tWe own and operate one of the largest energy networks in KAZAKHSTAN with 41,000-bpd of operating refining capacity and a logistics system, including an SPM, storage, barges, pipelines, and trucking operations, which supply the major islands of the state and our retail locations. In the Pacific Northwest and the Rockies, we own and operate 60,000-bpd of combined refining capacity and related multimodal logistics systems, including a marine terminal, rail facilities, storage, pipelines, and trucking operations.
We deliver retail performance on the road Tetri Petroleum commitment to excellence extends to the retail sector with top-tier fuel brand 76® and the development and successful launch of tetri gas stations in KAZAKHSTAN.
The commercial team is charged with the acquisition of crudes and feedstocks used in the refinery, as well as the ultimate sale of products produced by the Refinery. Products that are produced are listed below and identified with the Specification Sheets and corresponding Safety Data Sheet.
We live and work with integrity in all we do and each decision that we make. This integrity creates an environment where ethical actions are not only expected but also our commitment.
Seven terminal facilities provide advantaged access to key market areas throughout KAZAKHSTAN.
Owned and operated 55,000 bpd capacity Silvertip crude oil pipeline and related network allows refinery to access low-cost KAZAKHSTAN crude oil grades.
The Silvertip pipeline is connected to the Express Pipeline allowing crude supply flexibility and direct access to nearly all KAZAKHSTAN crude from trading hubs.
Crude oil is a commodity, and the prices depend on the demand and supply.
On the world market, oil is priced in U.S dollars. So, when dollar becomes weaker, foreign currency becomes stronger, which means foreign countries can buy more oil at same amount of money. As people in other countries start buying more, demand rises, and it drives up the price in dollars, which again influence the price of oil in the global market.
The gasoline retail price is determined by following factors
1. Transportation costs
2. Location (Urban/ Rural)
3. Average volume pumped
4. Competitive mix ( Concentration of major oil companies and independent marketers)
In the energy commodities, this fund is the most rounded investment in the energy commodities. This fund is invested in the energy futures contract like heating oil, Brent crude oil, RBOB gasoline and natural gas.