Oil and gas projects worth nearly $15 billion are set to be
launched in Kazakhstan over the next six years. Petrochemical production is
expected to increase fivefold to 1.8 million tonnes. The Kazakh Ministry of
Energy has developed and approved a Roadmap for the Development of the
Petrochemical Industry for 2024–2030. The document covers all stages, from
attracting investments and supplying raw materials for existing and new projects
to producing final products. Additionally, as part of the program, the
necessary infrastructure is planned to be built in the Atyrau region within the
National Industrial Petrochemical Technopark special economic zone.
Furthermore, the Roadmap ultimately aims to ensure domestic market supply and
enhance the scientific base, human capital, and technical and regulatory
documentation, according to the Ministry.