In Kazakhstan, the push for local content in oil and gas projects has been gaining traction, with the government making it a priority to support the country's industries. In a recent statement, Energy Minister, Nurlan Smailov emphasized the importance of increasing local content in significant oil and gas projects to help drive the growth of the economy. He encouraged companies to invest in the development of local talent and resources, as well as establishing partnerships with local companies to help drive innovation and competitiveness in the sector.
1. The government of Kazakhstan is prioritizing the support of local industries and increasing local content in oil and gas projects.
2. Energy Minister Nurlan Smailov emphasizes the importance of developing local talent and resources to drive economic growth.
3. Smailov encourages companies to establish partnerships with local companies to drive innovation and competitiveness in the sector.
4. The involvement of domestic companies and workforce is a priority to create more job opportunities and boost core industries.
5. Smailov emphasizes the importance of technology transfer and knowledge sharing with international partners to enhance the capabilities of local businesses and strengthen Kazakhstan's position in the global oil and gas market.
The Kazakhstan government aims to reach a target of 90% local content in oil and gas projects by 2025.
the development and utilization of local skills, expertise, and resources to maximize the economic benefits for Kazakhstan. By prioritizing the involvement of domestic companies and workforce, Smailov aims to create more job opportunities and boost the growth of the country's core industries. He also stressed the importance of technology transfer and knowledge sharing with international partners to foster innovation and enhance the capabilities of local businesses. Through these measures, Smailov believes that Kazakhstan can strengthen its position in the global oil and gas market while fostering sustainable economic growth.