Kazakhstan: Risks and opportunities in a changing energy landscape
Kazakhstan is a country rich in natural resources. This special report addresses some of the challenges and opportunities facing investors in the country’s energy sector.
The latest of our series of special reports, Kazakhstan: Risks and opportunities in a changing energy landscape, addresses some of the challenges facing investors in Kazakhstan’s energy sector.
Kazakhstan is rich in natural resources, including oil and gas, and the country can also boast a vast and almost untapped potential for renewables such as wind and solar power. Although lower oil prices represent a setback for Kazakhstan’s economy, the country’s production of both oil and gas is increasing as a result of large field developments.
President Nursultan Nazarbayev wants Kazakhstan to be one of the world’s top 30 developed countries by 2050 and has vowed to push through reforms to tackle corruption and strengthen the rule of law. However, regulatory, economic and political uncertainties represent risks for potential investors.
Table of contents
Managing expectations in Kazakhstan’s new era
Economic outlook hinges on oil and reforms
Unleashing Kazakhstan’s gas potential
Kazakhstan: gas in figures
Growth in Kazakh oil output set to continue
Kashagan field ramps up oil and gas production
Tengiz to increase production beyond 2022
Karachaganak commits to 20 years of gas exports
Power sector needs cash to wean itself off coal
Renewables: ambitious targets but slow progress
Coal output may decline despite recent gains
Tables, maps and charts
This report includes 27 charts, maps and tables including: