President Tokayev Hails Oil and Gas Sector as Backbone of Kazakhstan’s Economy

President of Kazakhstan Kassym-Jomart Tokayev has underscored the strategic importance of the oil and gas industry to the national economy during a ceremony at Akorda marking Oil and Gas Workers’ Day.

“Through your dedicated and responsible work, each of you makes a significant contribution to Kazakhstan’s development, embodying the qualities of true professionals. The oil and gas industry of our country is rooted in rich traditions and a long history. Generations of labor dynasties have shaped its growth and prosperity, and today you are carrying forward this legacy with dignity. More than 200,000 people are currently employed in the oil and gas complex. I deeply value your contribution and extend my heartfelt gratitude for your tireless efforts in the service of Kazakhstan,” the president said, The Caspian Post informs via Kazakh media.

As part of the ceremony, President Tokayev awarded state honors to citizens who played a pivotal role in advancing the country’s oil and gas sector.

The address follows recent figures from KazMunayGas, which reported a 9 per cent increase in oil production along with the launch of major new investment projects.