Kazakhstan's strategy targets oil refining sector expansion with billions in investment

Oct 3, 2025 - 13:00
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Kazakhstan's strategy targets oil refining sector expansion with billions in investment
Kazakhstan unveiled a new Concept for the Development of the Oil Refining Industry until 2040, aiming to double refining capacity and attract $15–19 billion in investments. The plan focuses on high-tech refineries, flexible petrochemical production, reduced emissions, and expanding exports to fast-growing markets.