Modernization and reconstruction of the Shymkent Oil Refinery
Funding status: Guarantee status: On administration
InformationPetroKazakhstan Oil Products LLP
Project name | Modernization and reconstruction of the Shymkent Oil Refinery | |
Project Description | Modernization and reconstruction of the Shymkent Oil Refinery, as a result of the project, it is planned to increase the capacity of the reprocessing plant to 6,0 million tonnes per year and the depth of its processing to 90 percent, as well as production of products in accordance with the K-4 and K-5 standards | |
Borrower Development Bank of Kazakhstan JSC | PetroKazakhstan Oil Products LLP | |
Final beneficiaries |
The company «Chinese Oil Exploration and Development Company» (CNPC Exploration and Development Company Ltd.), JSC «KazMunayGas Exploration and Production» | |
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Project funding structure | Project cost | 1 905,36 mln $ |
Participation of the Development Bank of Kazakhstan JSC by financing currencies |
Up to USD 932 million (at least 48.87%), including:
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The Borrower's own participation, including at the expense of the PKOP participants funds | 974.28 mln $ | |
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Granting terms of Financing Instrument to the Development Bank of Kazakhstan JSC | Funding currency | US dollar, Kazakhstan tenge |
Type of Financing Instrument | Medium-and lLong-term lending for Investment Projects | |
Remuneration rate |
Remuneration rate for loans:
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Loan term | Up to 13 years | |
Sources of financing | Funds of the Development Bank of Kazakhstan JSC, funds attracted (including funds under the State Program for Industrial-innovative Development of Kazakhstan for 2015-2019 at the expense of the Republican budget) | |
Additional Information | Address | Shymkent, Enbekshinsky district, 264 quarter, building №1 |
Tel | 8 (7252) 241 101 | |
Fax | 8 (7252) 436 021 | |
Website: | www.petrokazakhstan.kz, cpkop@petrokazakhstan.com |