Category: Kazakhstan

Overview. Kazakh use of the crucial CPC pipeline continues to be intermittent, fully drawing the focus of the RoK government. Over the month, and intrinsically linked with the overview above, the RoK’s President received Chevron Chairman and Chief Executive Officer Michael Wirth, met with and held talks with the President of Russia.…… Read the rest

Overview. The Ministry of Kazakhstan invited all interested parties to participate in the auctions on a selection of projects for the construction of renewable energy generation facilities. Kazakhstan is pursuing EU strategic partner status, replacing Russia in oil, gas, and coal supply. C19. As the month closed the RoK reported 2500+ new cases a day…

Overview. A nationwide referendum on the introduction of changes to the current Constitution took place on 5th June. Amendments to Article 33 of the Main State Law reduce the power of the president, strengthen the role of Parliament, recreate the Constitutional Court, and strengthen human rights. After January’s events, Kazakhstan is building a ‘new Kazakhstan’…

Overview. The force majeure at CPC has been fully resolved. The RoK constitution update referendum will take place on 5th June with the expectation that Nazarbayev’s “Elbasy” meaning “Leader of the Nation” will be expunged. New legislation, regulation, and increased tax surrounding crypto mining continues to be fleshed out.…… Read the rest

Overview. Kazakhstan’s physical and political linkages to Russia continue to impact its economic stability. The force majeure situation at CPC has been resolved for now. A series of President’s reforms have been actioned by the Government, one of these is that Nazarbayev’s “Elbasy” title, conferring his Leader of the Nation power, will be excluded from…

Overview. Kazakhstan is vicariously suffering under sanctions against Russia. A declaration of force majeure at the CPC facility in Novorossiysk is affecting the Kazakh oil industry. Maintaining open doors tor foreign investments remains a key Kazakh strategic priority. New legislation, regulation and increased tax to control crypto mining business are being introduced.…… Read the rest