Qazaqstan Marine Fuels


The first company in the Republic of Kazakhstan to produce marine fuels with improved environmental performance for use in the emission control zones defined by the International Convention for the Prevention of Pollution from Ships (MARPOL).


More about the company


QMF news

October 15th, 2023

The parent company, as a subsoil user, increased its stake in Qazaqstan Marine Fuels to 76%.

The parent company, as a subsoil user, increased its stake in Qazaqstan Marine Fuels to 76%. As a result, Qazaqstan Marine Fuels has been granted the status of “Oil Supplier” in accordance with the Law of the Republic of Kazakhstan on state regulation of the production and circulation of certain types of petroleum products. Currently, Qazaqstan Marine Fuels, as an oil supplier, has the right to process crude oil from the parent company-subsoil user and other subsoil users, as well as the right to sell marine fuel and fuel oil derived from the obtained raw materials.


September 11th, 2023

Appintment of new general director

Kuzhagaliyev Ilyat Askarovich appointed as the General Director of Qazaqstan Marine Fuels LLP instead of Marat Utarshiev.


January 9th, 2023

QMF becomes a KazMunayGas shareholder

QMF LLP acquired shares of the KazMunayGas LLP during its IPO.


March 9th, 2021

QMF acquired a 25% stake in Aktobe Refinery LLP

Qazaqstan Marine Fuels LLP received the trust management of a 25% stake in Aktobe Refinery LLP specializing in oil refining from Almaz International Trading Company LLP.


December 14th, 2020

Members of “Qazaqstan Marine Fuels” LLP decided to increase the authorized capital

Members of Qazaqstan Marine Fuels LLP made a decision to increase the authorized capital of the company to the amount of 400 million tenge in order to accelerate the program of promoting marine fuel to large-scale markets.


December 11th, 2020

5% stake in Aktobe Refinery LLP

Qazaqstan Marine Fuels received a 5% stake in Aktobe Refinery LLP in trust from individual participants.


November 27th, 2020

Qazaqstan Marine Fuels LLP acquired a stake in Aktobe Refinery LLP

Qazaqstan Marine Fuels LLP acquired a 3% stake in Aktobe Refinery LLP as part of the development strategy of the project for the production of low-sulfur marine fuels in the Republic of Kazakhstan.


November 20th, 2020

QMF announces the completion of the business registration procedure

Qazaqstan Marine Fuels LLP announces the completion of the registration procedure for an enterprise with an authorized capital of 122,500,000 tenge. Registration certificate dated June 05, 2020, was issued by the non-profit JSC “State Corporation “Government for Citizens”.