Energy Resource Guide - Oil and Gas - Kazakhstan (2022)

Kazakhstan - Oil & Gas

Take advantage of our market research to plan your expansion into the Kazakhstanoil & gas market. This guide includes information on:

  • Current market needs
  • The competitive landscape,
  • Best prospects for U.S. exporters,
  • Market entry strategies,
  • The regulatory environment,
  • Technical barriers to trade, and more.

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Explore oil and gas export opportunities and the regulatory environment in Kazakhstan.

(Video) Session 6: “Energy and Resource Efficiency”

FAQs

What is the largest energy resource in Kazakhstan? ›

Coal represents around half of Kazakhstan's energy mix (50% in 2018), followed by oil and natural gas (both with 25% shares).

Does Kazakhstan have oil and gas? ›

Kazakhstan has the largest proven oil reserves in the Caspian Sea region. Kazakhstan's crude and condensate output in 2019 was 1.965 million bpd. It increased by 4.8% in 2018 and reached 1.814 million bpd.

Who controls Kazakhstan oil? ›

The leading oil industry is state-owned oil company KazMunayGas. The landmark foreign investment in Kazakh oil industry is the TengizChevroil joint venture, owned 50% by ChevronTexaco, 25% by ExxonMobil, 20% by the Government of Kazakhstan, and 5% by Lukarco of Russia.

How is energy generated in Kazakhstan? ›

Eighty-four percent of Kazakhstan's electricity is generated from fossil fuels, with hydropower accounting for 12 percent and less than two percent generation from solar and wind installations as of 2019. Coal, produced in the northern regions, is used to power more than 70% of the country's electricity generation.

Is Kazakhstan oil rich country? ›

Of the five Central Asian republics that gained independence following the dissolution of the Soviet Union, Kazakhstan is by far the largest and the wealthiest. It spans a territory the size of Western Europe and sits atop colossal reserves of oil, natural gas, uranium and precious metals.

Does Kazakhstan have lots of oil? ›

Kazakhstan holds 30,000,000,000 barrels of proven oil reserves as of 2016, ranking 12th in the world and accounting for about 1.8% of the world's total oil reserves of 1,650,585,140,000 barrels. Kazakhstan has proven reserves equivalent to 252.9 times its annual consumption.

Does the US buy oil from Kazakhstan? ›

U.S. Imports from Kazakhstan of Crude Oil and Petroleum Products (Thousand Barrels)

Where are oil fields in Kazakhstan? ›

Oil fields can be found in six of the fourteen provinces of Kazakhstan. They are the Aktobe, Atyrau, West Kazakhstan, Karaganda, Kyzylorda and Mangystau provinces. About 70% of the hydrocarbon reserves are concentrated in western Kazakhstan.

How many oil refineries are in Kazakhstan? ›

Kazakhstan has 3 oil refineries located in Pavlodar (northern region), Atyrau (western region) and Shymkent (the South) with an estimated total refining capacity currently standing at ~430,000 barrels of oil per day. Output primarily comes from the country's three largest fields, Tengiz, Kashagan and Karachaganak.

Does Kazakhstan import gas from Russia? ›

Kazakhstan therefore relies on gas imports from Russia and Uzbekistan to meet domestic demand: a gas-swapping arrangement between Kazakhstan and Russia entails the replacement of Karachaganak gas, which has historically been supplied to Orenburg for processing, with imports of Central Asian gas to the southern part of ...

Does Kazakhstan export natural gas? ›

Gas Exports

Kazakhstan exports 18% of its natural gas production (268,041 MMcf in 2015).

Who buys Azerbaijan oil? ›

During the reported months the share of oil in the total structure of exports amounted to 50.6 percent. In 2021, Azerbaijan exported 27.1 million tons of oil worth $13.2 billion. The top five countries in terms of oil imports from Azerbaijan were Italy, Israel, Croatia, Germany, and Portugal.

How much oil does Kazakhstan produce per day? ›

Kazakhstan's oil production reached 1.8 thousand barrels daily in 2021, having slightly increased from the previous year.

What kind of renewable energy is produced in Kazakhstan? ›

Kazakhstan is rich in natural resources including coal, oil, natural gas and uranium and has significant renewable potential from wind, solar, hydro and biomass.

What fuel do they use in Kazakhstan? ›

Majority of the households in the western regions of Kazakhstan rely on natural gas due to the developed gas pipeline infrastructure and low gas prices.

What country refines the most oil? ›

The top 10 oil refining countries account for more than 58% of the world's total refinery capacity. The United States is the biggest refiner in the world followed by China, Russia, Japan and India.

Where is the largest oil refinery in the world? ›

Jamnagar Refinery, Reliance Industries – India

The Jamnagar Refinery, commissioned in July 1999, is a private sector crude oil refinery and the largest refinery in the world, with a capacity of 1.24 million barrels of oil per day. It's owned by Reliance Industries Limited and is located in Jamnagar, Gujarat, India.

What is the biggest oil refinery in the world? ›

The Jamnagar Refinery Complex located in the Jamnagar Special Economic Zone (SEZ) is by far the largest oil refinery in on Earth and the de facto petroleum hub of the world.

Who buys Russian oil and gas? ›

The Top Importers of Russian Fossil Fuels

The EU bloc accounted for 61% of Russia's fossil fuel export revenue during the 100-day period. Germany, Italy, and the Netherlands—members of both the EU and NATO—were among the largest importers, with only China surpassing them.

Who is buying Russian oil? ›

China overtook Germany as the largest importer, importing nearly 2 million barrels of discounted Russian oil per day in May—up 55% relative to a year ago. Similarly, Russia surpassed Saudi Arabia as China's largest oil supplier.

How much gas does Kazakhstan export? ›

Exports In 2020, Kazakhstan exported $2.64B in Petroleum Gas, making it the 17th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 3rd most exported product in Kazakhstan.

What are the main exports of Kazakhstan? ›

Kazakhstan has an export-oriented economy, highly dependent on shipments of oil and related products (73% of total exports). In addition to oil, its main export commodities include ferrous metals, copper, aluminum, zinc and uranium. It counts Italy, China, Netherlands, Russia and France as its main export destinations.

Is Azerbaijan running out of oil? ›

Azerbaijan has proven reserves equivalent to 199.8 times its annual consumption. This means that, without Net Exports, there would be about 200 years of oil left (at current consumption levels and excluding unproven reserves).

Does Azerbaijan support Russia? ›

Russia is one of Azerbaijan's main suppliers of arms. "As of today, military and technical cooperation with Russia is measured at $4 billion and it tends to grow further," President Ilham Aliyev said after meeting with Russian President Vladimir Putin in Baku in 2013.

Which country has the most oil? ›

Venezuela

How much of the world's oil is in Kazakhstan? ›

Kazakhstan has estimated 30 billion barrels of oil reserves. With 172 oilfields, Kazakhstan possesses 3% of global oil reserves, putting it among the world's top 15 countries in terms of oil reserves.

What kind of renewable energy is produced in Kazakhstan? ›

Kazakhstan is rich in natural resources including coal, oil, natural gas and uranium and has significant renewable potential from wind, solar, hydro and biomass.

What are Kazakhstan resources? ›

Kazakhstan is very rich in mineral resources. Oil, coal, various ore and non-metallic deposits are the priceless treasure of the republic. Some of these mineral resources make Kazakhstan famous in the world. They include chrome iron ore deposits, polymetallic deposits, copper, tungsten, molybdenum and uranium ores.

What fuel do they use in Kazakhstan? ›

Majority of the households in the western regions of Kazakhstan rely on natural gas due to the developed gas pipeline infrastructure and low gas prices.

What are the main exports of Kazakhstan? ›

Kazakhstan has an export-oriented economy that is highly dependent on shipments of oil and related products (58 percent of total exports). In addition to oil, its main export commodities include natural gas, ferrous metals, copper, aluminum, zinc and uranium.

Videos

1. John Roberts - 'Pipeline Politics: The Caspian and Global Energy Security'
(IIEA)
2. Structure of energy consumption: analysis based o survey of 12,000 households in Kazakhstan
(Eurasian Research Institute)
3. Energy saving is a priority!
(Karachaganak Petroleum Operating B.V.)
4. Energy resources, Fossil Fuels & their reserves, production technologies and consumption trends
(Dr. Engr. Mujahid Ali)
5. Opening Kazakhstan’s oil and gas sector to transparency, participation and accountability - webinar
(Publish What You Pay)
6. Kazakh Oil&Gas new reality and challenges
(KPMG Caspian)

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