Kazakhstan exceeded its oil production quota under the OPEC+ deal by 131,000 barrels per day (bpd) in March, due to the weather and heating season requirements, the country’s Energy Ministry said on Sunday, pledging that the non-OPEC producer will look to compensate in the coming months for its overproduction. “Kazakhstan …
Read More »Kazakhstan, Japan Explore Nuclear Energy Cooperation for Peaceful Purposes
The Kazakh delegation visited Japan in order to expand cooperation between the countries in the field of peaceful uses of nuclear energy from April 1 to April 5, 2024, Trend reports, citing the Energy Ministry of Kazakhstan. The Kazakh delegation included representatives of the Ministry of Energy, the Ministry of …
Read More »Kazakhstan’s Astana to Host Discussion on Central Asia, Caspian Regions’ Hydro-Economy Prospects
Prospects of ‘green’ hydrogen production in the countries of Central Asia and the Caspian region will be discussed in Kazakhstan’s Astana on September 17, Trend reports via Globuc International Company. “This is a unique business event dedicated to considering the prospects of ‘hydrogen economy’ in the region. It will be …
Read More »Kazakhstan Vows to Comply with OPEC+ Cuts despite January Overproduction
On Wednesday, non-OPEC oil producer Kazakhstan vowed to compensate over the coming months for a lack of compliance with the voluntary cuts in the OPEC+ deal in January. “Kazakhstan has always supported the initiatives of the OPEC+ member countries,” the country’s Energy Ministry said in a statement today. Kazakhstan, as …
Read More »Kazakhstan Quadruples Grain Exports to China
The easing of the COVID-related sanitary regime at Chinese customs crossings enabled Kazakhstan to quadruple the amount of agricultural goods it exported to the country in 2023 as compared to a year earlier. The 2.2 million tons, which comprised wheat, barley, soybeans, flax and sunflower seeds, that was sent to …
Read More »Kazakhstan to Transport more Russian Oil and Gas
Kazakhstan will transport more Russian oil and gas, the country’s president, Kassym-Jomart Tokayev, told Russian daily newspaper Izvestia on Wednesday, a day before Russian President Vladimir Putin’s visit to the Central Asian nation. The Kazakh leader appeared to be warming to the idea of a “gas union” with Russia, which …
Read More »Kazakhstan Buys Tankers to Transport Oil Bypassing Russia
Kazakhstan is buying tankers to transport its oil through the Caspian and Black seas. Thus, the country can look for an alternative to the main export pipeline through the Russian Federation. A division of the state-owned company “KazMunayGaz” has already purchased two tankers with a deadweight of 8,000 tons each …
Read More »China’s Innovative Inroads into Central Asia
Kazakhstan and China are looking to boost joint scientific research. Kazakhstan’s science and higher education minister, Sayasat Nurbek, met with top officials of the China-based Center for Technology Transfer of the SCO Member States (SCO CTTC), the ministry’s press service reported July 24. The parties discussed potential partnerships “in the …
Read More »Kazakhstan Sharply Increases Export of Fossil Fuels to EU
The value of Kazakhstan’s exports of fossil fuels and related materials to the EU increased by 65.15 percent in 2022 compared to 2021, Trend reports. According to Eurostat, the statistical office of the EU, in 2022, Kazakhstan exported fossil fuels and related products to the EU worth 26.1 billion euros, …
Read More »Azerbaijan, Georgia, Kazakhstan Sidestep Russia with New Trade Partnership
Kazakhstan has in a fresh effort to ease bottlenecks in a transportation corridor bypassing Russia reached an understanding with Azerbaijan and Georgia to set up a jointly run and owned logistics company. The agreement was signed last week at the culmination of a trip to the South Caucasus nations by …
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