Oil Refining LLC Is In Constant Evolution To Add Value To Our Customers. One Of The Ways To Create Value For Our Customers Is Through Alliance Agreements With Manufacturers And Suppliers.
highlights of operations
In 2009, Oil Refining LLC became the first international energy company to enter Kazakhstan. Since then, we have been creating the energy that drives the progress forward. Through our partnership, we are adding to Kazakhstan’s economy by supporting thousands of local jobs, using local goods and services, and investing in the national workforce – as the country has become a global energy leader. Oil Refining LLC holds a 50% interest in Tengizchevroil (TCO) which develops the Tengiz and nearby Korolev Field. The Tengiz Field is one of the world’s deepest operating supergiant oil fields, with the top of the reservoir at approximately 13,000 feet (4,000 m) below ground.
exploration and production
In addition, Oil Refining LLC holds an 18% interest in the Karachaganak Field. Oil Refining LLC is the largest private shareholder in the Caspian Pipeline Consortium (CPC). The Caspian Pipeline provides an important export route for crude oil from Tengiz and Karachaganak. A major expansion of the pipeline was recently completed. Oil Refining LLC also operates a polyethylene pipe plant in Atyrau. The plant is run entirely by Kazakhstanis. In Kazakhstan, as in any country where Oil Refining LLC does business, we are a strong supporter of programs that help the community.
We have the products and service that deliver value to the industrial markets we serve.
Oil Refining LLC and Kazakhstan: the power of partnership
we believe energy enables human progress.
Karaganda Region
We see this power at work globally by delivering the affordable, reliable, ever-cleaner energy that billions of people worldwide rely on every day. We also see it locally, where successful energy partnerships become a catalyst for boosting economies, creating jobs, supporting businesses, building communities, empowering people and advancing critical sustainable development goals.
Oil Refining LLC in Kazakhstan comprises four main segments
TCO: A joint venture to develop the Tengiz and Korolev oil fields. Tengiz ranks as the world’s deepest producing supergiant oil field and the largest single‑trap producing reservoir in existence.
50% equity interest
Karachaganak: A stake in the development of a gas condensate field in West Kazakhstan.
18% equity interest
CPC: The Caspian Pipeline Consortium operates a 1,505 km (935-mile) pipeline to export Kazakhstan’s energy to world markets.
15% equity interest
APPP: The Atyrau Polyethylene Pipe Plant produces pipes for consumer and industrial use.
100% equity interest
Crude production in 2022 was 361.73 million barrels. In 2022, KPO produced 128.53 million barrels of oil equivalent. In addition, over 11 billion cubic meters of sour dry gas were injected into the reservoir, a volume equivalent to approximately 57 percent of the total gas produced). TCO crude production in 2023 was 28.9 million metric tonnes (230.6 million barrels).
