At the Government session, Minister of Energy Yerlan Akenzhenov reported on strategic development plans for oil refining.
According to the minister, in 2024 the volume of oil refining amounted to 17.9 million tons. Domestic refineries demonstrate a high level of digitalization, using advanced American and Japanese automated process control systems (Honeywell and Yokogawa).
In accordance with the Sector Development Concept, the following outlook has been outlined:
Between 2025 and 2032, oil refining volumes are expected to increase from 18 to 30 million tons per year through the expansion of existing capacities.
By 2040, a new large-scale refinery with a capacity of 10 million tons will be launched. The plant will feature a modern fuel and petrochemical configuration with a refining depth of 95%.
The implementation of these measures will increase total refining capacity to 40 million tons, fully meet domestic demand for fuel, and enable exports to neighboring countries.
Regarding the production of finished petroleum products, it was reported that the output for 2024 totaled 14.52 million tons, with a target of 14.55 million tons for the current year. By 2040, production is expected to double to 29.2 million tons, along with improvements in environmental fuel standards from class K4 to K5+.
