In the framework of the Made in KZ 2012 project, we have addressed to top managers of the national companies, included in Sowereign Welth Fund Samruk-Kazyna, with the request to share with readers of Kazakhstan magazine their achievements and priorities in the field of implementation of industrial innovative projects and local content development.
- What are the strategic tasks of your company in the area of industrial-innovative development?
- What investment projects, targeted at the development of domestic productions and Kazakhstani companies, are implemented by your company today?
Lyazzat Kiinov, Chief Executive Officer of JSC National Company KazMunayGas
1. The oil and gas companies pay much attention to scientific, technical and Innovative development since this serves as the guarantee for their dynamism and competitiveness. Therefore, until 2016 JSC National Company KazMunayGas is planning to invest about $312 million in innovative projects and research and development.
In order to ensure the innovative development of the oil and gas industry we have developed an innovative technological program for the company with the purpose to create conditions for a wide use of resource-saving, environmentally safe industrial technologies. This will help increase the oil conversion ratio and product line, improve the quality of products to the international standards level, ensure the growth of reserves and oil production in the fields, increase production volumes and decrease costs. It is important to mention that today in cooperation with research and development departments nearly all foreign oil and gas corporations are working on modeling the fields and studying the zones of interest.
The preliminary estimates indicate that additional income of KazMunayGas, generated by innovations, will reach about $3 billion; at the same time, the growth of labor productivity in the company will reach $149 thousand. Thus, by 2020 given the labor productivity at 521 thousand US dollars one third will be ensured thanks to innovations.
In order to build an innovative infrastructure in 2011–2015 JSC National Company KazMunayGas is planning to allocate about 43 billion tenge that will be spent on construction of the KIOG Scientific Research Center facilities as well as the Institute of information technologies and Oil and Gas engineering under KBTU at the Park of Innovative Technologies FEZ territory.
2. JSC National Company KazMunayGas is actively working on projects of rebuilding and modernization of Kazakhstani oil refineries. The major phase of modernization of these plants will take place in 2012–2015. The implementation of these projects will let us raise the average complexity index to the world indicator of 10.2, lead the oil conversion ratio to 90 % and quality of engine oil to Euro-5. Today, the respective indicators are 4.67, 63 % and Euro-2. The implementation of this task, set by the President of RK, on modernization of oil refineries will allow ensuring a total supply to the internal market by domestic high-quality oil products by 2016.
Another project, implemented by KazMunayGas under AIID state program, is the construction of an asphalt cement producing plant in Aktau that will annually produce at least 400 thousand tons of high quality bitumen. The plant output is planned to be used for the construction and exploitation of the Western Europe – Western China international transport corridor. This highway will not only connect Europe and Asia but also will strategically strengthen Kazakhstan and give impulse for the development of regions in the republic.
KazMunayGas conducts targeted work and strives to make its contribution in the expansion of Kazakhstani content. According to preliminary estimates, last year the share of local content in the purchase of goods reached 38 % and for services this figure was 60 %. By 2015 we are planning to lead these indicators to 60 % and 90 % respectively. Today, the total amount of long term contract, signed and planned to be signed in the near future with Kazakhstani producers of goods, reaches about 78 billion tenge. These funds will let them run modernization of their plants and raise the competitiveness of products as well as create 1,635 new jobs by 2016.
