• KZT/USD = 0.00213
  • TJS/USD = 0.10820
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00213
  • TJS/USD = 0.10820
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00213
  • TJS/USD = 0.10820
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00213
  • TJS/USD = 0.10820
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00213
  • TJS/USD = 0.10820
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00213
  • TJS/USD = 0.10820
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00213
  • TJS/USD = 0.10820
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
  • KZT/USD = 0.00213
  • TJS/USD = 0.10820
  • UZS/USD = 0.00008
  • TMT/USD = 0.29850
05 August 2026

Viewing results 25 - 30 of 2467

Kyrgyzstan Records 348 Mudflows in Six Months, Highest Total in Decades

Kyrgyzstan recorded 348 mudflows during the first half of 2026, the highest number in 30 to 40 years, according to the Ministry of Emergency Situations and Kyrgyzhydromet. These violent torrents of water, mud, and boulders killed eight people and injured three. Roads, villages, and critical infrastructure are concentrated in narrow mountain valleys. Each new debris flow can therefore threaten lives and isolate entire communities. A Rapidly Escalating Season The damage extends beyond the human toll. Authorities evacuated 236 people from hazardous areas, while mudflows damaged 668 hectares of farmland. Preliminary estimates place economic losses at 399 million soms (approximately $4,560,000). The scale of the crisis became apparent well before mid-summer. By late June, Kyrgyzstan had already recorded more than 240 mudflows. The first-half total of 348 was almost five times the roughly 70 recorded during the same period of 2025. The deadliest incident occurred on the Osh-Alay highway, where a powerful mudflow swept a vehicle from the road, killing six people. The Ministry of Emergency Situations identifies Batken, Jalal-Abad, Osh, and Talas regions as the country’s most vulnerable areas, where mudflows repeatedly destroy roads, bridges, and residential buildings. Why the Risk Is Increasing Officials link the surge to several overlapping factors, including intense local downpours and earlier snow and glacier melt. Settlement expansion into hazardous valleys and a shortage of protective structures have increased exposure. Pasture degradation and forest loss add to the danger. Rising temperatures are also transforming the Tian Shan as glaciers retreat and new high-altitude lakes emerge. Kyrgyzhydromet estimates that the area of Kyrgyzstan’s glaciers has declined by about 16% in recent decades. As glaciers shrink, newly formed alpine lakes become more vulnerable to overflowing or bursting during intense rainfall or rapid snow and ice melt. Such outbursts can generate destructive debris flows. The threat extends beyond mudflows. Officials warn that warming will also increase the risks posed by glacial-lake outbursts, landslides, and rockfalls. Strengthening Defenses Despite the record number of mudflows, the death toll remains significantly lower than in 2024, when such disasters claimed 25 lives. The Ministry of Emergency Situations attributes the improvement to earlier warnings, more effective evacuations, and expanded preventive measures in high-risk areas. Kyrgyzstan is also expanding its use of forecasting technologies. KG Labs, working with international partners, is developing an AI model to forecast glacial lake outburst floods in the Tian Shan. The work draws on a digital catalogue of Kyrgyzstan’s glaciers and is exploring affordable sensors for remote mountain areas with intermittent internet access. The Ministry of Emergency Situations already uses a separate AI-powered system to monitor high-altitude lakes and issue warnings. The Season Is Far From Over The figure of 348 covers only the first six months. In Kyrgyzstan, the period of highest risk typically lasts until autumn, meaning that mountain communities and transport corridors remain vulnerable for several more months. The events of 2026 illustrate how rapidly natural hazards are evolving. Retreating glaciers, the formation of new alpine lakes, and increasingly intense rainfall are changing the country’s risk...

Why Tokayev Urged Putin to Freeze the War in Ukraine

Kazakh President Kassym-Jomart Tokayev has delivered his most direct public appeal to Vladimir Putin for an end to Russia's war in Ukraine. Speaking alongside the Russian president during the 22nd Kazakhstan-Russia Interregional Cooperation Forum in Omsk on July 25, Tokayev called for freezing the war and returning to what he described as the "Istanbul Formula 2.0." For many observers, the statement marked a significant departure from the cautious language traditionally used by leaders across the post-Soviet region. Although Azerbaijani President Ilham Aliyev has repeatedly criticized the war and reaffirmed support for Ukraine's territorial integrity, Tokayev's intervention was notable because he advanced a concrete proposal directly to Putin on Russian territory. Tokayev's remarks were consistent with Kazakhstan's long-standing foreign policy, which has emphasized negotiated settlements and diplomatic conflict resolution. While Russia remains one of Kazakhstan's largest trading partners and a crucial infrastructure partner, Astana has not recognized Moscow's annexation of Ukrainian territory. The war has also become a direct economic concern for Kazakhstan. More than 80% of the country's crude exports move through the Caspian Pipeline Consortium (CPC), whose Black Sea export route has recently been affected by attacks on tankers and related security incidents. Those disruptions have highlighted Kazakhstan's continued dependence on the CPC corridor and the risks posed by an expanding conflict zone. Tokayev's Proposal According to the Kremlin transcript, Tokayev told Putin that he had been receiving “many signals” from Europe and the United States regarding the current state of the Russia-Ukraine conflict and had already discussed them with the Russian president by telephone. Tokayev also stressed that he regarded the conflict as an interstate war rather than a civil war. He added that Kazakhstan had always treated the Ukrainian people, their culture and their language with respect. He further said Putin had demonstrated “maximum diplomatic flexibility” during his meeting with U.S. President Donald Trump in Anchorage, Alaska. “This is simply my humble opinion, since people keep asking me: perhaps the conflict should already be frozen, and we should return to the ‘Istanbul Formula 2.0,’ because significant results had been achieved there. Then, naturally, under guarantees from the major powers, including Russia, it would be possible to move toward long-awaited peace,” Tokayev said. Tokayev also made clear that he did not intend to serve as an official mediator in any future negotiations. Tokayev did not define the formula in detail. Russia and Ukraine held talks in Istanbul in 2022 and resumed direct negotiations there in 2025, but neither round produced a settlement. It remains unclear whether he envisaged a ceasefire along the current front line, how occupied territory would be treated, or what guarantees any major powers would provide. Planned or Spontaneous? Major strategic decisions in the post-Soviet space have traditionally been shaped behind closed doors. That is one reason why Tokayev's remarks, delivered while sitting beside Putin, immediately attracted the attention of political analysts. Several experts argue that such a proposal was unlikely to have been made spontaneously. Tokayev's call to freeze the fighting and resume negotiations...

Kyrgyzstan Opens New Railway as Japarov Alleges North-South Highway Embezzlement

Kyrgyzstan has opened a 63-kilometer railway between Balykchy and Kochkor, completing the first stage of a domestic route intended to reach the Kara-Keche coalfield and eventually connect the country’s divided rail network. President Sadyr Japarov travelled to the new Kochkor station by train on July 25. The line extends rail service from the western edge of Lake Issyk-Kul into Naryn Region, where difficult mountain terrain has long limited transport links. “We have revived the culture of railway construction, our engineering potential, and professional experience,” Japarov said. “This historic achievement proves that our country can independently carry out large infrastructure projects.” For the first three decades after independence, Kyrgyzstan laid no new railway track. Construction of the planned 186-kilometer Balykchy-Kochkor-Kara-Keche line began in March 2022. Japarov said crews carried out about one million cubic meters of blasting work and cleared eight kilometers through mountainous ground. The route also crosses wetland and rocky areas near the Orto-Tokoy reservoir, existing roads, and utility lines. According to Japarov, construction of the track cost $955,000 per kilometer, which he compared with offers from foreign companies ranging from $4.8 million to $6.8 million per kilometer. “We understood that this was too expensive, so we decided to take the risk and do the work ourselves,” he said. The $955,000 figure appears to cover the track itself rather than the full cost of the line. In June 2025, Kyrgyz Temir Jolu estimated the 63-kilometer project at 9.472 billion som, or about $108 million at the official exchange rate, roughly $1.72 million per kilometer. Japarov’s speech did not set out what work was included in the foreign proposals. The state railway financed the first stage from its own resources. An October 2025 cabinet decree allows Kyrgyz Temir Jolu to retain half the net profit it would otherwise pay into the state budget from 2026 through 2030, which can be used to fund the route to Makmal and the company’s wider development. Turning to the alternative North-South highway between Balykchy and Jalal-Abad, Japarov said its projected cost was $2.5 million per kilometer and alleged that “more than half” of this sum had been embezzled. He did not identify any company, official, or investigation supporting the claim. Questions over the highway’s costs predate Japarov’s accusation. A January 2023 Audit Chamber review found overstated work on the Aral-Kazarman section and said credit savings had been redirected contrary to the loan agreement. Three months later, local outlets cited security-service sources saying the GKNB had opened a case into suspected $123 million price inflation on the same section. No public outcome has been announced. Construction of the 433-kilometer highway began in 2014 and has suffered repeated delays. The route opened for seasonal traffic from June to November 2026, but the Transport Ministry expects year-round operation only in 2028 after further safety work. The new railway gives Kochkor a direct connection to Kyrgyzstan’s northern rail system. It does not yet join the country’s northern and southern lines. Before the opening, Kyrgyzstan’s railway network covered 425...

Tokayev Calls for Ukraine War Freeze as Black Sea and Caspian Risks Grow

Kazakh President Kassym-Jomart Tokayev has called for Russia and Ukraine to freeze the war and return to negotiations, delivering one of his clearest public appeals for an end to the conflict while seated beside Russian President Vladimir Putin. "Perhaps this conflict should already be frozen and we should return to the Istanbul Formula 2.0, since significant results were achieved there," Tokayev said during talks in Omsk on July 25. He said major powers, including Russia, should provide security guarantees before the sides moved towards a lasting peace. Russia and Ukraine held talks in Istanbul soon after Russia's full-scale invasion in 2022 and resumed direct negotiations there in 2025, though neither round produced a settlement. Moscow and Kyiv dispute how close the 2022 talks came to an agreement and why they collapsed. Tokayev described the war as an "interstate conflict," and said that Kazakhstan respects the Ukrainian people, their culture and language. He also expressed concern over the deaths of young Russians and Ukrainians. Tokayev declined any formal role for Astana, but stated that he had received proposals and appeals concerning mediation, including from Europe and the United States. He said Kazakhstan was not an outsider, but that Russia was capable of resolving the issue without an intermediary. He also reaffirmed Kazakhstan's strategic partnership and allied relationship with Russia, praising what he called Putin's diplomatic flexibility during the Russian president's August 2025 meeting with U.S. President Donald Trump in Anchorage. The Kremlin rejected the idea of a freeze. Spokesperson Dmitry Peskov said it was impossible under Kyiv's current position. He repeated Moscow's claim that fighting could stop if Ukraine made what Russia considers the necessary decisions. Russia's stated terms include Ukrainian withdrawal from Donetsk, Luhansk, Zaporizhzhia, and Kherson regions, including areas Moscow does not control. Putin also wants Kyiv to renounce its aim of joining NATO. Ukraine has rejected those conditions. Tokayev's position has developed publicly, but has remained centered on negotiations. In September 2024, he said Russia was "militarily invincible" and argued that continued escalation could bring about a wider disaster. He called for hostilities to stop before negotiations moved to territorial issues. Kazakhstan has also kept its distance from several central Kremlin claims. In June 2022, Tokayev refused to recognize the Russian-backed entities in Donetsk and Luhansk, describing them as "quasi-state territories." Astana has continued to cite the UN Charter, state sovereignty, and territorial integrity. The latest appeal came as the war reached shipping routes close to Kazakhstan and disrupted the country's main oil export corridor. On July 25, Iran accused Ukraine of attacking an Iranian commercial vessel in the Caspian Sea. Tehran said an explosion killed one sailor and injured another, summoning Ukraine's chargé d'affaires and describing the strike as hostile and criminal. Ukrainian President Volodymyr Zelensky said his forces had achieved "very strong results" with long-range strikes in the Caspian, and that targets included a Russian warship and vessels used for military cargo shipments involving Iran. Zelensky did not identify the vessels, and Iran did not name...

Kazakhstan’s $5 Billion Kashagan Fine Moves Into New Legal Phase

Kazakhstan has escalated its dispute with the foreign investors behind the Kashagan oil field, warning the consortium’s managing director that he could face administrative and criminal liability over its failure to pay an environmental fine of nearly $5 billion. The warning to Giancarlo Ruiu, managing director of North Caspian Operating Company, was reported by Reuters, which cited two sources and a document it had reviewed. NCOC’s shareholders include Eni, ExxonMobil, Shell, and TotalEnergies, each with a 16.81% stake; Kazakhstan’s state-owned KazMunayGas, with 16.88%; CNPC, with 8.33%; and Inpex, with 7.56%. The dispute began after the Department of Ecology for the Atyrau Region inspected the consortium’s production facilities in 2022 and identified about ten alleged violations. Inspectors said that by November 1, 2022, more than 1.7 million metric tons of sulfur had accumulated at a storage site within the Bolashak oil and gas processing complex. NCOC’s permit allowed it to store no more than 730,000 tons. According to the environmental authorities, the operator had exceeded the permitted limit by more than twofold. In early 2023, the regional environmental department issued a notification seeking 2.356 trillion tenge in penalties, equivalent to about $5.4 billion at the exchange rate at the time. NCOC rejected the allegations and maintained that its sulfur-handling operations complied with Kazakh law and the permits issued for the project. The proceedings continued for more than three years. In August 2025, a court set aside the original notification because of procedural deficiencies in the way it had been issued. The ruling did not dismiss the environmental allegations themselves. The authorities subsequently issued a new notification, allowing the case to proceed. After further domestic proceedings, the Atyrau Regional Court upheld the penalty on June 19, allowing the ruling to enter into force. It later emerged that members of the consortium had been aware of the risk posed by the growing sulfur stockpiles for years. In 2017, Eni warned that the project was heading towards exceeding the permitted storage capacity. By late 2020, NCOC had also cautioned that Kazakhstan’s new Environmental Code, adopted the following year, would increase the risk of substantial penalties. According to internal documents reported by Bloomberg, Eni executives proposed processing more of the sulfur for sale on international markets. ExxonMobil, TotalEnergies, CNPC, and Inpex were not planning comparable measures at the time, while KazMunayGas had yet to settle on a position. On July 14, Kazakhstan’s Ministry of Justice said the domestic court ruling had entered into force and gave NCOC until July 20 to pay voluntarily. The ministry said compulsory enforcement proceedings could begin if the consortium failed to meet the deadline. NCOC did not pay by July 20. The Justice Ministry subsequently warned Ruiu of possible liability for non-compliance, marking a further escalation in a dispute that had already moved beyond the original question of sulfur storage. The consortium continued to deny wrongdoing and maintained that the penalty could not be enforced while international arbitration proceedings were under way. Its foreign shareholders are separately challenging the fine...

Kazakhstan Oil Output Falls 21% as CPC Halt More Than Halves Tengiz Production

Kazakhstan's oil and gas condensate output fell by about 21% on July 22 after the Caspian Pipeline Consortium stopped receiving Kazakh crude and suspended loadings at its Black Sea terminal. Output dropped to 1.63 million barrels per day from a July average of 2.07 million, Reuters said, citing an industry source. The sharpest reduction came at Tengiz, Kazakhstan's largest oilfield. Production fell by 56%, from an average 925,000 barrels per day in July to about 406,000 on Wednesday, reflecting how quickly a halt at Novorossiysk can force cuts at a field more than 1,500 kilometres away. Kazakhstan's Energy Ministry confirmed the reduction, stating that producers had cut output because CPC had restricted intake and their storage tanks were nearing capacity. "The adjustment was a technical measure intended to keep production operations stable," the ministry said. It added that CPC’s production facilities remained operational and could resume shipments when conditions allowed. Consultations were continuing with the consortium, producers, shipowners, and state agencies. No timetable was given. Tengiz Bears the Brunt Chevron began production from the $48 billion Future Growth Project in January 2025. The expansion was designed to add 260,000 barrels of crude per day and raise total Tengiz output to about one million barrels of oil equivalent per day at full capacity. Chevron owns 50% of Tengizchevroil, while ExxonMobil holds 25%, KazMunayGas 20%, and Lukoil 5%. The field provides a large share of Kazakhstan's oil production and export income. After the tanker ASIA was struck on July 19, Chevron told The Times of Central Asia that the crew was safe and the vessel was stable. "There has been no impact to TCO operations or exports," the company said. However, by July 22, the export halt had forced cuts at Tengiz. Chevron did not immediately comment on the new production figures cited by Reuters. The cut compounds a difficult year for the sector. Kazakhstan produced 45.7 million tonnes of oil in the first half of 2026, down 8.4% from a year earlier. The Energy Ministry still expects 98 million tonnes for the full year, after lowering its previous target because of Tengiz outages and earlier CPC disruption. Kazakhstan's OPEC+ crude quota rose to 1.608 million barrels per day for July. The national output figure includes gas condensate and cannot be compared directly with the crude allocation. The latest reduction removes barrels Kazakhstan intended to export. The timing adds to the revenue loss. Brent rose above $100 on July 23 after attacks on Saudi tankers in the Red Sea added to disruption around the Strait of Hormuz. Tanker Attacks Halt CPC Loadings The production cuts followed a series of attacks on tankers near CPC's marine terminal. The Chevron-chartered Yasa Polaris was hit on July 7 while empty and waiting offshore. Its crew was safe, and no pollution or major hull damage was reported. Nordic Zenith was struck on July 17 while empty and approaching the terminal. ASIA and NISSOS IOS were hit on July 19 while loading Kazakhstan-produced crude. Loading briefly resumed...