Kazakhstan Looks to Start Up New Refinery by 2033

Market Intelligence Analysis

AI-Powered
Why This Matters

Kazakhstan plans to commission a new refinery by 2033 to eliminate domestic fuel shortages and become a net fuel exporter, with a processing capacity of 10 million tons of crude oil per year.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Major oil producer Kazakhstan plans to commission a new refinery by 2033 to eliminate domestic fuel shortages and become a net fuel exporter, The Caspian Post reports, citing Vice Minister of Energy, Kaiyrkhan Tutkyshbayev. The new refinery, which will be Kazakhstan’s fourth, will have a processing capacity of 10 million tons of crude oil per year. Work on the planning and feasibility studies has started, the energy official was quoted as saying. Earlier this month, Tutkyshbayev said that the central region of Ulytau…

Continue Reading
Full article on OilPrice.com
Read Full Article
Original article published by OilPrice.com on February 17, 2026.
Analysis and insights provided by AnalystMarkets AI.