Oil and gas equipment manufacturing capacities increase in Kazakhstan

Baku, Azerbaijan, Oct.12

By Nargiz Sadikhova - Trend:

Modernized AtyrauNefteMash LLP has been launched in Kazakhstan’s Atyrau city, Trend reports with reference to the press office of the Development Bank of Kazakhstan JSC (DBK).

According to the information, within the framework of the modernization projects, existing production sites have were modernized and new ones were constructed.

The advanced grading and hot galvanizing shop has been constructed, which has no analogues in the West Kazakhstan region. It is fully automated, and European and American equipment that guarantees high quality has been installed at the facility. The new workshop will allow the production of equipment from hot dip galvanized steel.

According to representatives of the plant, the modernization led to increase in productivity and allowed to expand the range of products that now meet international quality standards. As part of the modernization of the enterprise, it was possible to update mechanical testing facility, as well as build a chemical laboratory from scratch.

Furthermore, the stations for assembly and welding of sections have been updated, where high-tech Finnish equipment has been installed, allowing the production of unique products in the shortest possible time.

According to the representatives of AtyrauNefteMash LLP, the launch of modernized production expands the boundaries of cooperation and opens new sales markets. Already, the company has key consumers interested in increasing production volumes: industrial enterprises of Atyrau, West Kazakhstan, Mangystau region, companies like Tengizchevroil, North Caspian Operating Company and others.

The project cost amounted to 15.2 billion tenge, 9.5 billion tenge were allocated for the modernization of the plant with a loan term of 14 years by DBK. The project was funded under the State Program for Industrial and Innovative Development of the Republic of Kazakhstan for 2015-2019. Own participation of AtyrauNefteMash LLP is 5.8 billion tenge.

The main amount of borrowed funds was allocated for the construction of modern assembly, auxiliary, paint shops, as well as the workshop for grating and flooring, the construction of a garage, office building, chemical laboratory, as well as the updating of the testing and mechanical laboratory.

AtyrauNefteMash LLP is Kazakhstan's enterprise specializing in the production of equipment for field development, oil refining, production and collection, and heat and power equipment in demand in the oil, gas and chemical industries.

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Follow the author on twitter: @nargiz_sadikh

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