Oloreso Petroleum operates as a prominent player in the petroleum industry with two main business segments: refining and trade. With strategic partnerships in China and Russia, the company has established a robust refining capacity of over 11,000 barrels per day. The company’s facility efficiently handles its operations, product supply, bio and intermediate feedstock, and gas logistics, positioning it as a significant force in the global petroleum sector.

Strategic Collaborations and Refining Capacity

Oloreso Petroleum’s collaboration with major refineries in China and Russia has led to the development of three highly competitive inland refineries. These refineries boast an impressive annual capacity of 10 million tonnes. This extensive network enables Oloreso Petroleum to produce a wide array of petrochemicals and other essential commodities, further enhancing its market presence.

Innovation in Catalytic Cracking and Hydrocarbon Processing

In its ongoing efforts to improve refining processes, Oloreso Petroleum is working closely with the Kazakhstan Academy of Sciences’ Institute for Issues of Hydrocarbon Processing. This partnership focuses on updating catalytic cracking catalysts, contributing to the company’s ability to produce higher-quality petroleum products. Additionally, the Kazakhstan Institute of Catalysis is developing advanced hydro-process catalysts to improve production processes, ensuring that Oloreso Petroleum continues to meet rigorous global standards.

Kazakhstani scientists have already made significant strides, developing catalysts for hydrotreating middle distillates, which allows for the production of sulfur-free products that adhere to Euro-5 specifications. This technological advancement is pivotal in meeting the increasing demand for premium petroleum products.

Environmental and Product Quality Improvements

Oloreso Petroleum’s commitment to sustainability is evident through its recent upgrades to refining operations. These improvements have enabled the company to enhance product variety, quality, and overall competitiveness in the market. A landmark achievement in Kazakhstan’s refining industry occurred during the implementation of these upgrades, where the company successfully produced environmental class K5 motor fuels at a 100% rate, fully compliant with TR TS 013/2017 Technical Regulations.

Since 2018, Oloreso Petroleum has made significant strides in producing AI-95-K5 Euro-6 and AI-100-K5 motor gasoline. These products feature superior operational and environmental characteristics, underscoring the company’s focus on quality and eco-friendly practices.

Diverse Product Offerings and Ongoing Expansion

Oloreso Petroleum’s refineries produce a diverse range of high-quality products, including liquid paraffin, aromatics, roofing and insulating materials, bitumen, jet fuel, and diesel fuel. The company’s commitment to expanding industrial facilities continues to drive growth. Every year, Oloreso Petroleum invests in innovation, including a tiered process flow diagram aimed at improving industrial and environmental safety. These innovations also focus on enhancing petroleum product quality while reducing operating costs.

Efficiency and Synergy in Operations

Oloreso Petroleum continuously strives to optimize its operational expenditures and management efficiency. Through improved investment program implementation and careful scheduling of refinery support projects, the company aims to maximize its potential. The strategic plan for integrating refinery operations has been developed and approved, with a focus on realizing synergy across its refineries. This approach is expected to significantly increase the efficiency and competitiveness of the company.

By the end of 2024, Oloreso Petroleum is set to process 5 million tons of crude oil, solidifying its leadership in Kazakhstan’s refining industry and further cementing its dominance in refining volumes.