- Since 1993, TCO has spent over $51.4 billion on Kazakhstani goods and services.
- TCO's In-Country Value Development Program focuses on localizing products like valves, electrical equipment, and chemicals.
- By August 2025, TCO's Kazakhstani Content in goods reached 9%, equating to $24 million out of a $270 million total spend.
- In 2024, TCO qualified 16 Kazakhstani manufacturers for its Approved Manufacturers List.
Program Overview
Tengizchevroil (TCO) has launched an In-Country Value Development Program in collaboration with Kazakhstan's Ministry of Energy. This initiative aims to enhance Kazakhstani Content (KC) over the next five years, focusing on local manufacturing and supplier qualification.
Investment and Localization
Since 1993, TCO has invested over $51.4 billion in Kazakhstani goods and services. The program targets key product categories such as valves, electrical equipment, instrumentation, piping, HVAC systems, chemicals, oils, paints, pumps, insulation materials, and fasteners.
Supplier Development
TCO's Supplier Development Program aids local manufacturers in meeting technical standards through site visits and audits. By 2024, 16 Kazakhstani manufacturers were qualified for TCO's Approved Manufacturers List.
Progress and Goals
As of August 2025, TCO's KC in goods reached 9%, translating to $24 million out of a $270 million total spend. The company has developed a five-year roadmap to further increase this percentage, integrating key performance indicators into departmental targets.
Tender Mechanisms
TCO has introduced Kazakhstani Tender and KC Tolerance Mechanisms to favor local suppliers in bid evaluations. For high-value goods, long-term contracts are used to secure critical equipment and support local industry growth.
Community Support
TCO supports small local entrepreneurs through the “Tandau” interest-free microfinance initiative in the Zhylyoi region, with 44 businesses funded in 2024.
