Oil Reserves
Natural gas reserves
The petrochemical industry has a high potential to attract foreign direct investment
The raw orientation
The output of high added value (e.g., new synthetic materials)
Natural, associated petroleum gas and gas condensate deposits - a valuable raw material for gas chemistry
methane
Ethane
propane
Bhutan *Gas from Caspian sea fields contains 9-13% of ethane.
For the profitable development of the petrochemical content of ethane in the gas must be at 8%.
GOVERNMENT SUPPORT*:
Location close to major markets
Forecast for major agroindustrial complex in 2015-2020
Billion USD
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CACR 2015-2020%
Reducing the difference between global supply and demand 2015-2020
Billion USD
Countries with the greatest increase in productive capacity
Nitrogen
USA
Saudi Arabia
Egypt
Phosphorus
Morocco
China
Saudi Arabia
Potassium
Canada
Russia
Turkmenistan
Prospects of commencing production in Kazakhstan are promising due to the disparity between global demand and supply of nitrogen fertilizers.
The primary markets for fertilizer (Russian Federation and China) are in close proximity to the Republic of Kazakhstan.
The distance from countries experiencing the highest growth in production capacity renders the final export costs from the Republic of Kazakhstan more competitive.
STATE SUPPORT:
Maintenance with raw materials of strategically important investment projects
Important: the investment project must be included in the list of investment projects for the production of petrochemicals of the Ministry of energy of Kazakhstan***
1. The law of RK "On gas and gas supply"
2. The order of the Minister of energy of the Republic of Kazakhstan from December 15, 2014 № 209 "On approval of Rules for determining the maximum wholesale prices of sales of commercial gas in the domestic market of the Republic of Kazakhstan and the marginal prices of liquefied petroleum gas sold in the plan of supply of liquefied petroleum gas on the domestic market of the Republic of Kazakhstan out of electronic trading platforms"
3. The order of the Minister of energy of the Republic of Kazakhstan dated April 29, 2020 No. 165 "On approval of Rules of forming the list of investment projects on production of petrochemical products"
DOCUMENTS
required for inclusion of the project in the List of investment projects for the production of petrochemical products
Supporting evidence:
Investors, as part of state support, can receive incentives in the form of in-kind grants, customs and tax exemptions, and investment subsidies, provided they sign an investment contract with the Investment Committee of the Ministry of Foreign Affairs.
An alternative mechanism of state support is the establishment of special economic zones.
Within the framework of the special economic zone, investors can acquire land with all necessary infrastructure, along with tax and customs privileges. Government-financed construction of infrastructure can reduce capital and operating costs by 20% and 15%, respectively.
In both cases, there is an opportunity to attract foreign labor force through simplified procedures.
PLANS IN THE FUTURE TO 2030
