Kazakhstan to create deep oil refining complex

Oil&Gas Materials 27 January 2012 15:15 (UTC +04:00)

Kazakhstan, Astana, Jan.27/ Trend, L. Podolyak /

Kazakh President Nursultan Nazarbayev has ordered to create a deep oil refining complex on the basis of the Atyrau oil refinery.

Nazarbayev announced the order in his annual address to the nation at a joint meeting of the chambers of the Kazakh parliament on Friday.

"It is necessary to create the complex worth $1.7 billion, which will increase gasoline production three times to 1.7 million tons," he said.