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Kazakhstan Refinery to Process Russian Oil, Minister Confirms
(MENAFN) Kazakh Energy Minister Yerlan Akkenzhenov confirmed Tuesday that the Kondensat oil refinery in the West Kazakhstan region will begin processing crude sourced from Russia.
Speaking at a government briefing, Akkenzhenov said an agreement is already in place under which 70% of the facility's output will be exported to Russia, while the remaining 30% of in-demand petroleum products will stay within Kazakhstan.
“I believe these are normal conditions. The owner (of the enterprise running the refinery) is not included on any sanctions lists, so we won't be affected by the sanctions,” Akkenzhenov was quoted as saying by a Russian state news agency.
Since no pipelines currently link the plant to either Kazakhstan's or Russia's pipeline networks, Akkenzhenov said the refined product will instead be transported by rail.
“If the owner wants to ship products now, that's no problem. Everything depends on the railway's capacity. I know they're undertaking some reconstruction work at this plant to increase capacity. The benefits for us are additional investment in our country and job security,” Akkenzhenov added.
According to the Kazinform news agency, Akkenzhenov also disclosed that Kazakhstan's oil production target for 2026 has been revised downward, from 98 million tons to 96 million tons.
He attributed part of the shortfall to the Caspian Pipeline Consortium, saying attacks on the pipeline will cost the country 3.5 million tons in lost production.
The disruption echoes a broader trend across the region: long-range drone strikes by Ukraine on Russian oil refineries in recent months have forced several facilities to halt operations or undertake repairs, straining fuel production and distribution in parts of the country.
Speaking at a government briefing, Akkenzhenov said an agreement is already in place under which 70% of the facility's output will be exported to Russia, while the remaining 30% of in-demand petroleum products will stay within Kazakhstan.
“I believe these are normal conditions. The owner (of the enterprise running the refinery) is not included on any sanctions lists, so we won't be affected by the sanctions,” Akkenzhenov was quoted as saying by a Russian state news agency.
Since no pipelines currently link the plant to either Kazakhstan's or Russia's pipeline networks, Akkenzhenov said the refined product will instead be transported by rail.
“If the owner wants to ship products now, that's no problem. Everything depends on the railway's capacity. I know they're undertaking some reconstruction work at this plant to increase capacity. The benefits for us are additional investment in our country and job security,” Akkenzhenov added.
According to the Kazinform news agency, Akkenzhenov also disclosed that Kazakhstan's oil production target for 2026 has been revised downward, from 98 million tons to 96 million tons.
He attributed part of the shortfall to the Caspian Pipeline Consortium, saying attacks on the pipeline will cost the country 3.5 million tons in lost production.
The disruption echoes a broader trend across the region: long-range drone strikes by Ukraine on Russian oil refineries in recent months have forced several facilities to halt operations or undertake repairs, straining fuel production and distribution in parts of the country.
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