Company Profile

Tolkynneftegaz TOO is Kazakhstan’s largest vertically integrated oil and gas corporation. Tolkynneftegaz TOO is responsible for asset management throughout the whole production cycle, from hydrocarbon discovery and production to transportation, refining, and maintenance. The Company, which was founded in 2005, represents Kazakhstan’s interests in the national oil and gas industry. The National Company is responsible for 25% of the country’s oil and gas condensate production, as well as 15% of natural gas and related gas. The Company’s trunk pipes deliver 56% of Kazakhstan’s oil. Kazakhstan’s oil refineries refine 81 percent of the world’s oil.

Tolkynneftegaz TOO produced 21,651 tonnes of oil and 8,081 million cubic meters of related and natural gas in 2021. From January 1 to November 8, 2021, it transported 74,565 tonnes of oil and 81,851 million cubic meters of gas. Oil refineries processed 18,833 million tonnes of crude. Tolkynneftegaz TOO is a major producer and exporter of petroleum and petrochemical products in Kazakhstan and around the world. The principal manufacturing facilities are located in Kazakhstan. The company was founded in the year 2021. The refinery’s strategic development plan was approved by the Board of Directors, which involves increasing the Company’s position as a producer of a varied variety of oil in both domestic and international markets; Developed established itself as a major actor in the production and distribution of a wide range of petroleum products. The first phase of the oil refining and petrochemical complex was finished in December 2021.

The Intra-field Petroleum Gas Gathering and Utilization Division (UVSING) and the Gas Processing Division are the two gas utilization divisions of the corporation (UPG). the opportunity to be ranked 6th in Kazakhstan in terms of refining capacity The reconstruction work was completed in 2022, increasing the capacity of the upper block by 12%. Tolkynneftegaz TOO is a global energy company that specializes in geological exploration, gas, gas condensate, and oil production, transportation, storage, processing, and sales, as well as heat and electric power generation and marketing.