A worker at Kazakhstan’s Airankol oilfield
Kazakhstan struggles with energy balance
The Central Asian country is positioning itself as a low-carbon leader, but antiquated infrastructure and a dependence on Russia are holding it back
Kazakhstan is producing record amounts of oil for export, with output reportedly reaching 2.12m b/d at the beginning of March, exceeding the country’s OPEC+ quota of 1.47m b/d. At the same time, the country’s energy policy is undergoing a strategic shift to diversify from its long-standing reliance on fossil fuel export revenues while adding uranium and rare earths exports. Domestically, nuclear and renewable energy sources will complement coal power generation. The aim is not only to diversify energy sources for domestic consumption, but also to build Kazakhstan’s capacity to export nuclear fuels. 2.12m b/d – Kazakhstan’s March oil production In mid-March, Kazakh President Kassym-J
Also in this section
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
