Kazakhstan’s Oil Refining Ambitions: What the 2025–2040 Strategy Means for Buyers

Introduction: The government’s approval of a transformative refining expansion strategy signals a decade of increasing supply, quality improvements and new export corridors. This article breaks down what international and domestic petroleum buyers should know about the road ahead.

Key topics: Capacity expansion to 40 MT/year; construction of a fourth refinery by 2033; Euro-5 to Euro-6 product roadmap; investment incentives; implications for import-dependent neighbours such as Kyrgyzstan, Tajikistan and Uzbekistan.