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Energy Ministry weighs four sites for Kazakhstan's fourth oil refinery

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Energy Ministry weighs four sites for Kazakhstan's fourth oil refinery

Energy Minister Yerlan Akkenzhenov said on August 25, 2026 that Kazakhstan will build a fourth oil refinery, with a final site decision expected by the end of the year. The ministry is evaluating locations in Mangystau, Ulytau, Atyrau, and Turkestan regions. Construction is projected to take 3-4 years, including feasibility study and design.

Key Facts

  • Energy Minister Yerlan Akkenzhenov announced on August 25, 2026 that a fourth oil refinery will be built in Kazakhstan.
  • The final site decision is expected by the end of 2026, with Mangystau, Ulytau, Atyrau, and Turkestan regions under consideration.
  • The project will take 3-4 years to complete, including feasibility study, design documents, and construction.
  • Samruk-Kazyna holding is developing the feasibility study for the refinery.

Site Selection

The Energy Ministry is evaluating four regions for the fourth refinery: Mangystau, Ulytau, Atyrau, and Turkestan. Minister Akkenzhenov said the ministry is analyzing electricity, water, and other infrastructure needs at each site. A final decision on the location will be made by the end of 2026.

Project Timeline

The entire project, from feasibility study to construction, is expected to take 3-4 years. Samruk-Kazyna is currently developing the technical and economic assessment. The ministry will later conduct a formal selection process after completing the analysis.

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Energy Ministry weighs four sites for Kazakhstan's fourth oil refinery