Zhaik Petroleum Bayterek Complex
- aykaowlyagulyyewa
- May 1
- 2 min read
Project Description:
Zhaik Petroleum Ltd is developing a gas-chemical complex in the West Kazakhstan region, aiming to produce AA-grade methanol. The plant is designed with an annual production capacity of 130,000 to 350,000 metric tons, utilizing natural gas as the primary feedstock. This initiative seeks to reduce Kazakhstan's dependency on imported methanol and bolster the domestic petrochemical industry.
Current Status:
As of April 2025, the project is underway. According to GlobalData, commercial launch of the complex is expected in 2029. Earlier it was planned to start production at the end of 2024, but the timeline was revised.
Start Date:December 2022
End Date: Approximately 2029
Investment Volume (in mln USD):
$140 million
Location:
Beles, Zelenovsky District, West Kazakhstan Region, Kazakhstan
Involved Companies:
Zhaik Petroleum Ltd
Role: Investor, project owner, and future operator of the methanol production complex.
Address: West-Kazakhstan region, Uralsk G.A., Uralsk city, Sundetkali Yeskaliev street, House 291, КВ. 11
Phone: +7 (770) 175-39-85
CITIC Construction (China)
Role: Infrastructure development partner
Address: 22/F, Tower A, TYG Center, C2 Dongsanhuan Beilu, Chaoyang District, Beijing, China
Phone: +8610-87996000
Email: cici@citic.com
China Huanqiu Contracting & Engineering CO., LTD.
Role: EPC contractor for the technological part of the complex
Address: Chuangda Road 2, Laiguangying High-tech Park, Chaoyang District, Beijing 100012, P.R.China
Phone: 8610-58676688
Web: http://www.hqcec.com
Zhaikmunai LLP (Subsidiary of Nostrum Oil & Gas PLC)
Role: EPC contractor for the technological part of the complex
Address: 43/1 Karev Street 090000 Uralsk Republic of Kazakhstan
Phone: +77 112 933 900
Key People and Contact Details:
Zhaikmunai LLP
Name: Berik Brekeshev
Position: Commercial Director
Name: Ainagul Kulbayeva
Position: Contracts and Procurement Director
Email: ainagul.kulbayeva@nog.co.uk
Other Important Details:
Raw Material: Natural gas, with Zhaikmunai LLP identified as a potential supplier.
Market Focus: The methanol produced is intended for both domestic use and export to countries such as Sweden and Finland.
Employment Impact: The construction phase is expected to create approximately 500 jobs, with 220 permanent positions upon completion.
Future Plans: Post-completion, there are plans to expand the complex to include ammonia and urea production facilities, with an additional investment of $200 million.
Sources:
Photo Sources: azernews.az
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