Tokayev informed about imminent completion of repairs at CPC

The Head of State received Magzum Mirzagaliyev, Chairman of the Board of JSC NC KazMunayGas, Kazpravda.kz reports with reference to the press service of the President of the Republic of Kazakhstan.

Kassym-Jomart Tokayev was reported on the current activities of the national company, its financial position and development prospects for the coming period.

Particular attention during the meeting was paid to the situation around the Caspian Pipeline Consortium. The President was informed about the imminent completion of the repair of single point mooring (VPU) systems, which will allow returning to the previous volumes of transportation of Kazakhstani oil via the CPC pipeline.

Along with this, the Head of State was informed about the construction of a complex for the production of polypropylene in the Atyrau region. According to Magzum Mirzagaliyev, this plant is planned to be commissioned in the coming months, thanks to which Kazakhstan will be able to become a net exporter of petrochemical products.

The head of state stressed the special importance of developing the country's petrochemical industry.

Recall that in March 2022, a storm damaged the single point mooring (VPU) of the sea terminal near Novorossiysk, through which most of Kazakhstan's export oil flows. In this regard, the Caspian Pipeline Consortium was forced to suspend the operation of the said VPU.