Oil Refineries
KazMunayGas operates 2 oil refineries in Kazakhstan:
- Pavlodar Refinery: 162,600 bbl/d (25,850 m3/d)
- Atyrau Refinery:, 104,400 bbl/d (16,600 m3/d)
KazMunayGas has a US $1.7 billion plan for the modernization of the Atyrau refinery. In August 2012, it obtained a US $297.5 million loan from the Japan Bank for International Cooperation and the Bank of Tokyo Mitsubishi a deep oil refining complex at the Atyrau Oil Refinery. This loan followed a contract awarded to Marubeni to reinforce the production of oil products to suit European environmental standards.
Read more about this topic: Kaz Munay Gas
Famous quotes containing the word oil:
“Can he who has discovered only some of the values of whalebone and whale oil be said to have discovered the true use of the whale?”
—Henry David Thoreau (1817–1862)