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Chinese companies to built bitumen plant in Aktau

Oil&Gas Materials 3 March 2009 13:20 (UTC +04:00)

Kazakhstan, Astana, March 3 / Trend , K. Arinova/

The Chinese CITIC Group agreed to build a bitumen plant in Aktau, Kazakh Energy and Natural Resources Minister Sauat Minbayev told reporters.

"The CITIC Group agreed to take part in the project during the Samruk-Kazin Fund delegation's visit to China," Minbayev said.

The implementation of the project began in Mangistau in early 2009. The project is valued at $145 million. The plant will have a capacity of 420,000 tons per year. Oil from Karazhanbas will be used as crude.

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