1st
uranium producer worldwide
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This analysis includes a comprehensive Kazakhstan energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2021 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
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Highlights
1st
uranium producer worldwide
98%
energy consumption from fossil sources
15%
of renewables in the power mix in 2030
Abstract
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
Resources:
Kazakhstan has abundant energy reserves. They amount to about 4.1 Gt for oil, around 1 800 bcm for gas and 25.6 Gt for coal (8th largest coal reserves in the world, end of 2021). About 70% of the Kazakhstani oil potential is located in the west of the country, particularly in the Caspian Sea (Kashagan).
Energy Prices
Oil:
The price of oil products is quite low and only slightly above the international spot price, especially for diesel. In 2021, the price of gasoline and diesel increased by 8% (US$0.39/l) and 7% (US$0.44/l), respectively, after a decrease between 2017 and 2020 of 6%/year.
Graph: GASOLINE & DIESEL PRICES (US$/l)
Energy Consumption
Per capita consumption is about 3.9 toe and around 4 500 kWh of electricity (2021).
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.
Below is a list of the Kazakhstan energy market report graphs:
In the Kazakhstan energy market report you will find the following tables:
The Kazakhstan energy market data since 1990 and up to 2021 is included in the Excel file accompanying the Kazakhstan country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
The Kazakhstan country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
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