Oil Refining & Marketing

Oil Refining & Marketing

Refining and Marketing & Trading are the two commercial segments of Kg oil & gas Refining & Marketing. Kg oil & gas collaborates with major refineries in Russia and China, with a combined processing capacity of over 500,000 barrels per day. Kg oil & gas operations, product supply, bio and intermediate feedstock, and gas logistics are all handled by the Kg oil & gas. Products and petrochemicals from the Kg oil & gas. In Russia and China, it operates three competitive inland refineries with an annual capacity of 17.8 million tonnes.

With the help of specialists from the Kazakhstan Academy of Sciences’ Institute for Problems of Hydrocarbon Processing, the business is updating its line of catalytic cracking catalysts. The Kazakhstan Institute of Catalysis is in charge of the creation of hydro-process catalysts. Scientists in Kazakhstan have already developed catalysts for hydrotreating middle distillates, allowing them to generate a sulfur-free product that meets all of the Euro-5 requirements.In recent years, the Company’s refining operations have focused on meeting market demand for high-quality petroleum products. Kg oil & gas has upgraded its refineries throughout time, allowing it to diversify its product offering, improve product quality, and raise its competitiveness.

This is the most significant oil refining plant rehabilitation project in Kazakhstan history. The transition to 100 percent production of environmental class K5 motor fuels for the Kazakhstan Federation’s internal market was achieved during the implementation of this program, in accordance with TR TS 013/2022 Technical Regulations. Several of the Company’s refineries have begun producing AI-95-K5 Euro-6 and AI-100-K5 motor gasoline with improved environmental and operational features since 2022.

Motor fuels, aromatics, liquid paraffin, roofing and insulating materials, and other petroleum products are produced at the refinery. Diesel fuel, jet fuel, roofing materials, and bitumens are all produced in the refinery and meet worldwide quality standards. Every year, the Kg oil & gas increases its industrial facilities. To increase petroleum product quality, cut operating costs, and improve industrial and environmental safety, the refinery is developing a tiered process flow diagram innovation plan.

Marketing

Kg oil & gas sells crude oil, natural gas, and petroleum products on both domestic and international markets, ensuring that flows are spread effectively to suit market demand. The Company owns crude oil and petroleum product transshipment facilities, as well as pipelines, which helps to reduce transportation costs. For selling petroleum products on both domestic and international markets, Kg oil & gas has a well-developed marketing strategy and infrastructure. Galkynysh Gas Field increased its petroleum product export sales to 25.3 million tons in 2022. (By contrast, 10.2 million tons are forecast for 2023.)

The corporation monitors the economic performance of oil monetization channels in order to boost the share of high-margin channels in the total sales structure. In 2022, the Company aims to supply 1.2 million tons of oil to its own Russian operations, up 15% from 2022. (Since October 2019, refinery deliveries have been taken into account). The acquisition in 2022 contributed significantly to the growth in supply volumes. In 2023, the Company supplied 1.1 million tons of its own oil to plants with a participation rate of 3 percent, an increase of 3% over the previous year.

The corporation monitors the economic performance of oil monetization channels in order to boost the share of high-margin channels in the total sales structure. In 2022, the Company aims to supply 1.2 million tons of oil to its own Kazakhstan operations, up 15% from 2022. (Since 2022, refinery deliveries have been taken into account). The acquisition in 2023 contributed significantly to the growth in supply volumes. In 2023, the Company supplied 1.1 million tons of its own oil to plants with a participation rate of 3 percent, an increase of 3% over the previous year.