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10.07.2023 10:16 #Corporate events

National company "KazMunayGas" announces partial shutdown of Atyrau oil refinery and production at some fields in Atyrau and Mangystau regions

/KASE, July 10, 2023/ – National company "KazMunayGas" JSC (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated July 5, 2023:

quote

On July 3, 2023, at 18:25 (Astana time), a partial shutdown of Atyrau refinery occurred due to a power outage from external networks.

As a result, the technological installations of the enterprise powered by external networks stopped. The Crude distillation unit (CDU) continued to operate, as it is provided with electricity from internal generation at the thermal power plant of the enterprise.

Despite the incident, Atyrau refinery continued to ship petroleum products from existing reserves. At the time of the incident, there were 26 thousand tons of gasoline, 34 thousand tons of diesel fuel, 1,500 tons of liquefied petroleum gas, 6 thousand tons of jet fuel in the tanks of the plant. These volumes are enough for seven days of stable shipment.

As the power supply stabilizes, the gradual withdrawal of technological installations to a stable mode has begun. By the end of this week, Atyrau refinery is scheduled to reach the planned production volumes of petroleum products.

Due to the accident at the 1st power unit of the Mangystau nuclear power plant (MNPP), an emergency shutdown of generating plants at the KUS LLP SGTPP occurred, which led to a complete power outage at KPI Inc.

Due to the shutdown of the power unit at the MNPP, oil production at the fields of JSC Ozenmunaigas, JSC Mangistaumunaigas, JSC Karazhanbasmunai, JSC Embamunaigas in Mangistau and Atyrau regions has been partially or completely suspended.

Work on the wells resumes as electricity is supplied.

unquote

The full press release is available on:

[2023-07-10]