Air Liquide (AL) increases its presence in Kazakhstan through its 75% owned joint venture Air Liquide Munay Tech Gases (ALMTG). The joint venture will invest up to 86 million euros to acquire hydrogen (H2) and nitrogen (N2) production units from Atyrau refinery owned by KazMunayGas (KMG) and to modernize them.
In the framework of a new long-term agreement, ALMTG will operate these assets to supply industrial gases to the Atyrau refinery. Up to 200 million N㎥ of hydrogen and up to 50 million N㎥ of nitrogen will be produced annually on the site for different production processes, including desulfurization of fuels.
AL will bring its technical know-how, digital, and energy optimization expertise to modernize the assets at Atyrau and improve the overall CO2 footprint of the site.
ALMTG is a respectively 75% and 25% owned joint venture between AL and KMG, the Kazakhstan National Oil & Gas company. For more than 2 years now, ALMTG has been operating H2 and N2 production units for KMG’s refinery of Pavlodar.