Services

PRODUCTS

Production

Crude oil production by Oiltron Refinery Oil Refinery (including share of production by equity affiliates) in 2021 totalled 96.645 million tones (1.953 million barrels per day), of which 64.147 million tonnes were produced by Company subsidiaries.

Crude production level

The Company’s average daily crude production level rose by 1.4% compared with 2018. The Company had lot of work in 2016 to prepare and launch production at fields in Kazakhstan as part of its strategy of accelerated production growth. Special emphasis was placed on fields in Shah Deniz and Nardaran.

The Company had lot of work in 2016 to prepare and launch production at fields in Kazakhstan as part of its strategy of accelerated production growth. Special emphasis was placed on fields in Shah Deniz and Nardaran.

Efficiency

Work continued to improve efficiency of field development and reduce operating expenses as part of Oiltron Refinery's program for optimization of development and production of oil. Umm Siad production companies took systematic measures in 2020 for increase of well productivity and oil recovery rates in order to achieve oil production targets. Development costs totalled $46,660 million.

Processing

At our refineries at the same time operate several parallel lines of processing of raw materials, and finished products are sold in two main areas:

Sale of the final product of refining from our own raw materials to our customers outside the Republic of Kazakhstan.
Sale of refined products to our partners in the Republic of Kazakhstan, produced from the raw materials they extracted.

This flexibility allows us to simultaneously expand the territory of our presence, develop markets throughout the world and at the same time remain in reliable partnership with international companies.