National Company "KazMunayGas" sums up performance of oil refineries for 2023 and outlines plans for 2024

29.01.24 10:21
/KASE, January 29, 2024/ – National Company "KazMunayGas" JSC (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated January 26, 2024: quote Magzum Mirzagaliyev, Chairman of the Management Board of NC KazMunayGas JSC, held a meeting on the operational results of the KMG's refineries over 2023 and plans for 2024 during a working visit to Pavlodar. General directors of POCR LLP, AR, PetroKazakhstanOilProducts and CaspiBitum reported on the production and financial performance of the enterprises they lead based on the results of last year. It was noted that KMG’s refineries in 2023 ensured effective implementation of the production plans. A record yield of light oil products of 72.2% and a processing depth of 85.5% were achieved. Compared to 2022, the output of AI 92 gasoline increased by 5%, AI, 95/98, by 17%, and liquefied petroleum gas, by 8%. Thanks to systematic measures implemented at the plants, the stable functioning of the domestic fuel market is ensured. unquote The complete press release is available on: - https://kase.kz/files/emitters/KMGZ/kmgz_relizs_260124_kz.pdf – in Kazakh; - https://kase.kz/files/emitters/KMGZ/kmgz_relizs_260124.pdf – in Russian; - https://kase.kz/files/emitters/KMGZ/kmgz_relizs_260124_en.pdf – in English. [2024-01-29]