ASTANA, Kazakhstan, May 8. Chairman of the
Management Board of KMG PetroChem Diaz Diyanov, and General
Director of CNPC-Aktobemunaigas Zhu Shitao discussed the
implementation of the gas chemical complex project for the
production of urea and methanol in Kazakhstan’s Aktobe region,
Trend reports via KMG
PetroChem.
During the meeting, the sides discussed the next stages of
project implementation and reviewed outstanding issues requiring
joint coordination. Particular attention was paid to the
interaction between project participants, the timely execution of
works, preparation for subsequent phases, and future investment
decisions.
Following the talks, the parties agreed on further joint steps
to advance the project.
In addition, representatives of the companies held a working
meeting with the deputy akim of the Aktobe region to discuss state
support measures, the creation of the Aktobe special economic zone,
and the development of the engineering and transport infrastructure
required for the future gas chemical complex.
According to the companies, a working group consisting of eight
specialists responsible for coordinating key areas of the project
has already relocated to Aktobe and will continue operations there
permanently.
KMG PetroChem noted that the urea and methanol complex is
considered one of Kazakhstan’s strategically important investment
projects aimed at developing both the gas chemical industry and the
agricultural sector. Kazakhstan currently does not have domestic
urea production and relies on imports to meet agricultural demand.
The new plant is expected to fully cover the domestic market’s
needs, while also creating jobs, boosting the industrial potential
of the Aktobe region, and increasing the country’s gas processing
capacity.
In September 2025, within the framework of the 8th
Kazakhstan-China Business Council, KMG PetroChem and
CNPC-Aktobemunaigas signed an agreement on the key principles for
establishing a joint venture, which is planned for 2026.
The future complex is planned to be located in the Mughalzhar
district of the Aktobe region and is expected to produce up to
880,000 tons of high-nitrogen-content urea and 80,000 tons of
methanol annually.
CNPC-Aktobemunaigas is China National Petroleum Corporation's
(CNPC) first major investment project in Kazakhstan.