Kiev late with building of refinery by Kazakhstan in Ukraine

Kazakhstan, Astana, Nov. 29 / Trend K. Konyrova /

Kiev was late with a proposal of building a refinery by Kazakhstan in the Ukraine, an anonymous source in the Kazakh oil and gas sector told Trend.

"The proposal on the joint construction of oil refinery in Ukraine is utopia, at least for the next 10 to 20 years," the source said.

Ukrainian Prime Minister Nikolai Azarov earlier told Trend that Kazakhstan could enter the European market not only from the Romanian side by buying a refinery there, but also by reaching the Ukrainian market.

"In particular, it could be done by exploiting one of our refineries, or constructing a joint plant," he said.

A Kazakh source said that Kiev was slow with this proposal, as Kazakhstan has already invested significant investment in modernising the Petromidia plant in Romania.
The KazMunayGas National Company bought out the Rompetrol Group for 1.7 billion seven years ago. Its assets include two oil refineries in Romania, seven of its own oil bases, as well as a network of filling stations not only in this country, but also in France, Spain, Moldova, Bulgaria and Georgia.

The Petromidia refinery modernisation is under completion. It will increase its capacity from 3.5 million to 5 million tons a year with Kazakh oil being delivered by tankers via the Black Sea. Thus, the Kazakh Company will be able to produce petrol to a high standard - Euro-5, and Euro-6 by 2014 in Europe.

"Moreover, Kazakhstan had a bad experience of buying a refinery in Ukraine, Kherson at the dawn of independence," the source said. "The idea was a fiasco for many political reasons."
He said that today Kazakhstan faces challenges in modernising its three refineries.

Daily COVID-19 case count at 2,641 in Kazakhstan
Daily COVID-19 case count at 2,641 in Kazakhstan
Kazakh-German oil extracting JV opens tender to buy pumps
Kazakh-German oil extracting JV opens tender to buy pumps
Kazakhstan’s subsoil users subsidize domestic market of fuel and lubricants to keep gasoline prices
Kazakhstan’s subsoil users subsidize domestic market of fuel and lubricants to keep gasoline prices
Loading Bars
Latest
Yemen's Houthis say they attacked Aramco, Patriot targets in Jazan
Iran stresses achieving $20-billion trade with Iraq
Georgian Bus and Omnibus Express to transport passengers free of charge in movement-restricted period
Daily COVID-19 case count at 2,641 in Kazakhstan
EU helping in modernization of Georgian Railway
Turkey provides Libya with 150,000 doses of Sinovac COVID-19 vaccine
S.Korea reports 698 more COVID-19 cases, 112,117 in total
Construction of Russian helicopter service center in Azerbaijan running steadily - trade representative
One dead, 12 missing after vessel capsizes in Gulf of Mexico
NATO allies to leave Afghanistan along with U.S
Belgium to ease COVID-19 restrictions
Instagram launches test where users can choose to see likes
Japan seeks to establish agricultural working groups in Georgia
Azerbaijan's First VP gives instructions in regards to Tunar Bagırov suffering from SMA
Turkey reports over 62,000 COVID-19 cases
UK records another 2,491 coronavirus cases, 38 deaths
Turkmenbashi Oil Refineries opens tender for purchase of metal products
Georgian company eyes building of airdrome in outskirts of Tbilisi
Kazakh-German oil extracting JV opens tender to buy pumps
Iran launches National Productivity Network to connect businesses
Kazakhstan’s subsoil users subsidize domestic market of fuel and lubricants to keep gasoline prices
Production of Sputnik V vaccine launched in Serbia
Armenian gov't didn’t want foreigners to see devastation, their hatred to Azerbaijanis - President Aliyev
Georgia tightens entry rules for Indian visitors due to pandemic
Brent prices above $66/bbl first time from March 18
Uzbek deputy PM, Saudi Arabian minister discuss implementation of joint projects
Azerbaijani Foreign Ministry responds to French ambassador to Armenia
Uzbekistan’s Mubarek gas processing plant launches sodium sulfide production
Azerbaijani PM, Turkish ambassador hold meeting
Ucell launching 5G in Uzbekistan’s Tashkent
Kazakhstan’s Kazgeology company announces number of ongoing investment projects
Working visit of President of Belarus in Azerbaijan ends (PHOTO)
Gold and foreign exchange reserves decrease in Uzbekistan
Ukraine, Azerbaijan may increase potential for using renewable energy
Football Federations of Turkic Speaking States sign Memorandum of Understanding for Cooperation
Georgia, Tajikistan contribute to intensification of cargo transit
Austria, Georgia eye to implement projects in animal husbandry
Iran's Palayesh Parsian Sepehr Company to receive large revenues
Kazakhstan to allocate funds for development of processing industry
Azerbaijan plans to organize transit cargo transportation through Turkey to EU countries
Azerbaijan's State Committee on Property Issues holds new auction on privatization
Germany's economic institutes cut GDP 2021 growth forecast to 3.7%
Indian PM Modi addresses Inaugural Session of Raisina Dialogue
Kazakhstan taking measures to boost drinking water reserves
Ukraine ready to help Azerbaijan to restore liberated territories - Deputy PM
COVID-19 pandemic hinders Georgian Airways to increase number of flights
First train with feed products arrives in Azerbaijan from Turkey via TURKUAZ project
Iran's Energy Exchange announces products to be on sale on April 17
UNDP supports Georgia's adoption of legislation on environmental liability
Export of cotton from Azerbaijan greatly increases from Jan. through Feb. 2021
United Nations concludes field mission to conflict-affected districts of Azerbaijan (PHOTO)
Iran to stop importing catalysts in petrochemical sector
Azerbaijan shares updated info on COVID-19 vaccinated citizens
Bahar Azadi gold coin price rising in Iran
NATO partners appreciate significant contribution that Georgia making to global security
Iran to increase enrichment in Natanz nuclear facility
Volume of gas injected into Iran's Karanj field increases
Demand for Azerbaijani CBA's short-term notes exceeds supply
1Q2021 number of job seekers from Turkey in Kazakhstan, Uzbekistan down
Azerbaijan confirms 2,293 more COVID-19 cases, 2,071 recoveries
Nikola, Iveco and OGE sign preliminary hydrogen distribution agreement
CNPC branch in Turkmenistan opens tender for maintenance of compressors
Kazakhstan eyes reducing flights number to Turkey as COVID-19 cases jump
EU to raise COVID vaccine supplies from Pfizer in Q2 to 250 million doses
Digitalization in Azerbaijan proceeding at highest level among CIS states - IDC
Minsk IT Holding of Belarus develops solution for accepting non-cash payment based on NFC smartphones
2020/2021 season to be less profitable for potato farmers in Georgia
Georgian citizens preparing to leave for Germany for work
Turkish Parliament to discuss violations by Armenia during attacks on Azerbaijan
Turkmen iodine plant releases production data
Transactions through ATMs up in Azerbaijan
Azerbaijan, Ukraine have several areas for interaction, partnership - Deputy PM
Italy supported Azerbaijan in Karabakh war despite pro-Armenian force - expert
Exports of several oil products from Iran shrink
Kazakhstan's preliminary oil extraction data indicates drop - OPEC
Coffee prices up in Georgia
Georgia observing economic recovery - minister
Goldman Sachs profit jumps on record global dealmaking
Iran’s Alborz Province exports fishery products
Azerbaijani citizens can visit dozens of countries without visa - Henley&Partners
Ukrainian deputy PM visits Azerbaijan’s Aghdam district (PHOTO)
Azerbaijan took huge step towards achieving its national dream - President of Belarus
Turkmenistan reveals volume of allocated loans in national currency
Relations between Azerbaijan and Belarus are far from any problems - President Aliyev
1Q2021 volume of electricity generation by Azerbaijani TPPs down
Azerbaijani, Belarus presidents made press statements (PHOTO)
Turkey reveals volume of cargo shipment via local ports from Netherlands
Azerbaijani, Belarusian presidents sign bilateral documents (PHOTO)
Azerbaijani Energy Ministry, IFC sign Memorandum of Understanding on offshore wind energy (PHOTO)
We created new reality by shedding blood, everyone should reckon with us - President Aliyev
Armenia took advantage of Heydar Aliyev’s dismissal from all posts - Azerbaijani president
IEA expects growth in Azerbaijan’s oil output
Our Victory is not only victory of our people, entire Turkic world is proud of it - Azerbaijani president
2M2021 data on cargo shipment via Turkish Mersin port disclosed
Popular Front-Musavat were selling gasoline to Armenia - Azerbaijani president
Armenia - country with bowed head, and it will always be the case - President Aliyev
Certain revengeful forces raising their heads should know that iron fist remains in place - Azerbaijani president
Iran and Russia extend bilateral cooperation
During war, they wanted to introduce sanctions against us - President Aliyev
Russia records over 8,300 daily COVID-19 cases
All news