Abstract
The Karachaganak Petroleum Operating company plays a key role in West Kazakhstan's economic development. Studies have revealed that KPO presence positively impacts regional employment, infrastructure, and small business growth. In view of this, the investigation focuses on the economic impact of KPO activities and assessing the view toward these impacts by the local population. An online survey was conducted among the people living in West Kazakhstan, with special focus on responses from Uralsk city and surrounding rural areas, accompanied by experts from Karachaganak Petroleum Operating. Both multiple-choice questions and openanswer questions allowed respondents to elaborate with their personal views. Analysis of the responses showed that the majority felt that KPO is responsible for job creation and regional development. However, some participants expressed concerns about environmental hazards and over-reliance on oil revenue. The results show that even though KPO fosters economic growth, diversification and sustainable development are still matters that need to be addressed. It is suggested that KPO gets involved more locally in decision-making, allowing more transparency. Further research must be undertaken to understand long-term regional risks and investigate social effects of oilbased economies.