Our Purpose & Values
FZCO Oil Refinery is a reliable oil and gas company.
We are focused on creating sustainable value for all stakeholders by safeguarding our business through seamless integration across all disciplines.
Our Purpose
Our purpose is to create sustainable value for all stakeholders by safeguarding our business through seamless integration across all disciplines.
Our Values
We act with integrity and reliability, take our corporate, social, and environmental responsibilities seriously, and are dedicated to protecting the health, safety, and wellbeing of our employees.
Our Vision
We create profitable and material value within Kazakhstan’s commercial oil and gas supplies, supporting the transition to a cleaner energy mix.
Our Mixed-Asset Energy Strategy
We evaluate and invest in upstream and midstream opportunities, focusing on those offering the most attractive risk-reward balance. This includes processing third-party hydrocarbons through our world-class infrastructure and scaling our own production. The acquisition of subsoil use rights to the Stepnoy Leopard fields—our second upstream asset—demonstrates our commitment to diversifying and strengthening our upstream portfolio.
Our key strengths
- Strategically Positioned
Well positioned to develop regional resources, with multiple transportation routes to market and full control of liquids transportation logistics. FZCO’s existing 4.2 bcma dry gas processing infrastructure is a game-changer, enabling participation in Kazakhstan’s transition to a cleaner energy strategy while strengthening national energy security. - A mixed-asset energy company
Offers a competitive midstream platform supporting both proprietary and third-party upstream raw gas production.
High-quality local input - Constantly improving ESG performance
- Social: Responsible operations
Safety is a personal and shared responsibility. Everybody working at or visiting our facilities has a right to return home safely and to perform their duties under safe working conditions.
A significant number of our contractors and suppliers are local Kazakhstan entities, meaning that we support the local economy. This also means that we are well positioned to maintain operations if access to Kazakhstan is restricted.
What we do

Value we create
Kazakhstan’s Energy Sector
FZCO Oil Refinery is a major supplier of commercial processed oil and gas in the astana region of Kazakhstan for domestic and export markets. Aiming to be the preferred partner of choice for handling and processing third-party gas in Kazakhstan.
Workforce
We are one of the leading employers in north-central Kazakhstan and hold a critical enabler for the future development of otherwise stranded natural resources.
Local communities
FZCO Oil Refinery operates alongside local communities in Kazakhstan and is committed to fostering strong community engagement while supporting sustainable long-term development in the regions surrounding our operations.
Suppliers, contractors and customers
We are dedicated to fostering long-term, sustainable partnerships with our suppliers, contractors, and customers.
