With the support of Kazyna Capital Management JSC, it is planned to establish production of arctic diesel fuel in Kazakhstan.

Now the company will be able to reach full production capacity and carry out the modernization of the mini-refinery, which will allow to obtain acute deficit at this moment the "arctic" diesel fuel of high quality with low cost". "This project is a priority. Winter diesel fuel with high low-temperature characteristics, including arctic, which is currently not produced in Kazakhstan and are in high demand. The company, which we financed under the Preferential Financing Program, will produce oil products with high added value.. There will be additional jobs. Therefore, we considered it important to support this project", - said Deputy Chairman of the Board of Kazyna Capital Management JSC asset Sagimbekov. "Oil House "Astana oil" LLP was organized in 1998. The company is located in Stepnogorsk. Principal Activity: production of off-season and winter diesel fuel, wholesale and retail sale of petroleum products. As a domestic producer, the company supplies winter diesel fuel to the Ministry of Defense of Kazakhstan, KazMunayGas Onimderi LLP, Kazzinc JSC, ArselorMittal Temirtau JSC and other major subsoil users. "Since 2007, our company specializes in the production and sale of winter and off-season diesel fuel. Every day we are able to produce and ship up to 1000 tons of oil products by rail. Now, thanks to the financial support of Kazyna Capital Management JSC, we will be able to establish and increase the production of such products that are scarce in our country", said Vladimir Grishchenko, General Director of "Oil House "Astana oil" LLP. The program of concessional financing in capital is launched by Kazyna Capital Management JSC this year and offers an alternative financial instrument to bank lending. Companies from a wide range of industries, including manufacturing, infrastructure projects and agriculture, receive funding under the Program.