Kazakhstan's Local Content in Mining Procurement Reaches 65%

@МЭ РК
Currently, Kazakhstan's subsoil use sector operates under 321 contracts for hydrocarbon exploration and production, alongside 36 coal mining contracts. The effectiveness of resource management is evidenced by the results of the 2025 auctions, which saw the sale of six subsoil plots. These transactions generated a total signing bonus of 1.2 billion tenge and initial geological exploration investments amounting to $45.5 million.
A key strategic focus remains on increasing local content. By the end of 2025, the share of in-country value in procurement by subsoil users rose to 65%, equivalent to 3 trillion tenge in monetary terms. For comparison, this figure stood at 61.9% in 2024.
Significant potential for further localization has been identified across 19 product groups, which account for 80% of the long-term demand from major operators. As part of this strategy, between 2022 and 2025, Kazakhstan signed 25 agreements with international investors. This collaboration has successfully led to the localization of nine high-tech equipment manufacturing facilities.
The localized production includes equipment from globally recognized brands such as Honeywell, PetrolValves, WIKA, and Schlumberger. Efforts are ongoing to establish new localized productions in partnership with other leading global manufacturers whose original equipment is highly sought after in the oil and gas industry.
The list of companies involved in these new localization projects includes Chemelex (USA), John Crane (USA), Hi Air Korea (South Korea), Baker Hughes (USA), KazWell Systems (Kazakhstan/Brazil), Terranova Srl (Italy), Swagelok (USA), SLB (USA), and Siemens (Germany).
Source: www.gov.kz