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Kazakhstan’s Kondensat Oil Refinery to Process Russian Oil

Astana: Kazakhstan's Kondensat oil refinery in the West Kazakhstan region is set to process Russian oil, as announced by Kazakh Energy Minister Yerlan Akkenzhenov. During a government briefing, Akkenzhenov detailed that an agreement has been established for the export of 70% of the refinery's output to Russia, with the remaining 30% of petroleum products to be retained within Kazakhstan.

According to Anadolu Agency, Akkenzhenov emphasized that the current operational conditions are favorable, as the enterprise running the refinery is not subject to any sanctions. This status ensures that the refinery's operations will not be hindered by international sanctions. He further explained that, due to the absence of pipelines connecting the facility to either Kazakhstan's or Russia's pipeline systems, the refined oil will be transported via rail.

Akkenzhenov stated, "If the owner wants to ship products now, that's no problem. Everything depends on the railway's capacity." He noted ongoing reconstruction work at the plant aimed at increasing its capacity, which he views as beneficial for Kazakhstan through additional investment and job security.

The Kazinform news agency also reported Akkenzhenov's comments on Kazakhstan's oil production plan, which has been adjusted from 98 million tons to 96 million tons for 2026. He attributed production losses to attacks on the Caspian Pipeline Consortium, estimating a decrease of 3.5 million tons.

Recent months have seen long-range drone attacks by Ukraine on oil refineries in Russia, forcing several facilities to suspend operations or conduct repairs. These events have exerted pressure on fuel production and distribution in certain regions of Russia.