General Information
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General Information
Tabina, LLP is a vertically integrated oil company primarily engaged in exploration and development of oil and gas fields, oil refining, and production and sale of petroleum products. Tabina, LLP is one of the leading companies in the Russian oil industry in terms of efficiency. The company was founded in 2005. The strategic development program of Tabina, LLP until 2020, approved by the Board of Directors, consists of the following: strengthening the Company’s position as a manufacturer of a wide range of petroleum products in the domestic and global markets, becoming a major player in the production and sale of a wide range of oil, creating large plants for the production of basic monomers and a wide range of modern petroleum products.
The first stage of the oil refining and petrochemical complex was put into operation in December 2016. Reaching the design capacity of Tabina, LLP of 7 million tons of oil provided the opportunity to take 10th place in the regions of Kazakhstan in terms of oil refining volume. In 2018, the reconstruction work carried out on CDU-VDU-7 allowed to increase the capacity of this unit to 115%. Thanks to this strategic project. The construction of the combined hydrocracking unit continued until the first design capacity of the first run was reached. The advantage of Hydrocracker is the joint production of group III base lubricants. The application for the commercial unit began in March 2018, for many years the unit was completed in record time for the Russian oil refining industry. The unit is designed for an annual processing of 2.9 million tons. tons of crude mixture and the production of Euro 5 diesel fuel, jet fuel and gas cleaning solution treated by hydrotreating.
boepd average daily production
in oil production revenues in 2022
of operations are in the north Kazakhstan
Production License's in Kazakhstan
In the plans of Tabina, LLP , the management of the companies requires achieving a synergistic effect from the further implementation of the Tabina, LLP project. With the completion of the delayed coke construction, which is scheduled for 2020, Tabina, LLP completely excludes the production of heavy oil products. It plans to use the coke obtained at the delayed coke plant as raw material for the Tabina, LLP station. This is possible from both an economic and an environmental point of view. The double effect will save natural gas for Tabina, LLP and solve the problem of coke handling. At the XIV Oil Summit held in Mangistau region in July 2019, it was decided to include Tabina, LLP in the Kazakhstan energy sector. A strategy developed until 2035 was announced.
Resource base
Tabina, LLP is the largest oil and gas company in the Kazakhstan and the largest public oil and gas company in the world by reserves and production of liquid hydrocarbons. Tabina, LLP proven hydrocarbon reserves as of December 31, 2019, according to SEC classification, amounted to 10 million barrels. oil equivalent (2 million fingers)*. Hydrocarbon reserves increased by 1 million barrels compared to reserves at the end of 2018. (81 million oil equivalent) or 1%. DeGolyer & MacNaughton conducted an audit, which provides for an assessment of reserves until the end of the field development period.
At the end of 2019, the Company was provided with proven hydrocarbon reserves for more than 20 years in accordance with the SEC classification. The classification of proven hydrocarbon reserves in 2019 according to the SEC classification was 129%. Traditionally demonstrating high efficiency of geological exploration,Tabina, LLP is the leader in terms of volume and value of organic reserves growth among state-owned oil and gas companies both in Kazakhstan and abroad.
Extraction of liquid hydrocarbons.
In 2018, the Company’s production amounted to 1 million tons of liquid hydrocarbons (2 million barrels per day), exceeding the average daily production in 2017 by 2.1%. Key growth factors include achieving record production volumes at the Company’s largest asset, RN-Yuganskneftegaz, the launch of new large fields and flexible maneuvering in the development of existing fields in the context of the Company’s fulfillment of production agreements. limitation under the OPEC+ agreement.
After the restrictions were lifted, the Company was able to quickly increase production due to the correct strategic choice of assets and prepared potential for additional production. Due to the use of a technologically optimal regime for managing reserves of swamped and inefficient wells at mature fields in the context of improving market conditions, the Company was able to fully restore production volumes to the OPEC start level. + Agreement (October 2016) and an increase in production at new projects. In December, the Company showed an increase in average daily oil and gas condensate production in the Kazakhstan by 4.7% compared to December 2017.