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Energy in Kazakhstan describes energy and electricity production, consumption and import in Kazakhstan and the politics of Kazakhstan related to energy. Kazakhstan is net energy exporter. Kazakhstan has oil, gas, coal and uranium reserves. Kazakhstan is a leading energy producer in the Commonwealth of Independent States (CIS).
Kazakhstan is the leading country in the world for uranium production volumes with 35% of global production, [50] and it has the world's second biggest uranium reserves after Australia. [ 51 ] Oil and gas
The utilization of nuclear power in Kazakhstan began with Kazakhstan's first nuclear power plant, the BN-350 fast-neutron reactor in Aktau, operating from 1973 to 1999, a Soviet era prototype investment preceding the BN-600 reactor. Since 1999, it has only operated four smaller research reactors and did not have nuclear electricity production ...
The government says a reliable energy supply is needed to supplement renewable sources such as solar and wind power, and, since Kazakhstan is one of the world's biggest uranium producers, nuclear ...
Kazakhstan's goal to achieve the 50% share of alternative and renewable energy in all energy production by 2050 requires significant resources and investments. To that end, Kazakhstan's AIFC launched the Green Finance Centre to develop and promote green finance in the country.
This strategy laid the groundwork for Kazakhstan's commitment to sustainable energy, including the concept adoption for green economy in 2013, which set ambitious targets for the power sector to achieve 50% alternative and renewable energy by 2050, along with plans to integrate 1.5 GWe of nuclear energy by 2030 and 2.0 GWe by 2050.
KazMunaiGas Exploration Production (AO) has its equity listed in form of common shares and global depositary receipts on the Kazakhstan Stock Exchange and the London Stock Exchange, respectively. [8] The company has stakes in LLP Kazgermunai JV, JSC Karazhanbasmunai and PetroKazakhstan Inc.
The two leaders also pledged to strengthen cooperation in clean energy, including wind, solar and nuclear power, with Chinese companies stepping in to help upgrade Kazakhstan's energy grid and ...