The impact of diversification of the oil and gas complex on the national economy of Kazakhstan

Abstract

Diversification of the oil and gas complex of Kazakhstan is aimed not only at the development and development of oil and gas fields, but also at the further development of the manufacturing industry, in particular, at the construction of new and modernization of existing oil refining capacities. The article presents the results of analytical and research work to determine the effects of diversification on the national economy of Kazakhstan in the case of the construction of a new oil refinery and the modernization of existing production. At the stage of construction of oil refineries, indirect effects for the country's economy mainly appear, as a share of Kazakhstani content. In addition, the activities of the oil refining sector have a multiplier effect on the inter-industry balance in the structure of the national economy. The results of previously conducted studies are presented with an emphasis on multiplier effects, in which economic development takes place in other industries that are most interconnected with the petroleum products production sector. The purpose of the study is to reveal the economic effects for the economy of Kazakhstan when expanding production of oil refining products with added value.