Kazakhstan energy report

• The 2050 Strategy targets a 50% share of non-fossil energies in total energy consumption by 2050.
• State-owned Samruk-Energy is the largest power producer, with around 30% of total production.
• Around 60% of oil production is provided by 3 consortia (TCO, NCOC, and KPO), in which national company KazMunaiGas has stakes.
• Kazakhstan has abundant energy reserves. It holds around 10% of the world's uranium resources and is the largest producer.
• The COVID-19 crisis cut oil and gas production in 2020.
• Energy prices are regulated by the CRNM and have remained stable since 2016.
• Energy consumption is almost entirely covered by fossil energy sources (98%).
• The Strategy 2050 expects power demand to double by 2050.

• Institutions & Energy Policy

  The Ministry of Energy oversees the energy sector. It was created in 2014 following the merger of three Ministries ("Oil and Gas", "Industry and New Technologies" and "Environment and Water Resources"). This supersized Ministry was created to tackle the declining exports to Russia and the stagnant domestic oil production.

• Energy Supply

  Gas:

  Gas marketed production has increased fourfold since 2000. In 2020, gas production decreased by 6.3% to less than 37 bcm. According to KMG, Karachaganak accounted for 46% of the country's gross production in 2020, followed by Tengiz (33%) and Kashagan (21%). Out of total gross production, approximately 40% is pumped back into the reservoirs to maintain pressure.

• Energy Prices

  Gas:

  Gas prices for households remained relatively stable between 2012 and 2015 before decreasing strongly to US$0.4/kWh in 2016. However, they rose to US$0.46/kWh in 2017 and remained stable in 2018.

  Graph: GAS PRICES FOR HOUSEHOLDS (US$c/kWh GCV)

  

• Energy Consumption

  Per capita consumption is about 3.7 toe, and around 4 900 kWh of electricity (2020).

  Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

  

• Issues & Prospects

  Electricity:

  In its Strategy 2050, Kazakhstan expects electricity demand to reach 135 TWh in 2030 and 170 TWh in 2050.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Kazakhstan energy market report graphs:

• GRAPH 1: CO₂-energy emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2020, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2020%)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Electricity prices for industry and households (US$c/kWh)
• GRAPH 7: Gas prices for households (US$c/kWh GCV)
• GRAPH 8: Consumption trends by energy source (Mtoe)
• GRAPH 9: Total consumption market share by energy (2020, %)
• GRAPH 10: Final consumption market share by sector (2020 %)

In the Kazakhstan energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.