1.1 million tons of gasoline mainly from Russia.

---

Follow the author on Twitter: @E_Kosolapova

Tags:
Latest

Latest