Kazakhstan to Triple Fuel Exports by 2040 in $20 Billion Refining Push ...Middle East

Kazakhstan has unveiled an ambitious new energy strategy that will triple its petroleum product exports by 2040, with refined fuel volumes set to hit 39 million tons per year, up from 17 million now, with export share rising to 30% of total output. The sweeping 2025-2040 plan marks a sharp departure from previous government policy, which capped fuel exports at just 10% under a 2024 draft framework. The revised strategy, approved this week by the cabinet, emphasizes downstream development as a top priority, particularly with respect to expanding…

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