PremiumKazakhstan to boost commercial gas production until 2030 (CHART)

Kazakhstan Materials 6 May 2024 18:30 (UTC +04:00)
Kazakhstan to boost commercial gas production until 2030 (CHART)
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, May 6. Kazakhstan plans to increase commercial gas production until 2023, Trend reports, with reference to forecasts of the Ministry of Energy.

Citing forecasts, Kazakhstan expects to produce 28,054 billion cubic meters of commercial gas in 2024. Thus, 27.727 billion cubic meters will come from existing resources and 327 million from projected new projects.

At the same time, in 2030, commercial gas production will be increased to 35.189 billion cubic meters. That is, compared to 2024, commercial gas production will increase by 25.4 percent.

Commercial; gas production forecasts from 2024 to 2030 (billion m3):

Year 2024 2025 2026 2027 2028 2029 2030
Commercial gas production 28.054 29.479 29.401 30.783 31.188 33.760 35.189
Existing fields 27.727 28.991 28.338 29.118 28.471 30.377 31.627
New projects 327 million 488 million 1.063 1.665 2.717 3.383 3.562

Meanwhile, in 2023, gas production in Kazakhstan amounted to 59.063 billion cubic meters, including large fields such as Tengiz (16.009 billion cubic meters), Karachaganak (22.385 billion cubic meters), Kashagan (11.856 billion cubic meters), and others (8.813 billion cubic meters).

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