President Kassym-Jomart Tokayev Receives Magzum Mirzagaliyev, Chairman of the Management Board of JSC NC “KazMunayGas”

The President was briefed on the measures taken by JSC NC “KazMunayGas” to stabilise the situation on the market of fuel and lubricants.

According to the company, a record 17 million tonnes of oil products will be processed in Kazakhstan this year.

A decision has been made to postpone scheduled maintenance of Shymkent and Atyrau Refineries, which will allow up to 150,000 tonnes of additional diesel fuel to be sent to the domestic market. In addition, up to 100,000 tonnes of diesel fuel will be imported in order to meet the needs of Kazakhstan Temir Joly.

Magzum Mirzagaliyev reported on KazMunayGas’ petrochemical projects. The polypropylene plant in Atyrau Region has now completed commissioning. The plant is expected to be up and running within a month. The President was also briefed on the implementation of the polyethylene and butadiene production projects.

Kassym-Jomart Tokayev was briefed on the current situation at the Caspian Pipeline Consortium marine terminal. Oil loading into tankers is stable and shipments are on schedule.

At the end of the meeting, the President gave several instructions concerning the implementation of investment projects.