KazMunayGas considers Kazakh oil refinery privatisation

Pavlodar oil refinery, Kazakhstan

Kazakh oil refinery privatisation: Kazakhstan’s  Atyrau, Pavlodar and Shymkent  oil refineries could be put up for privatisation sometime in the future, according to  KazMunayGas’s Deputy Chairman.“The government is considering this issue,” he told journalists at the 10th Kazenergy Eurasian Forum in Astana yesterday.
The collapse in oil prices had force the company to cut its budget, cut investments by KZT 130bn and freeze the employment of new staff. Privatising the refineries  would “improve the situation and make private business more active there.”