An oil refinery will be built in the Aktobe region. This was announced by Energy Minister Yerlan Akkenzhenov, Qazaqyia.kz reports citing Sputnik Kazakhstan.

The new refinery will have a medium capacity. Its capacity is 2 million tons. According to the minister, the medium-tonnage plant will not only meet domestic demand but will also sell products to Central Asian countries.

"Currently, there are disruptions in the supply of fuel and lubricants. In such a situation, as a country with resources, we can supply the necessary products to our neighbors," Akkenzhenov said.

According to the minister, the construction of the new project will be completed in two years. The plant will produce not only gasoline but also kerosene.

It is worth noting that today Kazakhstan has large oil refineries in Atyrau, Pavlodar, and Shymkent. Each of them can produce 5-6 million tons of products per year.

In addition to the small plant in the Aktobe region, another large plant will be built. Currently, its location is being specified.