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№ 5 (49), 2011 - KazEnergy

№ 5 (49), 2011 - KazEnergy

№ 5 (49), 2011 - KazEnergy

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kazenergy forumWe areplanning toconstruct anew oil refineryplant during theperiod of 2019– 2020 underthe Industrialprogram.route between Kazakhstan and China, enlargementof rail road supplies.Speaking of a forecasted period, we will beable to provide full export capacities subjectto the implementation of all the plans existing.As you know, CPC expansion projecthas been started, the capacities of 52 milliontons per year of Kazakh oil, indicated on theslide, will be supposedly achieved in the firstquarter 2015.A linear section of Kazakhstan – China pipelinehas already been completed. The capacityincrease up to 20 million tons is the issuerelating to the construction of additional oilpumping stations. This project may be easilyimplemented as the resource base increases.The slide does not include Kashagan productionvolumes at the second stage, but theyare hardly possible prior to 2019. Accordingly,KCTS is not included either. Theseprojects are mutually related.Thus, considering the potential of the Kazakhstani– Caspian Transportation SystemSlide 1.Proven oil reserves (billion t).Source: BP Statistical Review of World Energy June <strong>2011</strong>operation, we assume that the issue of theplanned export routes is clear. Obviously,each project has some operational, technicalissues, which will be solved in a timely manner.We are committed to it. And we see suchcommitment at our neighbors, partners andinvestors.On the fourth slide you see the actual andforecasted dynamics of oil supplies to the domesticmarket. This volume is processed onthree Refineries in Atyrau, Shymkent andPavlodar. Their capacities are not enough.Today, a part of high-octane petrol consumeddomestically is imported. Such dependenceon import causes the domestic supplies haltingduring the fuel crisis or price explosions,as it happened this summer.Of course, building an open economy requiresus following the global price trends.However, we can and must protect the internalmarket from price surge.For this purpose, the government, thoughlate, started the implementation of the Programon the expansion and modernization ofthese refineries. According to this Program,the reconstruction of all three refineries isprovided for by 2015. This will, firstly, allowfor an increase the refining capacities up to17.5 million tons, secondly, deepen the oilrefining to produce all types of oil productsinternally, and thirdly, provides for the productionof benzene complying with Euro-5standard. The works on the refineries havealready been started.We are planning to construct a new oil refineryplant during the period of 2019 – 2020under the Industrial program.For 20 years the gas consumption increasedmore than twofold. We expect such twofoldgrowth during next decade.22 № 5 (<strong>49</strong>), <strong>2011</strong>

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