Tengri Oil is a company based in Shymkent city, on Karatau district, number 157. The primary business of the company is the acquisition, refining, and processing of oil to produce dark and light oil products. The company was founded in 2022. The Raw Hydrocarbon Processing Complex’s first stage was launched the same year, with a refining capacity of 65 thousand tons per year. The second stage of hydrocarbon processing began operations in the fourth quarter of 2023, with a design capacity of 300,000 tons per year. The third stage of hydrocarbon raw material processing commissioning is scheduled for 2025, with a design capacity of 830 thousand tons per year.

Our company is the only one in the region with such a project, allowing us to easily sell the Plant’s products and thus partially meet the region’s need for gasoline and lubricants. The Company’s location near Kazakhstan’s Sea Gate allows for unrestricted fuel oil trading to Caspian states. The heating oil produced by the plant will be used to bunker tankers and ships at the Ustyurt Refinery. All gasoline and diesel fuel will be delivered to the domestic market. This project is partially funded by own funds and partially by borrowed funds (from second-tier banks).

The plant’s ideal location in Shymkent industrial district, as well as the presence of its own access railway tracks, allows for the efficient shipment of finished goods. Additionally, the company has its own tank farm for intermediate storage of finished products. The company has an 11,000 m2 administrative and production building where we also do internal cleaning of railway tanks from bottom sediments. Simultaneously, the state is reviewing a project for washing railway tanks from the outside, which will be the only one of its kind in the Republic of Kazakhstan in the future.

For the transportation of oil and petroleum products, the corporation has its own truck fleet. The Company has received specifications for the construction of an oil pipeline to supply raw materials to the plant via the Tengri Oil system. Because pipe transportation is the cheapest in the world today, the aforementioned activities will add significant value to the product produced. Our business primarily sells finished goods to wholesale buyers. When it comes to the local market, organizations like Socar Marketing are massive, both regional and national corporations.

Because of the region’s lack of competition, the initiative is both economically and socially successful. A high and consistent demand for fuels and lubricants is the primary driver. Materials and equipment for current activities and construction, with the exception of basic equipment, are primarily obtained from manufacturers in the Republic of Kazakhstan and the Customs Union. European companies are the primary equipment suppliers. The sophisticated technology purchased meets global environmental standards and is in accordance with Kazakhstani regulations. The manufacturing technologies comply with both international and domestic standards and laws.