Kazakhstan Considers Developing Underground Oil Storage Facilities
Summary
The issue of establishing underground crude oil storage facilities has been under discussion in Kazakhstan since 2020.
Prepared by the newsroom with AI assistance; the original link is always provided
The question of creating strategic underground oil storage facilities has been actively discussed in Kazakhstan since 2020. Industry experts emphasize the role of such infrastructure in securing operational flexibility.
Currently, oil storage capacities at domestic extraction fields remain limited and are designed strictly for operational requirements. The existing infrastructure can typically hold crude reserves for only two to three days or a few days of output.
Source: Егемен Қазақстан
Read the original →Latest news
Bank CenterCredit Repurchases Shares for 18.2B Tenge on KASE
Bank CenterCredit JSC has repurchased 4.1 million of its common shares on the Kazakhstan Stock Exchange for 18.2 billion tenge.
Source: KASE
Home Credit Bank Bonds Added to KASE T+ List
Starting October 8, Home Credit Bank bonds (KZQ000001213, HCBNe1) will be included in the KASE T+ List.
Source: KASE
KASE Publishes Member Activity Rankings for September 2026
Kazakhstan Stock Exchange has released its exchange member activity rankings for September 2026 on its official website.
Source: KASE
KASE Index rises 0.25% to 7,862.81 points
On October 7, the KASE Index climbed by 0.25% to settle at 7,862.81 points.
Source: KASE