Bi-Weekly Economic News Summary

KAZAKHSTAN - In Brief 27 Nov 2025 by Evgeny Gavrilenkov
Nov 15 KMG: The company and Uzbekneftegaz (Uzbekistan) signed an agreement on the Zharkyn oil exploration project in Mangystau region. President: Kazakhstan intends to increase the volume of transit of Russian gas to Uzbekistan. Nov 16 President: Mr. Tokayev welcomes Azerbaijan's accession to regular consultative meetings of the heads of state of Central Asia, and considers such partnership to strengthen stability in the region. President: Mr. Tokayev proposed to elaborate a comprehensive strategy for the development of the transport system in Central Asia. He also suggested combining efforts to attract advanced technologies for the extraction and processing of rare earth metals. Nov 17 Sanctions: OFAC has issued a license authorizing transactions for the provision of services related to the sanctioned Russian companies LUKOIL and Rosneft in oil and gas projects of CPC, Karachagansk and Tengiz fields. President: Kazakhstan and Uzbekistan plan to jointly implement seven projects totaling $1.2 bln in industry (including petrochemical segment), construction, finance, logistics and tourism. Bureau of National Statistics: Industrial production in Kazakhstan increased by 7.3% y-o-y in 10M25. Bureau of National Statistics: Cargo turnover in Kazakhstan grew by 11.7% y-o-y in 10M25. Bureau of National Statistics: Investments in production capacity in Kazakhstan increased by 13% y-o-y in 10M25. Bureau of National Statistics: Agricultural production in Kazakhstan increased by 5.4% y-o-y in 10M25. Energy Ministry: Pumping of Kazakh oil at the Russian port of Novorossiysk, where the Sheskharis oil terminal was damaged last week, has been fully resumed. Energy Ministry: Kazakhstan d...

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2025 GlobalSource Partners. All rights reserved. This is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this or its contents.