Kazakhstan sets sights on nearly doubling oil refining capacity by 2040

Sep 24, 2025 - 08:00
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Kazakhstan sets sights on nearly doubling oil refining capacity by 2040
Kazakhstan’s Minister of Energy, Yerlan Akkenzhenov, met with KazMunayGas and refinery leaders to fast-track projects expanding oil refining capacity under the new development plan through 2040. The goal is to nearly double refining volumes, deepen hydrocarbon processing, reduce raw-material dependence, and boost production of fuels and petrochemicals for domestic use and export.