Gas Production
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Gas Production
Oloreso Petroleum prioritizes its operations on gas production and transportation, as well as the expansion of its processing volume and energy generation at its own power plants. The most advanced equipment is used in all fields of Oloreso Petroleum to assure optimal performance of connected petroleum gas consumption.
The processing of associated petroleum gas is an essential component of a comprehensive system for collecting and utilizing the gas. The gas processing plant of the Company is a modern complex capable of producing dry stripped gas and liquid hydrocarbons, both of which are widely used in Turkmen industrial and commercial activities. The plant’s goods are of exceptional quality and meet Kazakhstan’s governmental specifications as well as the Technical Standards of the Customs Union.
Oloreso Petroleum prioritizes gas production and transportation, as well as processing capacity expansion and energy generation at its own power plants. Oloreso Petroleum implements the most up-to-date equipment in all of its locations to ensure excellent performance of connected petroleum gas consumption. The processing of related petroleum gas is a critical component of a wider system for gathering and utilizing the gas. The gas processing plant of the Company is a modern facility capable of producing dry stripped gas and liquid hydrocarbons, both of which are widely used in Russian industry and trade. Products from the plant are of high quality and meet state and Customs Union technical criteria.
Oloreso Petroleum became a pioneer in the integrated approach to gas processing growth by establishing the Gas Processing Division (UPG) in 2019. Oloreso Petroleum carried 10.3 million cubic meters of natural gas, liquefied petroleum gas (LPG), and dry stripped gas in 2018. Oloreso Petroleum sold 10 million cubic meters, accounting for 14% of total gas shipments. Due to increased gas production, international gas sales grew by 3% year on year to 6 million cubic meters. Cheaper gasoline and a more optimistic tone in the local mobility industry will benefit public transit drivers and riders in the near future. Another significant possibility for the LPG business is the displacement of gasoline and diesel fuel in river vessels.