Air Liquide plans to invest up to €86 million to acquire hydrogen and nitrogen production units from Atyrau refinery owned by KazMunayGas 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 Nm3 of hydrogen and up to 50 million Nm3 of nitrogen will be produced annually on the site for different production processes, including desulfurization of fuels.
Air Liquide 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. These assets will be connected to Air Liquide’s Smart & Innovative Operations Center in order to optimize their energy consumption as well as their flexibility and reliability.
”We are pleased to reinforce the collaboration we have been building with the market leader KazMunayGas since our entry in Kazakhstan. This new agreement illustrates our continued commitment to providing long-term expertise and innovative environmentally responsible solutions to our customers. With this investment – the most important we have yet announced in the country – to increase energy efficiency and provide reliable supply, we will contribute to the modernization and development of the country’s industry. ”
Francois Jackow, executive vice-president and a member of the executive committee supervising Europe Industries.