Articles by Farkhat Abytov

Kazakhstan’s Oil and Gas Industry: Prospects, Trends, Look into Future

The oil and gas industry has been a cornerstone of Kazakhstan’s economy for the past 30 years of its independence. In 2022 alone, the sector contributed nearly nine trillion tenge ($18.9 billion) to the National Fund and state and local budgets. This substantial financial injection supports three critical areas: social assistance and security, healthcare, and…