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The energy industry in Kazakhstan

Kazakhstan has significant oil, gas, coal and uranium reserves and as a result has a strong mining and oil and gas sector. As well as coal mining, it is also as well the largest producer and exporter of uranium ore in the world. The oil industry is overseen by the state owned KazMunayGas and focused around three large refineries; Atyrau, Shymkent and Pavlodar and recent investment from the government has been focused on increasing their output. They also have large natural gas industry which is based in the west of Kazakhstan but their reliance on a poor network of pipelines means that they still have to import natural gas from neighbouring countries. When it comes to Uranium mining, the country produces 41% of the world’s supply and there are 17 mine projects in the country, offering a wide range of employment opportunities.

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