Eurasian Economic Union: Russian companies provide Kazakh chemical projects with success

State outsourced expertise of projects (Gosexpertiza) in the Republic of Kazakhstan issued a positive opinion to PAO OMSKNEFTEKHIMPROEKT (ONHP) regarding feasibility study (FS) to construct the first integrated gas and chemical complex in Atyrau region (the Client is Kazakhstan Petrochemical Industries Inc. LLP). Integration of Russian and Kazakhstan companies within the Eurasian Economic Union promotes competitiveness of companies and national economies at the global market. It allows applying the best practices, developing the best process solutions and implementing large scale optimization projects.

Any project success still depends primarily on quality. Therefore, demand on quality engineering at the RF domestic market and abroad is high. Russian engineering company ONHP currently holds a leading position in designing oil & gas facilities. The company can provide its services to discerning Russian and foreign clients. The list of ONHP major clients includes the leading industrial petrochemical companies of the Republic of Kazakhstan The ability to optimize processes and provide unique engineering solutions are the main competitive advantages besides the others. On design engineering market ONHP is known as a company which can find solution for sophisticated engineering tasks. Many years of successful cooperation and high quality of design works were major factors behind choosing ONHP by Kazakhstan Petrochemical Industries Inc. which operates Investment Project of the first integrated gas and chemical complex construction in Atyrau region.

The received positive opinion of Gosexpertiza confirms that Feasibility Study meets all requirements of national regulations of the Republic of Kazakhstan. The opinion includes also positive findings of environmental and sanitary-epidemiological expert reviews issued by relevant public authorities.

According to Ministry of Energy of the Republic of Kazakhstan, a number of large-scale projects of national significance are implemented within the State Program for enhanced industrial and innovative development and Strategic Plan of Ministry of Oil and Gas of the Republic of Kazakhstan. The first integrated gas and chemical complex contruction project in Atyrau region to produce 500 KTA of polypropylene and 800 KTA of polyethylene is the perfect example of the above projects. Creation of world-class petrochemical complexes in Kazakhstan is one of the basic trends of economy diversification via integrated and deep processing of hydrocarbons. Participation of Russian companies, such as ONHP, in implementation of priority national projects of Eurasian Economic Union member countries creates conditions to develop competitiveness of companies and national economies at the global market.

14 June 2016