• Why is the vegetable oil market growing in Kazakhstan?
  • The vegetable oils market in Kazakhstan is primarily driven by the country`s growing food industry and changing dietary preferences. As consumers become more health-conscious and shift towards healthier cooking oils, the demand for vegetable oils such as sunflower, soybean, and rapeseed oil is increasing.
  • What is the main purpose of a vegetable oil plant in Kazakhstan?
  • The plant¡¯s main purpose ¨C the production of unrefined vegetable oils and meal, was not chosen by chance. Almost 80% of factories of the fat and oil industry in Kazakhstan are specialized in vegetable oil production.
  • How many jobs will a new oil plant create in Kazakhstan?
  • Almost 80% of factories of the fat and oil industry in Kazakhstan are specialized in vegetable oil production. Upon its launch, the plant will create jobs for more than 200 people, ¨C said Altynbek Nuratuly, deputy director of QAZAQ-ASTYQ GROUP LLP.
  • Is Kazakhstan a major oil producer?
  • Kazakhstan is a major oil producer with the second-largest oil reserves and the second-largest oil production among the former Soviet republics after Russia. In 2014, the country’s estimated total petroleum and other liquids production was 1.70 million barrels per day.
  • Why is the production of sunflower oil growing in Kazakhstan?
  • The production of oils, especially sunflower oil, is steadily growing due to investments from the state and businesses. In 2021, a new state-of-the-art oil extraction plant of QAZAQ-ASTYQ GROUP LLP is set to be built in East Kazakhstan Region.
  • How much oil does KMG produce in Kazakhstan?
  • KMG now controls 20 percent of total oil and gas proved reserves of Kazakhstan and produces 27 percent of total oil and gas condensate and 14 percent of gas. [ 13 ] Kazakhstan has three major refineries – Atyrau, [ 14 ] Shymkent and Pavlodar.