This in-depth Investment Climate and Market Structure report, published in 2013, was prepared by the Energy Charter Secretariat in close cooperation with the National Company KazMunayGas of Kazakhstan. The policy conclusions of the report note that Kazakhstan has considerably improved its business climate over the past several years and that these actions resulted in a significant inflow of foreign direct investments. The report underlines that Kazakhstan has significantly upgraded the oil and gas pipelines network throughout the region to promote international trade and cooperation in the energy sector.
One of the main findings of the report highlights that reducing energy intensity constitutes another key priority for Kazakhstan. This requires technological modernisation, reinforcement of consumption monitoring, education and public awareness regarding energy efficiency programmes, appropriate tariff policies and further commercialisation of utilities.
The report contains up-to-date information on Kazakhstan's investment legislation, key economic statistics and data for various segments of the energy sector, including ongoing infrastructure development projects.
The Energy Charter Investment Group discussed the Kazakhstan review in September 2012. The Group agreed upon a number of policy conclusions and recommendations, which were subsequently adopted by the Energy Charter Conference in November 2012.