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Kazakhstan cuts oil exports by 21.5% amid production decline

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Kazakhstan cuts oil exports by 21.5% amid production decline

Kazakhstan reduced its oil exports to 15.3 million tonnes in January-March, a 21.5% decrease. The reduction follows a decline in oil and gas condensate production to 19.7 million tonnes. The cuts occur even as global demand for energy remains high.

Oil Export Reduction

Kazakhstan's oil exports fell to 15.3 million tonnes in the first quarter of the year, marking a 21.5% decrease compared to the same period in 2025, according to Energy Minister Yerlan Akkenshenov. This reduction aligns with a broader decrease in the country's oil production. The decline in exports comes as Kazakhstan navigates fluctuating global energy markets.

Production Decline

The production of oil and gas condensate in Kazakhstan reached 19.7 million tonnes in the reported period, representing 80.2% of the previous year's output. This drop in production is a significant factor in the reduced export figures. The Ministry of Energy is monitoring the situation closely as it impacts both domestic and international energy supply chains.

Russian Suspension of Kazakh Oil Transit

Russia has suspended deliveries of Kazakh crude to the PCK refinery in eastern Germany, a facility where Kazakh oil previously accounted for about 20% of production. The suspension occurs amid rising oil prices and follows Germany's cessation of direct Russian oil imports over three years ago.

Russia Halts Kazakh Oil Transit to Germany

Russia will stop the transit of Kazakhstan's oil supplies to Germany via the Druzhba pipeline. The move threatens alternative supply arrangements that Berlin established after reducing its reliance on Russian crude, raising concerns over Europe's energy security.

What's Next

The Kazakh government is expected to review its energy strategy in the coming months. It remains unclear how these production cuts will affect Kazakhstan's long-term economic plans.

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Kazakhstan cuts oil exports by 21.5% amid production decline