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KazMunayGas and Solomon Associates Deepen Strategic Partnership to Enhance the Performance of Kazakhstan's Refineries

10.03.2025

As part of the working visit to the United States, Askhat Khassenov, Chair of the Management Board of NC KazMunayGas JSC (KMG), met with Charles Wright, President of the American company Solomon Associates.

The parties considered the prospects for developing bilateral cooperation, paying particular attention to enhancing the performance of domestic refineries. The matters of long-term participation of Kazakh enterprises in Solomon benchmarking studies, which make it possible to conduct an independent assessment of their competitiveness, were discussed.

Moreover, significant attention was paid to Performance Excellence Process (PEP) projects. Since 2020, as part of its cooperation with KMG, the American company has proposed 109 recommendations for implementation for the Atyrau Refinery (AR LLP), Pavlodar Oil Chemistry Refinery (POCR LLP) and Shymkent Refinery (PKOP LLP).

The implementation of these recommendations from Solomon showed a significant economic effect: in AR and POCR it exceeded the investment in the research project by 2–5 times, and at Rompetrol Petromidia it reached $306 million over 7 years.

KMG also expressed interest in conducting TAR (Turnaround) benchmarking in AR and POCR as part of the transition to a three-year turnaround time, and in new research projects in AR, Rompetrol Petromidia and CaspiBitum.

— KazMunayGas and Solomon Associates have a strong partnership and considerable achievements based on the implementation of best world practices in oil refining. We intend to further develop cooperation, using the best solutions to enhance the performance of our enterprises, — A. Khasenov emphasized.

In its turn, Solomon Associates President Charles Wright confirmed the company's commitment to further cooperation and noted the substantial potential of Kazakh oil refineries in enhancing operating performance and competitiveness.

For reference: Solomon Associates, founded over 40 years ago, is a global leader in consulting for the oil and gas industry. Solomon's methodology is the industry standard. The studies cover 85% of the world's oil refining capacity (about 350 refineries), and in the CIS - more than 70-75% of the refining capacity.


JSC NC KazMunayGas

As part of the working visit to the United States, Askhat Khassenov, Chair of the Management Board of NC KazMunayGas JSC (KMG), met with Charles Wright, President of the American company Solomon Associates.

The parties considered the prospects for developing bilateral cooperation, paying particular attention to enhancing the performance of domestic refineries. The matters of long-term participation of Kazakh enterprises in Solomon benchmarking studies, which make it possible to conduct an independent assessment of their competitiveness, were discussed.

Moreover, significant attention was paid to Performance Excellence Process (PEP) projects. Since 2020, as part of its cooperation with KMG, the American company has proposed 109 recommendations for implementation for the Atyrau Refinery (AR LLP), Pavlodar Oil Chemistry Refinery (POCR LLP) and Shymkent Refinery (PKOP LLP).

The implementation of these recommendations from Solomon showed a significant economic effect: in AR and POCR it exceeded the investment in the research project by 2–5 times, and at Rompetrol Petromidia it reached $306 million over 7 years.

KMG also expressed interest in conducting TAR (Turnaround) benchmarking in AR and POCR as part of the transition to a three-year turnaround time, and in new research projects in AR, Rompetrol Petromidia and CaspiBitum.

— KazMunayGas and Solomon Associates have a strong partnership and considerable achievements based on the implementation of best world practices in oil refining. We intend to further develop cooperation, using the best solutions to enhance the performance of our enterprises, — A. Khasenov emphasized.

In its turn, Solomon Associates President Charles Wright confirmed the company's commitment to further cooperation and noted the substantial potential of Kazakh oil refineries in enhancing operating performance and competitiveness.

For reference: Solomon Associates, founded over 40 years ago, is a global leader in consulting for the oil and gas industry. Solomon's methodology is the industry standard. The studies cover 85% of the world's oil refining capacity (about 350 refineries), and in the CIS - more than 70-75% of the refining capacity.


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