Kazakhstan Chamber of Commerce in the USA


Kazakhstan may stop importing oil products

Posted on February 05, 2016 by KazCham

Colibri Law Firm BI@colibrilaw.com

The President of Kazakhstan Nursultan Nazarbayev, speaking on 29 January at the XVII Extraordinary Congress of the Nur Otan Party, has announced the aim to fully meet the internal market’s demand for domestic oil products, including gasoline, diesel fuel, jet fuel and gas, by 2018.

Nazarbayev also said that oil production volumes in Kazakhstan will reach 92 million tonnes per year by 2021, with the figure currently standing at 79.5 million tonnes in 2015.

Kazakhstan has three major oil refineries – Atyrau, Shymkent and Pavlodar. All three plants are being modernized, which will provide the country’s domestic market with its own fuel and lubricants.


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