Aktau port to handle four million tons of oil from Tengiz field in Kazakhstan

Oil&Gas Materials 15 November 2013 14:06 (UTC +04:00)

Astana, Kazakhstan, Nov. 15
By Daniyar Mukhtarov - Trend:

The Kazakh port of Aktau will handle four million tons of oil from the Tengiz field, akim (Governor) of the Mangistau region of Kazakhstan Alik Aidarbayev said at a briefing at the Central Communication Service under the president today.

Aidarbayev said that the akimat (city hall) of the Mangistau region and the Tengizchevroil Company signed an agreement on handling Tengiz oil through the port of Aktau.

"We have recently signed a contract with Tengizchevroil for handling four million tons of Tengiz oil through the port of Aktau," Aidarbayev added.

According to the governor, the implementation of the project for expansion of Aktau sea port continues.

"The assets of the port were transferred to the trust management of Kazakhstan Temir Joly JSC. This was done in order to ensure the through transit of goods through Kazakhstan by a sole operator. Within the project the first facilities such as a mole and breakwater were completed and commissioned, as well as dredging operations conducted after which the construction of three universal dry cargo berths, including one grain berth will begin," he said.

Aidarbayev recalled that the special economic zone (SEZ) seaport Aktau is located in Mangistau. The attraction of investments continues in SEZ to open new and the development of existing industries.

To date, some 24 participants have been registered in the territory of SEZ. They have implemented five projects. Two more promising enterprises, a pharmaceutical complex and a plant for the production of polyethylene pipes will be launched in the near future.

Since the creation of SEZ, some 5.5 billion tenge ($1= 153.08 tenge) was allocated from the budget for its infrastructure and about 25 billion tenge of investment was attracted to the zone's development. To date, the enterprises located in SEZ have produced some 201 billion tenge worth of products and paid over 9.5 billion in tax to the budget.