... diversify exports to an extent possible, as well as to secure sustained imports of food and key consumer goods.
Let’s take a closer look at Kazakhstan’s exports. Minerals, primarily crude oil, form the basis of exports. According to the Ministry of Energy of Kazakhstan, oil exports from the Republic in 2021 amounted to 67.6 million tons. Almost 80% of Kazakhstan’s oil is exported through the Caspian Pipeline Consortium (CPC). The consortium connects Kazakhstan’s fields with the port in Novorossiysk, from ...
... of the Russian Federation until 2035
calls for increasing coal exports, primarily to the Asia-Pacific region. The Ministry of Energy’s optimistic scenario suggests an increase in production to 490 million tonnes and an increase in exports to 250 million ... ...
Despite the fact that Russia exports significant volumes of coal, it also imports between 20 and 25 million tonnes annually from Kazakhstan for electricity generation purposes in several cities across the Urals. It is cheaper to import coal from Kazakhstan ...
... mі or 16,7% of the total share.
Coal
. In 2014 Russia ranked 2
nd
in proven coal reserves with 157 010 million tons or 17,6% of the global share. The country produced 170,9 million tons oil equivalent or 4,3% of the total share.
Kazakhstan’s Energy Park
Kazakhstan occupies 2
nd
place among CIS countries;
Oil
. In 2014 Kazakhstan ranked 11
th
in proven oil reserves with 3,9 thousand million tons or 1,8% of the global share. The country produced 1 701 thousand barrels daily and 80,8 million tons of oil ...
