Economy
Materials
7 May 2025 09:52 (UTC +04:00)
Photo: Ministry of Energy of the Republic of Kazakhstan
Kazakhstan is implementing a long-term strategy to expand and modernize its oil refining industry. Between 2020 and 2024, refining volumes rose from 15.8 to 17.9 million tons, driven by government reforms. A development concept through 2040 outlines increasing capacity to 38 million tons annually by expanding existing plants and building a new refinery. The strategy aims to reduce dependence on crude exports and shift toward deeper hydrocarbon processing.
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