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Article: KAZAKHSTAN - Energy Base
- Article from:
- APS Review Downstream Trends
- Article date:
- July 20, 1998
CopyrightCOPYRIGHT 1998 Input Solutions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A country bigger in size than western Europe, Kazakhstan has a vast natural resource base. This is combined with a large industrial base with a history of specialisation in the energy sector, left over from the days of the Soviet Union. The government of President Nursultan Nazarbayev is focusing on developing both in a way that would turn Kazakhstan into one of the main energy producing and exporting countries in the world in the 21st century.
Government efforts to improve the economy and attract investors have been paying off, albeit at relatively slow pace. Of all former east bloc countries, including those of eastern Europe, Kazakhstan is second (after Hungary) ...