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Kazakhstan lays groundwork for transformation
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
Fifty years of oil trading
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
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The often-hidden yet powerful hand maintains supply chain linkages and global flows amid disruptions
Kazakhstan struggles with energy balance
The Central Asian country is positioning itself as a low-carbon leader, but antiquated infrastructure and a dependence on Russia are holding it back
Hydrocarbon Processing Refining Databook 2025: Europe, Russia & CIS
EU net-zero polices have shifted refining investment among member states, while across the region countries and companies continue to adjust to changes in trade flows caused by the war in Ukraine
Kazakhstan’s Tengiz growth tests OPEC+ limits
The oilfield expansion provides a fresh influx of revenue but will strain its cooperation with OPEC+ and fails to mask deeper issues with the economy and investors
Kazakhstan’s upstream feels the strain
Flat oil growth in 2024 highlights mounting industry problems
Russia makes gas inroads in Central Asia
Uzbekistan and Kazakhstan provide opportunities after Europe turns it back, while also offering another gateway to China
Letter from London: OPEC’s new chapter
Scepticism, confusion and disdain over OPEC+’s extended and deeper supply cuts should give way to an appreciation of the new multi-speed producer alliance
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Half a century after the 1973 conflict, the world is dramatically different. But OPEC’s power remains
Kazakhstan is the world’s largest landlocked country
Kazakhstan Trading
Victor Kotsev
23 June 2023
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Kazakhstan is key to the Middle Corridor

The race to go around Russia is on and the New Silk Road has a Central Asian energy flavour

The Middle Corridor, a major new trade route from China running through Central Asia to Europe that bypasses Russia and its Northern Corridor, has been on the drawing board for decades. Now, the war in Ukraine may have finally created the incentives needed to make it happen. Energy is at the centre of the route, and Kazakhstan—a big, potential beneficiary looking to diversify its oil export routes—is moving full speed ahead to take advantage. “With Russia weakening its grip on the region, it is quite timely that [regional leaders] started discussing this again, and I think this is quite a realistic project, because if Kazakhstan builds a trans-Caspian oil pipeline, they will minimise the ris

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