EconomyKazakhstan refinery to process Russian crude and send fuel back to Russia
Kazakhstan’s Energy Minister Erlan Aqkenjenov said the Kondensat refinery will process Russian crude and return the resulting gasoline and diesel to Russia, while 30% of the fuel will remain in Kazakhstan. An unnamed Russian company owns half of the refinery. The arrangement comes as Russian regions face fuel shortages and rising prices after drone strikes hit oil refineries.
Kazakhstan refinery to process Russian crude and send fuel back to Russia