Within the framework of the "Oil and Gas Machinery Building Development forum" held in Nursultan, Kazakhstani Content Development specialists of the country's largest taxpayer, Tengizchevroil, spoke about their efforts on import substitution and development of local suppliers. Tengizchevroil LLP (TCO) occupies a leading position among oil and gas operators in terms of the volume of purchased Kazakhstani goods, works and services. The indicator of Kazakhstani Content (KC) in the Tengiz project is steadily growing. In 2021, TCO’s KC spend amounted to $3.6 billion, which is a 15% increase over 2020…
In order to create conditions for import substitution, Tengizchevroil has identified 5 priority items for localization development: shut-off valves, flanges/fittings, pressure vessels, instrumentation and electrical equipment. Also, over 50 types of goods and services have been identified as having a high potential for localization.