Capital expenditures

Company’s Capital expenditures decreased by 19.5% year-on-year to KZT 505 bln (USD 1,320 mln). Capital expenditures represents investments in projects, maintaining current production levels and other expenses.

Complex modernisation of refineries has been completed, bringing fuels production of Euro-4 and Euro-5 standards and we are already exporting oil products to Europe and Central Asia. Main investments by segments are: Production - 51%, Transportation - 27%, Refining - 16%, Other – 6%.