CITIC Group, KazMunayGas view nuts and bolts of water and oil schemes

Economy Materials 2 April 2025 13:19 (UTC +04:00)
CITIC Group, KazMunayGas view nuts and bolts of water and oil schemes
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, April 2. Chairman of the Board of JSC NC "KazMunayGas" Askhat Khassenov held a meeting with the CEO of the Chinese company "CITIC Environment" Lei Sung, Trend reports.

The parties discussed the progress of joint projects, including the operation of the seawater desalination plant (SWDP) of JSC "Karazhanbasmunai."

"The design capacity of the SWDP is 17,000 cubic meters, which will free up a significant amount of water flowing through the main pipeline from Astrakhan to Mangystau for the needs of the region's population," said KazMunayGas in a statement.

In the course of the meeting, Khassenov emphasized the importance of the plant achieving the required performance parameters as soon as possible.

He also noted the long-standing fruitful cooperation of the national company with Chinese partners on oil and gas sector projects, expressing confidence in the continuation of mutually beneficial relations with CITIC Group.

Another subsidiary of CITIC Group, CITIC Construction, is currently the general contractor for the project to increase the capacity of the Aktau Bitumen Plant (LLP "SP" CASPI BITUM) to 1.5 million tons per year. This will allow the company to increase its production of road bitumen from 500,000 to 750,000 tons per year. As a result of the project, the domestic market will be fully supplied with high-quality domestically produced road bitumen.

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