ASTANA, Kazakhstan, May 5. Kazakhstan's new oil and gas chemical projects, including urea and ammonia-carbamide complexes in Aktobe region and Aktau city, will be launched in 2029, said Energy Minister of Kazakhstan Yerlan Akkenzhenov at a Government meeting, Trend reports.
According to him, projects for the production of alkylate in 2027, polyethylene terephthalate in 2029, and butadiene in 2028 are also under consideration. These projects are at various stages of preparation, ranging from the development of project documentation to searching for financing mechanisms.
"In order to develop the oil and gas chemical industry in Kazakhstan, a special economic zone has been created, covering more than 3,500 hectares. It includes three key sites – Karabatan, Tengiz, and the Technopark. Large infrastructure projects are being implemented at the Karabatan site. Currently, 18 companies are registered in the SEZ, including producers of polypropylene, polyethylene, synthetic rubber, and plastic products," Akkenshenov said.
The Technopark site is focused on small and medium-sized businesses, producing products based on petrochemical raw materials – polyethylene terephthalate and terephthalic acid.
"As for Tengiz, this site is focused on a gas separation complex, which provides raw materials for one of the largest projects – polyethylene production with an annual ethane volume of 1.6 million tons," he added.
According to the Roadmap for the Development of the Oil and Gas Chemical Industry for 2024–2030, Kazakhstan plans to implement six large investment projects with a total value of about $15 billion. The implementation of these projects will create approximately 3,500 permanent jobs and more than 16,000 temporary jobs during the construction phase. These measures are aimed at comprehensive stimulation of the industry and the development of the regional economy.
