- Update
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- Format
- 3 files (PDF report, 2 Excel files)
- Pages
-
62 (Report only)
- Delivery
- Immediate by e-mail
- GENERAL OVERVIEW
- ENERGY AND CLIMATE POLICY FRAMEWORK
- ENERGY COMPANIES
- ENERGY SUPPLY AND DEMAND
- ENERGY USE AND PRICE BY SECTOR
- ISSUES AND PROSPECTS
- STATISTICS
- ABBREVIATIONS
- GLOSSARY
Buy Kazakhstan energy report
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After validation, you will immediately receive 3 files by email (one pdf report and 2 excel files containing the datasets).
Overview
Kazakhstan’s energy sector centres on its vast fossil fuel reserves, with coal dominating electricity generation and hydrocarbons driving exports. Ambitious renewable targets—15% by 2030 and 50% by 2050—are supported by auctions and green hydrogen initiatives. State-owned entities oversee key industries, while privatisation efforts progress slowly. Climate goals include a 15% emissions cut by 2035 and carbon neutrality by 2060.
Get more details on the table of contents and data files, as well as the list of graphs and tables by browsing the tabs below.
Highlights
- The country targets a share of 15% of renewables in the power mix in 2030 and of 50% of renewables and alternative energies by 2050.
- State-owned Samruk-Energy is the largest power producer, with 1/3 of total production. Around 60% of oil production is provided by two companies: TCO and KMG. Kazatomprom is the largest uranium producer with 58% of the production.
- Kazakhstan holds around 15% of the world's uranium resources and is the largest producer. Gas production is stable since 2022 at around 30 Gm3. Most of the power mix is based on coal (61%).
- Buildings absorb around half of final consumption. The price of oil products is very low and gas and electricity prices are regulated.
- A total of 107 exploration & development licences for oil and gas blocks will be relocated or sold.
- Sveving Energy plans to develop 40 GW of solar & wind capacities by 2032 to feed a large hydrogen plant.
Energy & Climate Policy Framework
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 Companies
Oil:
TCO (Tengizchevroil; 50% Chevron, 25% ExxonMobil, 20% KazMunayGas, and 5% Lukoil through LukArco) is the largest oil produce, operating the Tengiz and Korolevskoye fields (recoverable reserves estimated at 26.6 bn barrels across both sites).
Energy Supply & Demand
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 (7th largest coal reserves in the world, end of 2024). About 70% of the Kazakhstani oil potential is located in the west of the country, particularly in the Caspian Sea (Kashagan).
Energy Use and Price by Sector
Energy Prices in Transport:
The price of oil products is very low. In 2024, the price of gasoline rose by 6% to USD0.54/l, after an 11% hike in 2023; it remained broadly stable from 2019 to 2022. The price of diesel increased by 18% in 2022 and has stabilised since then (USD0.65/l in 2024). It was also stable from 2019 to 2021.
Graph: Energy Prices in Transport (Taxes Included)
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.
In its oil development plans, Kazakhstan faces one main issue, which is the country's strong dependence on Russia's infrastructures for its exports.
- Graph 1: Primary Consumption Trends by Energy Source
- Graph 2: Total Consumption Market Share by Energy (2024)
- Graph 3: Installed Electric Capacity by Source
- Graph 4: Installed Electric Capacity by Source (2024)
- Graph 5: Gross Power Production by Source & Consumption
- Graph 6: Power Generation by Source (2024)
- Graph 7: Crude Oil Production & Consumption
- Graph 8: Petroleum Products Production & Consumption
- Graph 9: Gas Production & Consumption
- Graph 10: Coal Production & Consumption
- Graph 11: Emissions of GHG and CO2 from Fuel Combustion
- Graph 12: Final Demand Trends by Energy Source
- Graph 13: Final Consumption by Sector
- Graph 14: Final Consumption Market Share by Sector (2024)
- Graph 15: Final Consumption in Industry by Energy Source
- Graph 16: Energy Prices in Industry (Taxes Included)
- Graph 17: Final Consumption in Transport by Energy Source
- Graph 18: Energy Prices in Transport (Taxes Included)
- Graph 19: Final Consumption in Residential, Services, Agriculture by Energy Source
- Graph 20: Energy Prices in Residential (Taxes Included)
- Graph 21: Upcoming New Capacity by Energy Source
- 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.
The Kazakhstan energy market data since 1990 and up to
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:
- Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
- Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
- Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
- Energy Balance: total and per energy.
- Kazakhstan Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Kazakhstan energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).