Editor❜s Note
From raw exports to advanced refining
By July 1 of this year, the Ministry of National Economy, together with other government agencies, must submit proposals to the government regarding tax and customs incentives for projects in the petrochemical industry. Prime Minister Olzhas Bektenov issued this directive following a meeting on gas chemical development held in early May in Astana.
From raw exports to advanced refining. This is a new economic vector, intended simultaneously as a growth driver. The central feature of this issue is a review of new projects in this field and their bottlenecks.
Kazakhstan’s refineries, following modernization, now meet virtually all of the country's domestic fuel demand. Is there a chance for a country to become a major exporter of gasoline and diesel fuel? Another key topic addressed.
July 1 will also mark the launch of natural gas price liberalization. Wholesale prices will increase by an average of 33 percent annually over the next three years. The Petroleum Journal convened a roundtable in Almaty with experts and specialists to discuss the potential impact on the economy and the population.
The current year has been declared the Year of Vocational Occupations in Kazakhstan. Behind every ton of oil extracted and sent for processing stand not only cutting-edge technologies and modern equipment but, above all, the people whose knowledge, professionalism, and experience ensure the continuous operation of the industry. Employees of PetroKazakhstan share their journeys into the profession, their achievements, and their aspirations. A person of labour – it’s a title to wear with pride.
Sincerely,
Oleg Chervinskiy
Publisher