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Genesis Oil & Gas Consultants Limited (Genesis) has officially signed a contract with Samruk-Kazyna Ondeu LLP to deliver a pre-feasibility study for a proposed 10 million tonnes per annum (MTPA) oil refinery in Kazakhstan.
Abu Dhabi Future Energy Company (Masdar) has officially commenced construction on a landmark 1-gigawatt (GW) wind farm in Kazakhstan's southern Zhambyl region, marking the company’s inaugural renewable energy asset in the country.
The $1.4 billion development ranks as one of the largest integrated wind generation and battery storage installations in Central Asia. To mitigate the intermittency of wind generation and secure immediate grid stabilization, the installation will couple its 1 GW wind capacity with a high-capacity 600-megawatt-hour (MWh) Battery Energy Storage System (BESS).
The Downstream Central Asia & Caspian Summit is the region’s premier annual gathering for the refining and petrochemical industries, connecting decision-makers, investors, technology providers and government stakeholders to discuss the projects, investments and innovations driving the future of downstream development across Central Asia and the Caspian region.
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.
Construction of a massive, joint Kazakhstan-China 300 MW solar power plant equipped with an integrated energy storage system has entered its active implementation phase in the Turkestan Region. Regional authorities confirmed that the first batch of pile foundations has been successfully completed, transitioning the US$307 million project out of the preparatory stage.
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.