Is Kazakhstan at a crossroads in its energy sector?

Kazakhstan, a vast and resource-rich nation in Central Asia, is at a crossroads in its energy sector. With a growing emphasis on sustainability and a need to align with global decarbonization efforts, the country is embarking on a transformative initiative that aims to ensure the security and reliability of its energy supply.

Should Kazakhstan adopt an energy security strategy?

Global trend of tightening carbon regulation presents yet another impetus for broader modernization and systemic reforms of energy sector in Kazakhstan. Kazakhstan should articulate and adopt an official Energy Security Strategy document, guided by these general observations.

Will Kazakhstan's Energy Transition be a model for other countries?

Kazakhstan’s progress on the energy transition can serve as a model for other countries in the region and beyond on advancing a just transition away from fossil fuels–helping to build a more sustainable, resilient economy for all.

Which project will boost Kazakhstan's oil production in 2024-25?

Tengiz: Future Growth Project is main source of Kazakhstan’s incremental oil production during 2024-25. Kashagan: Phase 2 development is likely to lift project output through 2030s, cushioning overall national production decline trajectory.

Will Kazakhstan achieve its INDC conditional emissions target by 2030?

Given its current trajectory, Kazakhstan may not achieve its INDC conditional emissions target by 2030; national GHG emissions may even drift upwards in early 2020s with further economic recovery and higher energy consumption; a more concerted effort is needed to reverse this.

What is Kazakhstan's energy subsidy reform plan?

At the heart of this endeavor is a comprehensive energy subsidy reform package, driven by a partnership between the Government of Kazakhstan and the World Bank, working closely with the private sector.