Kazakhstan’s Gas Market Outlook: “Potential Supply Deficit Looms”

Kazakhstan’s commercial gas production is expected to peak at 30bcm in 2030. By 2030, Kazakhstan will produce less gas than the domestic market needs. 

New investments are needed in Kazakhstan’s gas industry: (i) the exploration of new fields and their development, (ii) the modernization of the gas transmission system, and (ii) the construction of gas processing facilities – all of which will require large capital and time. The remaining of the gas will be pumped back into the reservoirs (47%) and used for own needs (15%) of the subsoil users. By 2030, raw gas production is projected to reach 87.1bcm, of which only 42bcm will be processed into commercial gas. 

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Kazakhstan Gas Market_07_06_2022_ENG
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