The progress of the modernization of the oil refinery in Kara-Balta was checked by officials

Ирина Орлонская Economy
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The progress of the modernization of the oil refinery in Kara-Balta was checked by officials
The progress of the modernization of the oil refinery of the company "China Petrol Company 'Junda'" was inspected in Kara-Balta. The inspection involved representatives from the National Investment Agency, the Ministry of Economy and Commerce, as well as local authorities, including the mayor's office and the Akbashat district administration.

This inspection was initiated by the investor — the Chinese Shaanxi Coal and Chemical Corporation. Officials familiarized themselves with the process of major repairs and updates to the existing production at the plant.

The oil refinery, with a capacity of 800,000 tons per year, is one of the largest investment projects in Kyrgyzstan. The implementation of the project is based on an investment agreement between the National Investment Agency and the LLC "Central Asian Energy Company." An additional agreement increases the investment volume to $193.75 million.

The completion of the modernization is scheduled for July 31, 2026.
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