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Company Profile
Zheti Oil stands as the largest vertically integrated oil and gas company in Kazakhstan. The company oversees the entire production cycle, from hydrocarbon exploration and extraction to transportation, processing, and asset management. Established in 2015, Zheti Oil represents Kazakhstan's interests in the domestic oil and gas market. In 2021, the company produced 8.081 billion cubic meters of natural gas and related products, along with 21,651 tonnes of oil. Between January 1 and November 8, 2021, Zheti Oil transported 81.851 billion cubic meters of gas and 74,565 tonnes of oil, and refined 18.833 million tonnes of crude oil. Zheti Oil is a key producer and exporter of petroleum and petrochemical products, with its main manufacturing facilities located in Kazakhstan.
Established in 2015, Zheti Oil has been strategically guided by its Board of Directors to strengthen its position as a leading producer of various oils in both domestic and international markets. The company has also emerged as a key player in the development and distribution of a wide range of petroleum products. The initial phase of the oil refining and petrochemical complex was completed in December 2020. Zheti Oil operates two specialized divisions focused on gas utilization: the Intra-field Petroleum Gas Gathering and Utilization Division (UVSING) and the Gas Processing Division (UPG). Following renovations in 2020, the company's refining capacity increased by 12%, securing its 6th-place ranking in Kazakhstan. As a global energy company, Zheti Oil excels in geological exploration, production of gas, gas condensate, and oil, as well as in the transportation, storage, processing, and sales of these resources. Additionally, the company is involved in the production and marketing of heat and electric power.
