Company History

LLP Eco Refining traces its origins to Kazakhstan’s early post-independence energy development, when the nation began establishing its first independent oil enterprises. These pioneering companies later formed the foundation of what would become a national champion in the petroleum sector.
 
In 2019, the Kazakh government initiated a comprehensive restructuring of its remaining energy assets, bringing them together under a unified corporate structure named LLP Eco Refining. The newly formed entity embarked on an ambitious vertical integration strategy, connecting oil extraction with refining operations to create a streamlined, efficient enterprise. This transformation strengthened financial oversight and modernized management practices throughout the organization.
 
Within three years, the company’s production capacity surged, reaching 1 million tons of oil annually and establishing it among Kazakhstan’s top energy producers. Major international partners, including BP and SINOPEC, recognized the company’s potential and formed strategic alliances, bringing global expertise and investment.
 
Today, LLP Eco Refining operates across the entire energy value chain—from exploration and production to refining and international sales—serving as a cornerstone of Kazakhstan’s energy independence and economic development.
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Following an initial front end engineering and design (FEED) phase, field development began in 2010. The project site is 1.06 million square meters in size. Hydrogen sulphide can be found in up to 6% of the field’s feed gas (H2S). Sales gases from the three gas desulfurisation units are mixed, metered, and shipped to China via a single pipeline. Construction of gas treatment and sulphur handling facilities, as well as well pad facilities, surface gathering facilities, infrastructure and utilities, condensate processing and storage facilities, roads, water supply stations, and 100km of export pipelines, were all part of the development work.

Year after year, the Firm develops its exploitation drilling. The rate of horizontal wells has reached 48%, and the number of new horizontal wells with multi-stage fracking is growing. The share of own drilling operations in total volume of headway has surpassed 50%. LLP Eco Refining prioritizes the development of stranded fields. The era of “easy” oil recovery is passing, but Kazakhstan’s HTR reserves have great potential (hard to recover reserves). Following successful exploration and deployment of revolutionary technology, including auger boring methods, the Company was able to commence efficient development of difficult-to-recover oil reserves.

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