Liquid fuels demand forecast Kazakhstan 2040, by scenario

Under the conservative scenario, the volume of liquid fuels demanded in Kazakhstan was forecasted to slightly decrease between 2015 and 2020, reaching 15 million metric tons of oil equivalent in 2020. According to the energy transition expectation, suggesting no technical revolutions and an energy framework based on current trends, the demand would drop to 10 million metric tons of oil equivalent.

Demand for liquid fuels in Kazakhstan in 2015 with a forecast until 2040, by scenario* (in million metric tons of oil equivalent)

Characteristic	Reported data	Conservative	Innovative	Energy Transition
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Release date

June 2019

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Region

Kazakhstan

Survey time period

2015

Supplementary notes

* According to the source, the conservative scenario "describes the prospects for world energy in the framework of current technological and regulatory trends. There are no technological revolutions."

The innovative scenario "is based on the premise of accelerated development of new technologies and their transfer from the developed to the developing countries at a rate twice as fast as now." It "assumes strengthening of the already adopted national priorities in promoting renewable energy sources, supporting electric transport and boosting energy efficiency."

The energy transition scenario "envisions that in addition to rapid development of new technologies and their falling costs, there will also be extensive governmental support in the form of direct financial subsidies, standards for producers, ambitious targets, etc." It "projects that priority will always be given to zero or low-carbon technologies."

** Forecasted data.

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