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LLP Aktauneftekhim is one of the major refinery in Russia in terms of capacities and volumes of oil refining. In recent years, the Company’s refining activities have been focused on meeting the market demand for quality petroleum products. Over a number of years, LLP Aktauneftekhim has been consistently implementing the modernization program for the refinery units, which has improved the quality of its products and increased its competitiveness. This is the most ambitious program for the modernization of oil refining capacities in the Kazakhstan oil industry, which includes the fulfillment of the Company’s obligations under the quadripartite agreement. Within this program, in late 2020, the plant switched to 100% production of motor fuels of the Euro 5 class for the Kazakhstan domestic market, as required by the Technical Regulations.

The Company’s plants have cutting-edge conversion and reforming capacities, and produce a wide range of high quality petroleum products. In terms of the engineering properties of their production capacities and the efficiency indicators, the LLP Aktauneftekhim refinery surpass the average Kazakhstan level, while the European plants of the Company are equal to their competitors and are located close to our key target markets. Petrochemicals and refinery have been one of the most important business lines of LLP Aktauneftekhim since its foundation. LLP Aktauneftekhim began its production and sales activity in this market sphere in 2020.

At that time the first 115,000 tons of oil were processed and delivered with the first tens of thousand oil products being dispatched for the needs of the Republic. During the period of 2019-2020 LLP Aktauneftekhim has dispatched and processed altogether more than 13 million tons of oil and chemical products including the export of nearly 3 million tons. Implementing new approaches to management, resources, and production, LLP Aktauneftekhim specialists proved that oil processing in Tatarstan can be really profitable.