Abstract
The widespread spread of the new disease, which has covered almost all countries of the world, has led to a decrease in their economic activity and, as a consequence, to a reduction in the consumption of hydrocarbon resources. This has significantly affected the economy of Kazakhstan and, in particular, the oil industry. Such an unfavorable development of the country’s economy is aggravated by the instability of world prices for hydrocarbon resources. This process is influenced by both political factors and the steady increase in supply over demand that has developed in recent times on world markets. Under the influence of such unfavorable factors on the efficiency of the oil and gas industry, the main directions for increasing it are the reduction of production costs and the increase in the output of marketable products in hydrocarbon processing.
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