Azerbaijan and Kazakhstan are discussing the use of the Baku-Supsa pipeline to carry Kazakh crude, media reported, citing a statement by the Kazakh embassy in Baku. “Currently, the parties are exploring the possibilities of further increasing volumes. Kazakhstan is also studying Azerbaijan’s proposal to use the Baku-Supsa oil pipeline. Supplies …
Read More »Kazakhstan Joins EU program to Help Promote a Green Transition
Kazakhstan is considering new procurement standards to maximize the efficiency and effectiveness of state spending while aiming to minimize the environmental harm of public works and services. Government contracts for goods, works and services totaled about $19.7 billion in 2023. In the past, environmental concerns didn’t figure much in state …
Read More »EU Courts Kazakhstan and Uzbekistan for Critical Raw Materials
Ramped-up offshore exploration for rare earth metals and minerals, vital components in sought-after products like hybrid vehicles and smartphone screens, continues to cut into China’s long-held position as the primary global supplier. Countries like Australia, the United States, Myanmar, and even nations like Malaysia, Vietnam, Uzbekistan, and Kazakhstan continue to …
Read More »Kazakhstan in Talks with China on Transit for Uranium Exports
Kazakhstan is in talks with China on transit for export of uranium, the Ministry of Energy of Kazakhstan said. Kazatomprom is transporting uranium to North America and Europe via a port in St. Petersburg. Alternative route is transportation through the Caspian Sea, where the port of Aktau (Kazakhstan), port of …
Read More »Kazakhstan to Consider Building Oil Pipeline in the Caspian Sea
Kazakhstan, a non-OPEC oil producer part of the OPEC+ agreement, will consider building an oil pipeline in the Caspian Sea, Russian news agency Interfax reported on Thursday, quoting Kazakhstan’s Energy Ministry. The country is also considering the construction of another oil pipeline from Atyrau to Kuryk in the medium term, …
Read More »Kazakhstan Vows to Compensate for Exceeding OPEC+ Quota
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 Strengthens China-Russia Trade Links with Railway Expansion
Kazakhstan Railways is bolstering its presence in both China and Russia to cement the Central Asian state’s role as a hub for both Europe- and Russia-bound freight rail traffic originating in East Asia. Kazakh President Kassym-Jomart Tokayev, speaking via video link, inaugurated a Kazakhstan Railways (KTZ) logistics and innovation center …
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 …
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