KMG: Shymkent feasibility study to be ready soon
Kazakhstan, Astana, March 11 / Trend, A. Maratov /
The preparation of a feasibility study for a project to modernize and reconstruct the Shymkent oil refinery will be completed in the second quarter of 2011, KazMunaiGas (KMG) Chairman Kairgeldy Kabyldin said.
"Completion of the development and approval of the feasibility study is planned in the second quarter of 2011," Kabyldin said today speaking to the Shymkent oil refinery's staff.
He said the project aims to restore the refinery's design capacity to 6 million tons per year, increase the depth of oil refining to 90 percent, and increase the quality of oil products to the Euro 4 and 5 standards.
The refinery is one of three Kazakh oil refineries located in southern Kazakhstan. As previously reported, the three Kazakh oil refineries refined 13.7 million tons of crude oil in 2010, exceeding the target figure by 509,000 tons, or 3.86 percent. The Shymkent oil refinery refined 4.6 million tons.
Kabyldin said the catalyst and heat exchange equipment of the reforming unit have been replaced at the refinery, which has increased high-octane gasoline production.