Wednesday05 February 2025
inbusinesskz.com

Tokaev met with the head of JSC "NC" KazMunayGas."

The national company transported 83.6 million tons of oil in 2024.
Токаев встретился с руководителем АО «НК «КазМунайГаз».

“To maintain the production level, a program of technological challenges is being implemented, which involves the application of enhanced oil recovery methods with a differentiated approach to each field,” noted Khasenov.

The president was informed that the design phase for the Kalamkas-More project, valued at $6.4 billion, has begun. Additionally, drilling commenced in 2024 at the Turgai Paleozoic, Karaton Podsolovoy, Karajar, and Taisoygan wells, which have resources exceeding 800 million tons in oil equivalent.

The head of state was updated that the volume of oil transportation in 2024 surpassed the 2023 figure by 4%, reaching 83.6 million tons.

In domestic oil refineries, 17.44 million tons of oil were processed last year. Measures have been taken to increase the production of light oil products by 370,000 tons compared to 2023 to meet the domestic market's needs.

“A project to increase bitumen production to 750,000 tons per year at CASPI BITUM LLP is currently underway. Preliminary construction work has begun on a polyethylene production plant worth $7.4 billion, with a capacity of 1.25 million tons of product per year,” said the chairman of the board of JSC NC KazMunayGas.

In the Mangistau region, the construction of a desalination plant is underway to provide high-quality drinking water to the residents of Zhanaozen, and the construction of a hybrid power plant with a capacity of 247 MW has also started.

Furthermore, information was presented to Kassym-Jomart Tokayev regarding the implementation of social projects in various regions of the country.

In conclusion, the president instructed to continue systematic work on geological exploration, the implementation of major investment projects, and the development of the oil and gas chemical industry.