Kazakhstan energy report

• The 2050 Strategy targets a 50% share of clean 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 holds stakes.
• Kazakhstan has abundant energy reserves. It holds more than 10% of the world's uranium resources and is the largest producer.
• Oil production has been slightly decreasing since 2013.
• Energy prices were strongly increased in 2011.
• Energy consumption is almost entirely covered from fossil energy sources (99%).
• 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

  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 (9^th largest coal reserves in the world, end of 2019). About 70% of the Kazakhstani oil potential is located in the west of the country, particularly in the Caspian Sea (Kashagan).

• Energy Prices

  Gas:

  Gas prices for households remained relatively stable between 2012 and 2014 before decreasing strongly to US$0.4/kWh in 2016. However, they rose to US$0.46/kWh in 2018.

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

  

• Energy Consumption

  Per capita consumption is about 4.8 toe, and around 4 200 kWh of electricity.

  Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

  

• Issues & Prospects

  Oil:

  Kazakhstan's oil potential has recently gained international prominence. The country's main objective is to intensify exploration and production, as well as exports.

• 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 (2019, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2019%)
• 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 (2019, %)
• GRAPH 10: Final consumption market share by sector (2019, %)

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.