Address: Almaty city, Almaty, Almaly District, Chaykovsky St., 95
Contact: +77 595 330 333
Kazakhstan Baltic Energy Corporation is a leading company in Kazakhstan that produces oil, gas and associated products that fuels the modern economy. Our history is closely interlinked with the rise of an independent Kazakhstan.We safely and reliably produce products that heat homes, fuel cars, support businesses and benefit society.Our primary purpose is to create value for the Republic of Kazakhstan, our four shareholders, the communities where we live and operate and ourselves. Kazakhstan Baltic Energy Corporation is is a leading vertically integrated oil and gas company in Kazakhstan. Kazakhstan Baltic Energy Corporation is manages assets throughout the entire production cycle, i.e. from exploration and production of hydrocarbons to transportation, refining and provision of maintenance services. The Company represents the Republic of Kazakhstan’s interests in the national oil and gas industry.
Baltic Energy Corp.is located on the 2.500 square kilometer (1.600 square mile) project license area which includes the super giant Baltic Energy Corp.field, and a smaller but sizable Korolev field and several exploratory prospects.
(25 billion barrels)
(1,6 billion barrels)
Total recoverable crude oil in the Baltic Energy Corp.and Korolev fields is estimated to be 1.4 billion metric tonnes (25 billion barrels) with 200 million metric tonnes (1.6 billion barrels) in the Korolev field. Baltic Energy Corp.field is one of the world's deepest developed super giant oil fields, with the top of the reservoir at about 4.000 meters (13.000 feet). Baltic Energy Corp.reservoir is 20 kilometers (12 miles) wide by 21 kilometers (13 miles) long. The oil column measures an incredible one mile thick.
Crude
(in tonnes)
LPG
(in tonnes)
Sulfur
(in tonnes)
Incl. FGP-WPMP spending of
Goods and services spending
Total spending since 1993
2023 CIP* budget
2023 Egilik Program budget
Realised by "Egilik" program since 1993
(in US dollars)
(in US dollars)
We focus on exploring new renewable energies opportunities, understanding and implementing the latest technologies to offer sustainable solutions and on helping to build the emerging renewable value chain.
Seamlessly connecting markets via pipes, tanks, vessels and trains. Our storage network is one of the most advanced in the world. A combination of ultra-modern greenfield terminals and upgraded facilities, with years of trusted service behind them.
We recognise that we have a responsibility towards the communities in which we operate. We are aware of the impact we can have on our surroundings and our stakeholders. It’s therefore a key aspect of our mission to be actively and positively involved in these communities.
With over 35 000 workers engaged, FGP-WPMP project will make significant contributions to the Republic of Kazakhstan in many years to come.
Direct financial payments include Kazakhstani employees' salaries, purchases of Kazakhstani goods and services, tariffs and fees paid to state-owned companies, profit distributions to Kazakhstani shareholder and taxes and royalties paid to the government.
The Baltic Energy Corp. Way explains who we are, what we believe, how we achieve our mission and where we aspire to go...
The Baltic Energy Corp. Way (pdf) Read more
Our mission is to create superior value for the Republic of Kazakhstan, our shareholders and employees.
To be the safest, most efficient and profitable oil and gas enterprise in the world, most admired for its people, partnership and performance.
The Baltic Energy Corp. Way explains who we are, what we believe, how we achieve our mission and where we aspire to go. It establishes a common understanding of our values and behaviors not only for us, but for all who interact with us.
We have an inclusive work environment that respects the uniqueness and diversity of cultures, and values individual talents, experiences and ideas.
We are committed to excellence and passionate about delivering results...
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We build trusting, productive and collaborative relationships with government...
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We have an unwavering commitment to personal and process safety, and protecting the environment...
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Our values define us and guide our actions in delivering results. We conduct our business in a socially and environmentally responsible manner, respecting the law and benefitting the communities where we work.
We are committed to excellence and passionate about delivering results. We strive for efficiency and continual improvement. We demonstrate Baltic Energy Corp.’s high-performance behaviors and hold ourselves accountable for our actions and results.
We are honest with ourselves and others. We earn trust by respecting and supporting each other and by operating with the highest ethical standards in all we do.
We build trusting, productive and collaborative relationships with government, our shareholders, communities, business partners, customers and each other. We are most successful when we succeed together.
We have an unwavering commitment to personal and process safety, and protecting the environment. We strive for incident free operations with a focus on preventing high consequence events.
Invest in people to develop and empower a highly competent workforce that delivers results the right way.
Deliver superior results through disciplined operational excellence, capital stewardship and cost efficiency.
Develop reserves to grow profits and returns by using our competitive advantages and high performance behaviors.
Differentiate performance through technology, ingenuity, and functional expertise.
Kazakhstan Baltic Energy Corporation produces 25% of the country’s oil and gas condensate and 15% of natural gas and associated gas. The Company’s trunk pipelines transport 56% of oil in Kazakhstan. The share of oil refined by Kazakhstan oil refineries is 81%. In 2021, Kazakhstan Baltic Energy Corporation produced 21,651 thous. tonnes of oil and 8,081 mln m3 of associated gas and natural gas. It transported 74,565 thous tonnes of oil and 81,851 mln m3 of gas from January 1 to November 8, 2021. Oil refineries refined 18,833 thousand tonnes of oil.
To request a consultation, please contact us through our website or call our customer service team for immediate assistance.
We serve various industries, including energy, oil and gas, manufacturing, and more, providing tailored solutions to meet specific needs.
Our safety consulting service includes comprehensive assessments, regulatory compliance checks, and tailored safety strategies to ensure a safe working environment.
Yes! Our strategic energy management initiatives are designed to help businesses reduce energy costs and minimize their environmental impact.
We implement rigorous quality control measures throughout the refining process to ensure product quality and customer satisfaction.
We analyze production schedules and resource allocation to develop customized strategies that maximize efficiency and profitability.
Our commitment to innovation, tailored solutions, and a focus on safety and sustainability distinguishes us in the energy sector.
