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Project Description
In July 2024, it was announced that the Kazakhstani company ABS-Munay and West Hydrocarbons Commercial Investment LLC from the UAE planned to construct a new oil refinery in Kazakhstan. The planned refinery will be located in the village of Algabas, Terekti district, West Kazakhstan region. The facility is designed to process 1 million tons of crude oil annually and produce the following refined products:
Gasoline (K5): 230,400 tons per year
Diesel fuel (K5): 265,800 tons per year
Bitumen: 55,650 tons per year
Kerosene: 31,575 tons per year
Liquefied petroleum gases: 18,750 tons per year
Heating oil: 4,050 tons per year
The project aims to strengthen Kazakhstan’s refining capacity, meeting domestic demand and exporting refined petroleum products. The facility is expected to create 200 permanent jobs upon completion.
Project Phase:
Engineering Design & Planning
Investment Value:
4 200 000 $
Location:
West Kazakhstan Region, Казахстан
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Other important details
The refinery is planned to be constructed on a 59.8-hectare site
The project is awaiting final investment decisions and regulatory approvals
The facility will contribute to Kazakhstan’s energy security and export potential
Publication/Revision Date:
5/14/2025