At the end of 2021, the Board of Directors of Tengri Oil approved a new long-term corporate development strategy through 2030. According to the document, Tengri Oil should create a standard for other companies in the global sector in terms of efficiency, manufacturability, and safety. Over the course of more than 10 years of development, Tengri Oil has achieved enormous success, establishing itself as a major player in the global oil and gas market. The company is confident in its capacity to accomplish the Strategy’s targets, which include generating a production volume of 10 million tonnes of oil equivalent by 2025.

due to the modernization of oil refining assets, an increase in refining depth indicators of up to 95 percent and the yield of light oil products of up to 80 percent, as well as the simultaneous provision of proven reserves at a level of 15 years and their 100 percent annual reimbursement, as well as an increase in refining depth indicators of up to 95 percent and the yield of light oil products of up to 80 percent, as well as a simultaneous provision of proven reserves at a level of 15 years and their 100 percent annual reimbursement

At the same time, the industry is confronted with new issues as a result of the high volatility of energy markets, the changing nature of competition in those markets, and the evolution of the energy sector. The company’s strategy required to be changed as a result of these challenges, as well as changes in the size and function of Tengri Oil  in the sector.