The oil refinery in Kara-Balta will be upgraded by August 2026.

Ирэн Орлонская Society
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The oil refinery in Kara-Balta is being modernized by August 2026
Recently, employees of the National Investment Agency, along with representatives from the Ministry of Economy and Commerce and the Kara-Balta City Hall, visited the oil refinery of OsOO "China Petrol Company 'Junda'" to analyze the progress of the modernization.

At the official invitation of the company and the investor, the Chinese Shanxi Coal Chemical Corporation, the delegation was briefed on the stages of the major repairs and modernization of the operating plant.

The modernization of the plant, with a capacity of 800,000 tons per year, represents one of the largest investment projects in the Kyrgyz Republic. The implementation is carried out in accordance with the investment agreement signed between the National Investment Agency and OsOO "Central Asian Energy Company," as well as an additional agreement that anticipates an increase in the investment volume to $193.75 million and the completion of the project by July 31 of this year.

During the visit, participants familiarized themselves with the current construction and installation works and assessed the readiness of the production facilities.

Representatives of government bodies emphasized the importance of this project for the industrial development of the region, increasing the depth of oil processing, creating new jobs, and strengthening the country's energy security.
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