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Kazakhstan Looks to Start Up New Refinery by 2033

OilPrice · Tsvetana Paraskova · last updated
Major oil producer Kazakhstan plans to commission a new refinery by 2033 to eliminate domestic fuel shortages and become a net fuel exporter, The Caspian Post reports, citing Vice Minister of Energy, Kaiyrkhan Tutkyshbayev. The new refinery, which will be Kazakhstan’s fourth, will have a processing capacity of 10 million tons of crude oil per year. Work on the planning and feasibility studies has started, the energy official was quoted as saying.      Earlier this month, Tutkyshbayev said that the central region of Ulytau…