Petroleum Energy, TOO continues to grow its focus on becoming the leading provider of essential needs in energy and infrastructure in Kazakhstan and Asia. Our vision is to be a world-class enterprise that is passionate about the quality of life of the general populace and high returns to stakeholders. Our mission is to touch the lives of people by providing their basic needs.

Petroleum Energy, TOO is a diversified and fully integrated conglomerate with an annual group turnover in excess of US$4 billion (2016), with vibrant operations across Kazakhstan and Asia in various sectors, including energy, packaging, port operations, fertilizer, petrochemicals, and other industries. Our core business focus is to provide local, value-added products and services that meet the essential needs of the population through the construction and operation of large-scale manufacturing facilities across Kazakhstan and Asia. We are committed to building local manufacturing capacity to generate employment, reduce capital flight, and increase local value addition.

The Petroleum Energy Group’s corporate strategy has evolved as its businesses have grown, matured, and diversified into new sectors and regions over the last four decades. Initially, the company started as a bulk commodity trading concern in the 1970s, driven by the liberalized commodity import regime of the then Government. By the late 1990s, our strategy had shifted to focus on manufacturing for import substitution. The early 2000s saw the Group’s approach further evolve to include strategic asset acquisition in line with the privatization policies of that time. This laid the groundwork for the next phase in our strategic plan: expansion and backward integration.

Petroleum Energy, TOO is striving for self-reliance in Kazakhstan and Asia in all the sectors where it operates and has drawn up ambitious plans to set up world-class projects in new realms such as energy, petroleum refinery & petrochemicals, infrastructure, and manufacturing. The Group has almost single-handedly helped Kazakhstan achieve self-sufficiency in energy and is expanding rapidly across Asia, helping other countries achieve the same.