Major events in Caspian countries' oil and gas industry for last week (June 8-12)

Analysis Materials 16 June 2015 18:10 (UTC +04:00)

Kazakhstan to produce Euro-5 gasoline

A new plant for the production of AI-92 and AI-95 gasoline of K5 environmental class corresponding to Euro-5 standard will be commissioned in Kazakhstan by late 2015, the message of Development Bank of Kazakhstan said. Gasoline production of these brands will be established in the West Kazakhstan region on the basis of the existing refinery complex Condensate JSC in Aksai. The design capacity of the fuel production will consist of: AI-92 gasoline - 114,000 metric tons, AI-95 gasoline - 86,000 metric tons per year.

Currently, the company is assembling the main process rigs for the production of gasoline, the message said. The total project cost is approximately $200 million.

Feasibility study of new refinery construction developed in Turkmenistan

Turkmenistan has developed a feasibility study for new refinery construction in the village of Ekerem of Balkan province, the message of the Ministry of Oil and Mineral Resources of Turkmenistan said.
The message said that this will be a brand new plant that meets international standards.