Kazakhstan Baltic Energy Corporation is a diversified downstream energy company specializing in petroleum refining, asphalt, renewable fuels, and logistics.
One of the Company’s strategic goals is to strengthen and increase its resource base. The solid resource base ensures that production operations are maintained and that hydrocarbon output targets are met. The Company conducts extensive exploratory activities and continues to expand its license portfolio, demonstrating consistent replenishment of oil and gas reserves. Kazakhstan is home to the Company’s fields and licensing blocks. When it comes to exploration, the Company prioritizes the employment of new technologies and equipment, as well as the support of operations through R&D and design institutes, all of which contribute in efficiency.
Kazakhstan Baltic Energy Corporation prioritizes gas production and supply while also expanding processing capacity and producing energy at its own power facilities. To ensure peak performance of connected petroleum gas consumption, Kazakhstan Baltic Energy Corporation deploys cutting-edge technology in all of its sectors. The processing of related petroleum gas is a critical component of a comprehensive gas collection and utilization system. The Company’s gas processing plant is a modern facility capable of producing both dry stripped gas and liquid hydrocarbons, which are both widely used in kazakhstan industry and trade. The company’s products are of high quality and meet state and Customs Union technical standards.
Kazakhstan Baltic Energy Corporation has two commercial divisions: refining and trading. The Kazakhstan Baltic Energy Corporation’s collaboration with important refineries in China and Russia resulted in a processing capacity of more than 500,000 barrels per day. This facility handles operations at the Kazakhstan Baltic Energy Corporation, product supply, bio and intermediate feedstock, and gas logistics. The Kazakhstan Baltic Energy Corporation produces petrochemicals and other goods. It operates three competitive inland refineries in Russia and China with an annual capacity of 17.8 million tonnes.
Kazakhstan Baltic Energy Corporation sells crude oil, natural gas, and petroleum products on domestic and international markets, ensuring that flows are appropriately distributed to meet market demand. The company has crude oil and petroleum product transshipment facilities, as well as pipelines, which contribute to lower transportation costs. Kazakhstan Baltic Energy Corporation has a well-developed marketing strategy and infrastructure for the sale of petroleum products on both domestic and international markets. By 2021, Kazakhstan Baltic Energy Corporation’s petroleum product export sales will have climbed to 25.3 million tons. (By contrast, 10.2 million tons are expected in 2022). By making separate deliveries of high-quality fuel oil produced at the refinery to Baltic and Black Sea ports in 2021, the Company was able to successfully increase the market value of this product in 2022.
With over 35 000 workers engaged, FGP-WPMP project will make significant contributions to the Republic of Kazakhstan in many years to come.
Kazakhstan Baltic Energy Corporation is a leading company that produces oil, gas and associated products that fuels the modern economy. Our history is closely interlinked with the rise of an independent Kazakhstan.