• KGS/USD = 0.01137 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09272 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01137 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09272 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01137 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09272 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01137 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09272 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01137 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09272 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01137 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09272 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01137 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09272 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01137 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09272 -0.11%
  • UZS/USD = 0.00008 0%

Viewing results 109 - 114 of 119

Natural Gas Production in Uzbekistan Down by 4.5 Billion Cubic Meters in 2023

According to Uzbekistan’s Statistics Agency, over the eleven months of 2023 to December, Uzbekistan reduced natural gas production by more than 4.5 billion cubic meters compared to the same period last year. From January-November, 42.7 billion cubic meters of gas was produced, compared to 47.3 billion cubic meters in 2022. Official statistics also recorded a decrease in the country’s oil production by 12,000 tons from January-November. In recent years, Uzbekistan’s natural gas industry has experienced problems due to the depletion of reserves at existing fields. This year, Uzbekistan started importing natural gas from Russia through Kazakhstan. A government meeting chaired by President Shavkat Mirziyoyev earlier this month focused on maintaining natural gas production volumes at existing fields and discovering new reserves. The meeting considered ways of transitioning to geological drilling at a depth of 6-7 kilometers using advanced technologies. It was stated at the meeting that in recent years, the depth of geological exploration has been increased from 2-3 kilometers to 4-5 kilometers. In 2024, it is planned to carry out seismic work on an area of 3.5 thousand square kilometers and drill new exploration wells.

Kyrgyzstan to Create a Ministry of Water Management

Kyrgyzstan's Agriculture Minister, Askarbek Janybekov, addressed journalists at a press conference, indicating plans to potentially establish a Ministry of Water Management in the country by the conclusion of 2024. "Now, there is a need to create a separate department for water issues. We must take our time. It will be a big organization. Therefore, we will consider it in stages, and we think at the end of next year we will create such a ministry," he said. Janybekov highlighted that discussions on this matter had surfaced in the Jogorku Kenesh and the recent National Kurultai. Previously, MP Emil Toktoshev had advocated for such an initiative.

Kazakhstan to Build New Reservoirs to Reduce Dependence on Neighboring Countries

The Ministry of Water Resources and Irrigation of Kazakhstan on December 22nd said it is beginning work on the construction of nine new reservoirs out of a planned twenty to reduce Kazakhstan’s dependence on the water flow from neighboring countries by 25%. The commissioning of new reservoirs will also increase the area of irrigated land by 250,000 hectares and reduce the threat of flooding in 70 rural settlements with a population of 137,000 people. Currently, design documentation is being developed for the nine facilities, and negotiations are underway to attract investors to the construction of new reservoirs. The Ministry of Water Resources and Irrigation has developed a Comprehensive Water Development Plan for 2024-2030. The document includes measures for the construction and reconstruction of reservoirs, reconstruction of hydraulic structures and irrigation systems. “The plan will be implemented in several stages,” said the Minister of Water Resources and Irrigation of Kazakhstan, Nurzhan Nurzhigitov. “In 2024-2026, it is planned to begin construction of twenty new reservoirs with a volume of 2.4 km³ in eleven regions. The implementation of the Comprehensive Plan will increase the volume of available water resources by 3.7 km³, expand the area of irrigated land to 2.2 million hectares, reduce annual losses of irrigation water by 3 km³, and also provide water supply to 41 settlements with a population of more than 55,000 people.” Kazakhstan, especially its southern regions, is highly dependent on irrigation water flow from upstream Kyrgyzstan. This past summer, Kyrgyzstan experienced a shortage of irrigation water and was forced to reduce the water flow to Kazakhstan’s southern Zhambyl region, which negatively impacted the region’s agriculture.

Belgian Company Helps Open First Plant for Production of High-Quality Lime in Kazakhstan

With the support of National Company, KAZAKH INVEST, Saryopan Operating company, together with the Belgian multinational company, Carmeuse Group, opened the first plant in Kazakhstan for the production of high-quality lime. The project's cost amounted to about 30 billion tenge ($65 million) and created more than 200 permanent jobs. Bauyrzhan Aitkulov, Director of the KAZAKH INVEST Project Department, attended the opening ceremony on December 15th. The enterprise's production capacity in the Saryopan field, Osakarovo district, Karaganda region, will amount to 330,000 tons annually. The plant's launch will completely replace the import of grade one lime to Kazakhstan and allow exports with added value. Access to domestic lime will increase the productivity of ferrous and non-ferrous metallurgy enterprises in the country. High-grade lime used for effective flue gas purification from CHP plants will significantly contribute to solving environmental problems in Kazakhstani cities, bringing coal plants in line with European standards. Aitkulov said that the national company has supported the project since 2018. He stressed that the plant's opening reflects the industry’s growth in the Karaganda region and the country's desire for environmentally sustainable development. The enterprise will be one of the most environmentally-friendly plants in Kazakhstan. The plant was built using ESG standards, and the dust cleaning system installed at the enterprise will provide a high degree of air purification.

Kazakhstan to Intensify Work to Attract Investment in Green Technologies

Issues of supporting new projects in the field of renewable energy were discussed on December 14th at a meeting of the Council for the Transition to a Green Economy, chaired by the Prime Minister of Kazakhstan, Alikhan Smailov. At the meeting, Madina Abylkasymova, Chairperson of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market, said that today the necessary legislative framework for the development of “green” finance has been created in Kazakhstan. A new Environmental Code has been adopted, and changes have been made for the issuance and circulation of green bonds and ESG bonds. The Prime Minister emphasized that a large-scale transformation of the economy requires, among other things, an increase in the volume of “green” investments. “To achieve carbon neutrality by 2060, financing in the amount of more than $600 billion is required. Therefore, it is necessary to intensify efforts to attract investments in green technologies,” said Smailov.

Kazakhstan Launches Modernized Water Pipeline in Atyrau and Mangystau Regions

On December 13th, Kazakhstan unveiled the modernized main water pipeline, Astrakhan-Mangyshlak, in its western Atyrau Region. The significant expansion of this facility was a result of comprehensive reconstruction, directed by President Tokayev's under the supervision of Kazakhstan's Prime Minister, Alikhan Smailov. The upgraded Astrakhan-Mangyshlak pipeline will provide an additional 60,000 cubic meters of water to the population, enterprises, and agriculture of Atyrau and Mangystau regions. The project includes the renewal of worn-out equipment and the replacement of two sections of the main pipeline, totaling about 177 km in length. As a result, the throughput capacity of the Astrakhan-Mangyshlak water pipeline increased from 110,000 to 170,000 cubic meters per day. "The reconstruction of the water pipeline was completed a year ahead of schedule due to accurate design solutions and rapid construction rates. This marks just one of many large-scale projects planned for the region," Smailov said. Additionally, a desalination plant capable of producing 50,000 cubic meters of water per day is currently under construction in the village of Kenderli. From this plant, a 105 km long main water pipeline will be built to Zhanaozen. Smailov further stated, "Our goal is not only to provide 100% of settlements with clean drinking water by 2026, but also to create a reliable framework for further sustainable water supply to the population and industries10. For this purpose, projects are being implemented to build new and modernize existing hydraulic structures and water conduits. Branching networks are being brought to settlements, and pumping modules from underground sources are being installed in remote villages. We have a lot of work ahead of us."

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