Kazakh Energy Ministry: privatization of refineries in Kazakhstan is possible only after their upgrade

The Kazakhstani Energy Minister Kanat Bozumbayev believes that the privatization of three major Kazakh oil refineries is only possible after the completion of their modernization projects.

"My answer is: yes, privatization is possible, but, the Ministry believes, it must be carried out after the modernization," - said Bozumbayev at the reporting meeting with the population.

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