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 …
Read More »Kazakhstan to Elaborate Creation of Central Asian Hydropower Consortium by December 2023
Kazakhstan will elaborate creation of the hydropower consortium of Central Asia, according to the action plan of the concept of development of water resources management system until 2029. The Ministry of Ecology, Ministry of Foreign Affairs, National Security Committee will work on this. The information on the progress of the …
Read More »Azerbaijan and Kazakhstan Agree to Optimize Energy Transit Route to Europe
On April 10, Azerbaijani President Ilham Aliyev paid a one-day official visit to Kazakhstan (President.az, April 10). This visit took place about six months after the first official visit of Kazakhstani President Kassym-Jomart Tokayev as the head of state to Azerbaijan in August 2022 (The Astana Times, August 24, 2022). …
Read More »Kazakhstan Pushes up Oil Exports Bypassing Russia
The first quarter of 2023 saw Kazakhstan ramp up oil exports bypassing Russia as the Central Asian country seeks to reduce its dependency on Moscow, data from industry sources and Refinitiv cited by Reuters showed. While Kazakh oil exports through the Caspian Sea and the Caucasus are relatively small, they …
Read More »Kazakhstan Takes Global Majors to Court over Oilfield Revenues
Kazakhstan on Tuesday said it had begun international arbitration court proceedings against energy majors including ExxonMobil and Shell over $16.5 billion (15.2 billion euros) in costs deducted from the revenues from two oilfields. The government “has begun international arbitration against the Karachaganak and Kashagan (operating) companies,” Energy Minister Almasadam Satkaliev …
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