Kazakhstan Faces 2030 Refinery Feedstock Shortfall Due to Upstream Profitability Collapse

PravdaReport ·
Economy Trade Kazakhstan

Kazakhstan faces a potential shortfall in crude oil feedstock for its refineries within the next three years, with the critical window projected for 2030-2031. Expert Asker Ismailov identifies the primary risk as declining profitability at mature oil fields. Because domestic crude prices are regulated independently of global benchmarks, the cost of extraction may soon exceed revenue, prompting…

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