Kazakhstan to boost oil transportation via TITR to up to 3mln tons in 2 years

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Photo: primeminister.kz

Kazakhstan is set to bring oil transportation via the Trans-Caspian International Transport Route to 3 million tons in the next two years, Kazinform News Agency cites the press service of the Kazakh Prime minister.

The country continues expansion projects at its oilfields such as Tengiz, Karachaganak and Kashagan. Thus, the throughput of the Kazakh section of the Caspian Pipeline Consortium rose from 54 to 72.5 million tons a year.

The Shymkent oil refinery’s capacity is set to reach 12 million tons per year, thus fully covering the demand of the domestic market with fuel and lubricants.

As for national gas production, the country launched production of gas at Rozhkovskoye, Yuzhnyi Aksai and Anabai fields with recoverable reserves of over 31 billion cubic meters of gas. In the mid-term, it is expected to commission Urikhtau Tsentralnyi, Zapadnaya Prorva and Kalkamas gas fields with recoverable reserves of 69 billion cubic meters of gas.

There are plans to launch phase 2 and 3 of Saryarka gas pipeline, Aktobe-Kostanay gas pipeline, and 2nd line of Beineu-Bozoi-Shymkent gas pipeline.

This year, the country is to embark on the Butadiyen project worth 1 billion dollars to develop the petrochemical industry. Realization of 13.7 billion US dollars worth of investment projects to produce polyethylene, polyethylene terephthalate and carbamide in Atyrau and Aktobe regions continues.

As for the electric power industry, plants with a capacity of around 500 MW were commissioned last year. In 2024, 14 projects with 825 MW of capacity, including 12 renewable energy projects with a capacity of 260 MW, are to be launched.

Thermal plants with a manoeuvrable generation mode are under construction in Turkestan, Almaty and Kyzylorda regions. The Ekibastuz GRES-2 power station is gearing up for the 3rd and 4th power units modernization. The city is also to build a new GRES-3 power station. Construction of new thermal power plants is expected in cities of Kokshetau, Semey and Ust-Kamenogorsk.

Work is ongoing to carry out renewable energy projects with a total capacity of 4 GW together with Total, Masdar, Acwa Power and Unigreen Energy.

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