Pavlodar Oil Chemistry Refinery LLP

Modernization of Pavlodar Oil Chemistry Refinery

Funding status: On administration

Information about Pavlodar Oil Chemistry Refinery LLP 

Project name Modernization of Pavlodar Oil Chemistry Refinery
Project Description The project is aimed at bringing the quality of the products up to meet the requirements of ecological classes K4 (for gasolines) and K5 (for winter and summer diesel fuel).
Borrower Development Bank of Kazakhstan JSC Pavlodar Oil Chemistry Refinery LLP 
Final beneficiaries
 Samruk-Kazyna JSC
Product
  1. Autobasins AI-92, AI-95/98,
  2. Diesel fuel,
  3. Jet fuel,
  4. Fuel oil,
  5. Liquefied petroleum gas,
  6. Vacuum gas oil,
  7. Coke,
  8. Bitumen and sulfur
Project funding structure Project cost 235,7 bln ₸
Participation of Development Bank of Kazakhstan  JSC by currency of financing Loan facility (not to exceed 29.4%), includes:
  • Limit No.1 – up to 51,465 bln ₸;
  • Limit No.2 – up to 49 mln $
The Borrower's own participation, including at the expense of the POCR participants funds 57,61 bln ₸ (24,4%)
Participation in project financing oа other lenders 108,99 bln ₸ (46,2%)
Granting terms of Financing Instrument to the Development Bank of Kazakhstan JSC Financing currency Kazakhstan tenge, US dollar
Type of Financing Instrument Long-term lending for Investment Projects
Remuneration rate Remuneration rate on loans:
  • Limit No.1 – 7,0% per annum;
  • Limit No.2 – 6 months LIBOR + 4,0% per annum
Loan term Up to 10 years
Sources of financing Own and attracted funds of Development Bank of Kazakhstan JSC
Additional Information Address Pavlodar, Khimkombinatovskaya street, 1
Tel 8 (7182) 39-60-09, 39-61-17
Fax 8 (7182) 39-60-98
Website: www.pnhz.kz, kanc@pnhz.kz