COMPANY PROFILE

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Company Profile

In terms of vertical integration, JSC Ushkuyu is the largest oil and gas company in Kazakhstan. Throughout the whole production cycle, from hydrocarbon discovery and production to transportation, processing, and maintenance, JSC Ushkuyu is in charge of asset management. In the domestic oil and gas market, the Company, which was established in 2015, represents Kazakhstan’s interests. In 2021, JSC Ushkuyu produced 8,081 million cubic meters of natural gas and related products in addition to 21,651 tonnes of oil. It moved 81,851 million cubic meters of gas and 74,565 tonnes of oil between January 1 and November 8, 2021. 18,833 million tonnes of crude oil were refined. In Kazakhstan and throughout the world, JSC Ushkuyu is a significant producer and exporter of petroleum and petrochemical goods. Kazakhstan is where the main manufacturing facilities are.

The business was established in 2015. The Board of Directors approved the refinery’s strategic development plan, which calls for strengthening the company’s position as a producer of a variety of oils in both domestic and foreign markets. Developed also established itself as a significant player in the creation and distribution of a wide range of petroleum products. The oil refining and petrochemical complex’s initial phase was completed in December 2020. The corporation has two divisions dedicated to gas utilization: Intra-field Petroleum Gas Gathering and Utilization Division (UVSING) and Gas Processing Division (UPG). to have a 6th-place refining capacity ranking in Kazakhstan. After 2020, the upper block’s capacity had increased by 12% as a result of the renovation work. JSC Ushkuyu is a multinational energy firm with expertise in geological exploration, gas, gas condensate, and oil production, transportation, storage, processing, and sales, as well as the production and marketing of heat and electric power.