Kazakhstan is launching a major industrial push into the downstream sector, with six coal-to-chemicals projects currently underway or under evaluation. The Ministry of Energy announced the strategy as part of a broader national effort to maximize the economic value of the country's rapidly expanding coal sector and utilize its vast domestic reserves for higher-margin manufacturing.
On the directive of President Kassym-Jomart Tokayev, Kazakhstan has commenced pre-project work for the construction of a new, large-scale oil refining complex designed to handle up to 10 million tons of crude oil annually.
For the first time, the Downstream Central Asia and Caspian Summit will be co-located with the inaugural Go Net Zero Energy Summit on 8 September at the same venue, bringing together downstream stakeholders from across the Caspian and Central Asia regions under one roof.