Kazakhstan is rich in oil resources and is one of the world's leading regions in terms of oil reserves and production. According to official data, Kazakhstan’s raw material reserves in 317 oil fields reach 4.4 billion tons. Balanced oil reserves include 4.4 billion tons of A+B+C1+C2 crude oil, 3.8 trillion cubic meters of natural gas, and 414 million tons of condensate. As the country with the largest oil reserves in Asia, the 9th Kazakhstan Oil and Gas Exhibition was held as scheduled. The exhibition was formerly known as the World Oil and Gas Equipment Expo (WOGE).
From November 28 to November 30, 2023, the 9th Kazakhstan Oil and Gas Exhibition was held in Oil City in Aktau. The mayor of Aktau and the president of the Kazakhstan Oil, Gas and Energy Organizations Association attended and delivered speeches . The exhibition attracted nearly 300 exhibitors. Exhibitors cover China's four major industries including petrochemical equipment, mining machinery, emergency equipment, and environmental protection equipment, as well as Kazakhstan's large local petroleum machinery and equipment companies. The exhibition radiated to the markets of Russia, Turkmenistan, Tajikistan, Kyrgyzstan and other countries, with nearly 3,000 buyers attending the consultation.
Jinxiu Machinery specializes in high-pressure manifold series, and its product quality benchmarks against first-tier international brands. On the first day of the exhibition, it received nearly 30 local petroleum machinery and equipment companies in Kazakhstan who came to inquire about products, and visited Petro Welt Technologies in Akko This branch of Kazakhstan, a local company listed on the Frankfurt Stock Exchange in Germany, is a leader in Kazakhstan's oil hydraulic fracturing technology and supporting services.
In 2023, the Hubei Provincial Department of Commerce issued the slogan of "Thousands of enterprises exhibiting overseas to expand markets". Jinxiu Machinery responded positively and set its first stop in countries along the "Belt and Road" to actively expand the free trade zone market and cooperate with international Enterprise exchanges and cooperation will eventually form a virtuous cycle of "promoting trade through exhibition".
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