Kazakhstan unveils $15B petrochemistry projects

Kazakhstan unveils B petrochemistry projects

Shorouk Express Kazakhstan unveils $15B petrochemistry projects

ASTANA, Kazakhstan, October 3. Kazakhstan is
transforming its oil and gas industry into a high-tech cluster with
a focus on deeper processing and value-added production, Prime
Minister Olzhas Bektenov said at the KAZENERGY forum in Astana,
Trend reports.

“The oil and gas sector in Kazakhstan today is a high-tech
cluster with a focus on transitioning from an export-based model to
a comprehensive system, the future of Kazakhstan in the
technological process, and we already have some good results,”
Bektenov stated.

He highlighted the commissioning of a polypropylene plant with a
capacity of 500,000 tons and the ongoing implementation of a
polyethylene project with a 1.25 million ton capacity. “This will
make Kazakhstan the biggest producer of polymers in Central Asia,”
he noted, adding that projects for butadiene and carbamide
production are also underway.

According to the Prime Minister, by 2030 Kazakhstan plans to
implement six large projects worth more than $15 billion, which
will significantly boost petrochemical output and create tens of
thousands of new jobs.

Bektenov also pointed to ongoing refinery upgrades and gas
processing projects. “Shymkent refinery increased its capacity to
12 million tons. In gas processing, we are implementing key
projects such as a gas plant in Zhanaozen, a gas processing system
at Kashagan, and a gas separation system at Tengiz,” he said.

The government is also expanding gas infrastructure to support
industrial development. “The second pipeline of the near-border
Shymkent will enhance the gasification of the regions and will
create new opportunities for the industrial development,” Bektenov
added.

Turning to clean energy, the Prime Minister underlined
Kazakhstan’s cooperation with major international partners.
“Together with international partners such as TotalEnergies,
Masdar, Energy China, and China Power, we are implementing
renewables projects with a total capacity of above 4 GW,” he
said.

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