Minister of Energy of the Republic of Kazakhstan Yerlan Akkenzhenov reported at the Government session on the current state of the fuel and energy complex.

He noted that in January–March 2026, oil and gas condensate production amounted to 19.7 million tons, or 80.2% of the level recorded in the same period last year. At the Karachaganak field, work continues on commissioning the 6th raw gas reinjection compressor, which will maintain oil production at 10–11 million tons per year. Negotiations are underway with major subsoil users on measures to increase oil production. Oil exports for the three months totaled 15.3 million tons, or 78.5% compared to the same period in 2025. The forecast for 2026 is 76 million tons. The Minister also added that 13.6 billion cubic meters of gas were produced during the reporting period, or 84.9% of last year’s figure. The forecast for 2026 is 62.7 billion cubic meters.

“To strengthen the long-term resource base of the gas industry and ensure the country’s energy security, the Ministry, together with the Samruk-Kazyna Fund, is implementing a plan for the development of new promising hydrocarbon fields in the country until 2035. According to this plan, the construction of a gas processing plant at Kashagan with a capacity of 1 billion cubic meters is scheduled for completion by the end of this year,” Yerlan Akkenzhenov emphasized.

It was noted that during the reporting period, the production of petroleum products amounted to 3.67 million tons, or 98.9% of the 2025 figure. The forecast for 2026 is 15.5 million tons. At the same time, in line with the instruction of the Head of State given at the expanded Government meeting, measures are being taken to accelerate the implementation of the project to build a new oil refinery with a capacity of 10 million tons.

According to the Ministry, work is also underway to expand the Pavlodar Petrochemical Plant from 5.5 to 9 million tons, the Atyrau Refinery from 6 to 12 million tons, and the Shymkent Refinery from 5.5 to 6.7 million tons. The production of petrochemical products in the first quarter of this year amounted to 134 thousand tons, or 86.1% compared to the same period last year. The Ministry, together with JSC “KazMunayGas” and KPI, is working to increase polypropylene production to 450 thousand tons this year. The forecast for 2026 is 580 thousand tons.

The Minister also reported that 33.7 billion kWh of electricity was generated in the first three months of this year, or 100.6% of the 2025 figure. The forecast for 2026 is 126.5 billion kWh. To reduce the electricity deficit in 2026, it is planned to commission about 2.4 GW of new generation capacity, including:

• Combined-cycle gas plant in Turkistan Region — 1,000 MW;
• Combined-cycle gas plant in Almaty at TPP-2 site — 557 MW;
• Combined-cycle gas plant in Almaty at TPP-3 site — 544 MW;
• Combined-cycle gas plant in Kyzylorda Region — 240 MW;
• Atyrau CHP LLP — commissioning of turbine unit No.11 and boiler No.15 with a capacity of 59.6 MW;
• Tekeli Energy Complex LLP — commissioning of 3 waste heat recovery boilers and a steam turbine with a generator with a capacity of 17 MW.

Electricity generation from renewable energy sources amounted to 2.3 billion kWh, or 115% compared to the same period last year. The forecast for 2026 is 8.8 billion kWh. This year, it is planned to commission 4 wind power facilities, 5 solar power facilities, and 1 hydropower facility with a total capacity of approximately 245 MW.

#Energy #Government session #Ministry of Energy #Oil & Gas

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