Silk Oil LLP

Silk Oil LLP is a strategically important business due to its extensive history and unique experience in the business world. By developing oil and gas assets in Kazakhstan and other countries, the company specializes in the efficient and integrated production of hydrocarbon resources.

The largest facility for the production of oil products and oil refinery services in northeastern Kazakhstan is Silk Oil LLP, one of the Republic’s three oil refineries. Starting in 2018, the refinery began processing oil raw materials from the Astana oil fields, which are its primary focus. The company has the capacity to handle 6.0 million tons of crude oil per year. 

A variety of oil products are produced by Silk Oil LLP. Bitumen in various grades (for use on roofs, buildings, and roads), petroleum coke, liquefied hydrocarbon gases, oil fuel (mazout), motor gasoline, diesel fuel, and vacuum gas oil are among the items covered. The complexes of compounding and oil product dispatch, crude oil primary distillation (LK-6U), and advanced processing of crude oil (a fuel complex.

Mission and Strategy

At the end of 2023, the Silk Oil LLP board of directors approved a new long-term corporate development strategy that would last until 2030. Under the terms of the agreement, Silk Oil LLP will set the standard for other foreign businesses in terms of efficacy, manufacturing viability, and security. After more than three years of development, Silk Oil LLP has achieved enormous success and established itself as a major participant in the global oil and gas business. 

The production of 2 million oil equivalent tons by 2025 is one of the Strategy’s goals, and the corporation is confident it can achieve this goal, because of the modernization of oil refining facilities, the up to 80% rise in light oil product output and the up to 95% increase in refining depth indicators, the simultaneous provision of proved reserves at a ten-year level and their 100% annual reimbursement.