Kazakhstan is a huge land mass, double that of Ukraine and second only to the Russian Federation in size. However, the industrial gas business is relatively small as a result of the slow development following the breakup of the Soviet Union in 1990 and the typical supply structure that existed before then.
Kazakhstan is not only a large geographical land mass but the country has a vast reserve of natural resources such as oil, natural gas and minerals. Not surprisingly, the country is by far the largest market for industrial gases in the region, accounting for over 50% of the value of the business in Central Asia and is set to grow strongly.
Report Data: 2016