BAKU, Azerbaijan, February 3. Kazakhstan will increase the output of three major oil refineries starting today, Magzum Mirzagaliev, KazMunayGas (KMG) CEO, said, Trend reports, citing the press service of the company.
According to the CEO of the state-owned oil and gas company, this measure aims to prevent the gasoline shortage from taking place.
Mirzagaliev also criticized the work of the Atyrau refinery. Due to technical reasons, the catalytic cracking unit at the refinery was shut down, which decreased the output of the enterprise significantly.
“When the issue of supplying the domestic market with petroleum products is especially sensitive in the country, such accidents are unacceptable”, the CEO of the national company said.
Earlier, the Ministry of Energy of Kazakhstan revealed that the manufacturing of oil products in Kazakhstan will decrease to 13.44 million tons in 2023, compared to 13.68 million tons last year.
KazMunayGas is the state-owned oil and gas company of Kazakhstan. It was formed by the decree of the President of Kazakhstan dated 20 February 2002 through the merger of Kazakhoil CJSC and Oil&Gas Transportation CJSC.