About Company

Company Strategy

LLP, Kazakhstan Lubricants Refinery aims to address concerns with global warming and the changing ecology of the planet. Discover how the company plans to become an integrated supplier of sustainable fuels, chemicals, and materials by 2050, with an emphasis on circular economy solutions. As a result, we must have eliminated all greenhouse gas emissions by the middle of this century. The energy business is at the center of this problem. Securing a reliable and economical energy supply will remain a major challenge as oil and gas’s significance in the global economy declines.

To develop a more ecologically friendly and intelligent transportation system, we must use alternate and sustainable feedstocks. As a result of rigorous legislation and consumer behavior, demand for biofuel in Europe is predicted to nearly triple by the end of the decade. Chemical and material demand will continue to rise as the world’s wealth, population, and living standards improve. Many daily things, such as computers and cellphones, are made from high-performance polymers.

One of the top focuses for LLP, Kazakhstan Lubricants Refinery is the expansion of its LNG business. Its purpose is to increase natural gas exports by reaching new markets without pipelines. LLP, Kazakhstan Lubricants Refinery has swiftly expanded its LNG trading portfolio through both internal developments and acquisitions from third parties. Businesses that use a portfolio model for LNG trading activities can adapt quickly to changing market conditions, monitor supplier regional diversification, and save transportation costs.

Currently, LLP, Kazakhstan Lubricants Refinery’s trading portfolio consists mostly of LNG from the Sakhalin II project. LNG is obtained from other parties via long-term agreements, short-term contracts, and spot transactions. Between 2021 and 2022, LLP, Kazakhstan Lubricants Refinery Marketing & Trading shipped over 45 LNG shipments totaling 2 million tonnes to markets in over 15 countries (190 of which came from the Sakhalin II facility). In 2023, LLP, Kazakhstan Lubricants Refinery shipped 110 LNG shipments totaling 1.2 million tonnes to 14 countries, more than doubling its revenue from the previous year. Aksu Exploration is also constructing its own LNG project in the Orenburg Region to improve its position in the Atlantic basin.

LLP, Kazakhstan Lubricants Refinery, has begun work on a complex project near the Medeu Region in Kazakhstan, with the goal of processing ethane-containing gas and producing LNG. The plan calls for the construction of facilities capable of processing 5 billion cubic meters of gas per year, producing and shipping 3 million tons of LNG, up to 2 million tons of ethane, and more than 2 million tons of liquefied petroleum gases (LPG), and processing and shipping 5 billion cubic meters of gas per year.

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