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Kazakhstan greatly reduces natural gas imports from Russia over half-decade

Kazakhstan Materials 20 April 2024 20:29 (UTC +04:00)
Kazakhstan greatly reduces natural gas imports from Russia over half-decade
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, April 20. Kazakhstan imported 6.57 billion cubic meters of natural gas worth $159.9 million from Russia in 2023, Trend reports.

The country's Bureau of National Statistics' data shows that, compared to 2019, the volume of imports decreased by 45.4 percent.

Import dynamics from 2019 through 2023:

Year Volume Cost Difference from 2019
2019 12 billion cubic meters $641.4 million - - - - - - - - - - - - - - -
2020 11.5 billion cubic meters $434.4 million - 4 percent
2021 9.1 billion cubic meters $272.6 million - 23.8 percent
2022 7.2 billion cubic meters $195.2 million - 40 percent
2023 6.5 billion cubic meters $159.9 million - 45.4 percent

Meanwhile, Kazakhstan's trade turnover with Russia amounted to $25.9 billion from January through December 2023, which is 3.7 percent less than in 2022.

At the same time, in the structure of trade turnover, exports to Russia for the above period amounted to $9.78 billion, which is 7.6 percent more than 2022 ($9.09 billion).

In addition, imports from Russia from January through December 2023 decreased by 9.4 percent and amounted to $16.2 billion. In 2022, imports amounted to $17.9 billion.

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