• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00195 0%
  • TJS/USD = 0.10861 0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00195 0%
  • TJS/USD = 0.10861 0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00195 0%
  • TJS/USD = 0.10861 0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00195 0%
  • TJS/USD = 0.10861 0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00195 0%
  • TJS/USD = 0.10861 0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00195 0%
  • TJS/USD = 0.10861 0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00195 0%
  • TJS/USD = 0.10861 0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00195 0%
  • TJS/USD = 0.10861 0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
18 December 2025

Viewing results 1 - 6 of 835

Kazakhstan Fast-Tracks Delivery of Caspian Pipeline Equipment

Kazakhstan has expedited the delivery of two new offshore berthing facilities for the Caspian Pipeline Consortium (CPC), a move prompted by recent drone attacks on CPC infrastructure. The initiative aims to restore the stability of oil exports and ensure uninterrupted operations at the key marine terminal in Novorossiysk. The two new remote mooring devices (RMDs) were procured from a manufacturer in the United Arab Emirates for installation at the CPC Marine Terminal. Kazakhstan’s Energy Minister Yerlan Akkenzhenov announced on December 15 in Astana that the delivery timeline has been moved up from April 2026 to January 2025. “The Ministry of Energy of the Republic of Kazakhstan and the national oil and gas company KazMunayGas are making every effort to deliver the two new RMD units. We are now pushing ahead with this and plan to deliver them in January,” said Akkenzhenov, highlighting the logistical complexity of transporting the technologically advanced equipment to Novorossiysk. According to the CPC press service, the two devices being replaced, CPC-1 and CPC-2, were originally commissioned in 2001. The contract for their replacement was signed in January 2024, and both new units are expected to be completed by December 2025. These upgrades are part of a recovery program following a series of attacks on CPC infrastructure. At the same time, repair work continues on VPU-3, another remote berthing facility. However, efforts have been hindered by severe weather conditions in Novorossiysk, where strong winds and currents have disrupted underwater installation work. “The weather in Novorossiysk is difficult, with very strong winds causing high waves and currents. Divers are descending under the dome to install underwater hoses,” Akkenzhenov explained. The Caspian Pipeline Consortium remains one of the largest energy projects in the post-Soviet space. The 1,511 kilometer Tengiz-Novorossiysk pipeline transports more than two-thirds of Kazakhstan’s oil exports, along with output from Russian fields, including those in the Caspian Sea. The CPC’s marine terminal in Novorossiysk is equipped with three remote mooring devices, enabling tankers to load safely offshore and ensuring continuous export operations. Since autumn 2025, CPC facilities have been repeatedly targeted. The first attack occurred on September 24, when drones struck the consortium’s office, injuring employees and bystanders. Other key incidents included attacks on the Kropotkinskaya base (February 17 and March 24), the Kavkazskaya facility (March 19), and the Novorossiysk marine terminal (September 24-25). The most serious incident occurred on November 29, when the terminal’s pier was damaged, rendering VPU-2 inoperable. Kazakhstan’s Ministry of Energy estimated losses of 480,000 tons of oil and condemned the attack as “unacceptable and dangerous for global energy security.” The emergency acquisition and fast-tracked delivery of the new berthing units are seen as a strategic investment by Kazakhstan, not only to secure its export capacity but also to reinforce the stability of one of the region’s most critical energy corridors.

Kazakhstan Sets New Record for Car Sales

Kazakhstan's car market set a new record in the first 11 months of 2025, with more than 207,500 new vehicles sold, surpassing the previous annual record of 205,000 units set in 2024. According to the Kazakhstan Automobile Union (KAS), 25,804 passenger and commercial vehicles were sold in November 2025 alone, marking a 22.7% year-on-year increase. This figure represents the highest monthly sales volume in the history of official car retail in the country. Between January and November 2025, dealerships sold a total of 207,616 new vehicles, 15.6% more than during the same period in 2024. KAS President Anar Makasheva noted that the market has already exceeded last year's total sales despite the traditionally active pre-New Year period still ahead. She added that dealers are expanding financial offerings and launching special promotions, as December is typically the most favorable month for car purchases. A further increase is expected by year-end. Hyundai was the top-selling brand in Kazakhstan during the reporting period, with 45,220 units sold. Chevrolet followed with 33,486, and Kia ranked third with 21,481. Chinese manufacturers dominated the rest of the top ten: Jetour (13,000), Chery (12,500), Haval (10,400), and Changan (10,100). Toyota came in eighth with 10,000 vehicles sold, followed by Geely (9,000) and Jac (8,700). Among the most popular models in November were the Chevrolet Cobalt (7,100), Hyundai Tucson (1,900), and Kia Sportage (1,300). As of December 1, 2025, Kazakhstan had 5,843,358 registered vehicles, according to government statistics. The majority, 4,898,203, were category B passenger cars. In comparison, 6,786,876 vehicles were registered as of September 1. The Ministry of Internal Affairs attributed the discrepancy of nearly 1 million vehicles to a database update that eliminated duplicates, corrected technical errors, and verified first-time registrations. Earlier this year, The Times of Central Asia reported that Kazakhstani car manufacturers saw a nearly 17% profit increase in the first half of 2025 compared to the same period in 2024.

The Digital Future of Central Asia: Who Is Shaping It, and How?

Digital security is now a key component of most processes in every country. A large share of organizations is moving, or has already moved, their processes online, which requires increased attention and control. Many Central Asian countries are already rolling out AI technologies at the state level. Financial institutions, social systems, crypto services, rental services, and other high-risk areas can no longer develop effectively without biometric identification and AI. Central Asia is gradually developing its own biometric landscape, and if we look at it not as a set of disparate projects but as an emerging infrastructure, it becomes clear that the countries are moving at very different speeds. Kazakhstan: Leader in Biometrics and Digital Identity in the Region Today, Kazakhstan is the undisputed leader in Central Asia in the field of biometric technologies. In this region biometrics has long gone beyond isolated pilots and has become part of the digital infrastructure on which a significant part of the economy operates.  Unlike neighboring countries, where biometrics is most often limited to video surveillance or exclusively state initiatives, Kazakhstan has developed a mature market of independent developers and technology companies creating competitive products both for private organizations and for government platforms. Thanks to active digitalization, biometrics in the country has become not an add-on, but the primary mechanism for identity verification. The state additionally stimulates this process: it expands the use of biometric identification in ministerial processes, strengthens the requirements for remote verification, and transfers critical services, such as the issuance of an Electronic Digital Signature (EDS), to biometric authentication. In this way, an environment is being built in which online processes gain full legal validity and the population receives convenient access to services without the need to visit physical offices. Kazakhstan’s key distinction is that it has a full-fledged biometrics market, not just government-driven initiatives. The private sector actively invests in biometric solutions, integrates them into its processes, and competes on the quality of the user experience. Banks strive to reduce entry barriers for clients,   MFIs (software development kits) increase protection against fraud, crypto exchanges strengthen their compliance structure, and marketplaces implement biometric identification to secure transactions. This has created an effect unique for the region: biometrics has ceased to be a one-off project and has turned into an everyday part of business. Against this background, independent local companies are developing that are capable of creating advanced technological solutions within the country. Among them, Biometric.Vision stands out in particular, an international company originating from Kazakhstan, one of the key players in the Kazakhstani market that has formed its own technological stack and operates across several industries. The company has become a technological partner for banks, financial organizations, government services, and regulated industries, providing software modules for remote identification, biometric verification, liveness checks, and fraud prevention. Local products make it possible to respond quickly to new regulatory requirements, adapt to them, and address the real needs of local businesses. For Kazakhstan, the presence of local players in the biometrics market is...

Roscosmos: Damaged Baikonur Launch Pad To Be Ready in Early 2026

Russia’s space agency Roscosmos says a Baikonur Cosmodrome launch pad that was damaged during the lift-off of a crewed spacecraft in late November is being repaired and will be ready to resume operations at the end of February next year. “The manned program continues,” Roscosmos said following two weeks of speculation about the impact of delays on crewed flights from the leased Baikonur facility in Kazakhstan. If Russia meets its repair schedule, it would beat some predictions that said the launch pad might not back in operation for up to two years. More than 130 Roscosmos employees, working in two shifts from 8 a.m. to midnight, and 18 heavy vehicles are involved in replacing a service cabin that was damaged in the launch of the Soyuz MS-28 craft that took two Russian cosmonauts and one American astronaut to the International Space Station, the agency said on Monday. “Work has begun on priming and painting the cabin parts. As they become ready, they will be transported to the launch pad. Some of the equipment is already there,” Roscosmos said. “After priming and painting the parts, specialists will begin installing the cabin and conducting autonomous tests.” Space journalists and analysts said the previous mobile service platform was not properly secured during the November launch and collapsed into a flame duct below the launch pad. A cargo flight to the International Space Station had been scheduled for this month from Baikonur but was delayed after the mishap.

Kazakhstan Accelerates Development of Trans-Kazakhstan Railway Corridor

With a closed domestic railway network now fully in place, Kazakhstan has shifted focus toward developing new routes aimed at enhancing export and transit cargo delivery. In early 2025, President Kassym-Jomart Tokayev ordered the acceleration of the Trans-Kazakhstan railway corridor, an essential component of the Trans-Caspian International Transport Route. Central to this effort is the construction of the Mointy-Kyzylzhar railway line. Rail transport remains a vital sector of Kazakhstan’s economy, shaping both domestic commodity markets and the country’s strategic transit potential. In the face of shifting geopolitical dynamics and rising demand for freight transport, Kazakhstan has gained fresh opportunities to expand its international logistics capabilities. However, aging infrastructure, bottlenecks, and missing links continue to restrict this potential and hinder trade growth. In response, Kazakhstan has launched a series of major infrastructure projects, including the Mointy-Kyzylzhar line, an extension of the existing Dostyk-Mointy branch. According to JSC “NC “KTZ”, the project will expand the nation’s transit capacity, ease congestion on the Mointy-Zharyk segment, remove key bottlenecks, and reduce delivery times through route optimization. It is also expected to stimulate economic activity in the Karaganda and Ulytau regions by strengthening export logistics and creating new jobs. The direct link between Mointy and Kyzylzhar stations will shorten the Trans-Caspian corridor and reduce traffic on overburdened parts of the network. In an interview with The Times of Central Asia, Saken Rakhmetov, Managing Director of the Mainline Network Directorate at KTZ, noted that the project will shorten delivery distances and eliminate locomotive changeovers at Mointy and Zharyk. This, he said, could reduce shipping times from the Chinese border to the port of Aktau by more than a day, depending on the route. The project entails constructing over 390 kilometers of rail infrastructure, including single-track lines, stations, two overpasses, 35 bridges, 21 cattle crossings, 108 culverts, 16 passing loops, and five stations. Topographic, geodetic, geological, and hydrological surveys have been completed. More than 96% of the planned 12.9 million cubic meters of roadbed has been filled. Installation of culverts is underway, with 11 already completed and 14 in progress. More than half of the rail-sleeper grid, 165 kilometers out of 323, has been assembled, with track laying initiated at both ends. According to the approved timeline, construction of pipes, bridges, and overpasses, along with power and communication systems and related infrastructure, is scheduled for completion in 2026. A notable feature of the project is the use of jointless track technology, which employs long continuous welded rails rather than standard 25-meter links. This design reduces dynamic stress on the track, cuts wear and tear on infrastructure and rolling stock, improves energy efficiency, and allows higher train speeds. At the height of construction during July-August, approximately 550 pieces of machinery and up to 1,150 workers were deployed. Upon completion, the line is expected to create at least 700 permanent jobs. According to KTZ, about 80% of the goods, services, and labor used in the project are sourced locally, with final figures to be confirmed after a state review...

Kazakhstan Has No Plans to Privatize Major Oil Refineries

Kazakhstan’s government is not considering the sale of its major oil refineries, despite their inclusion on a national privatization list proposed by the antitrust authority. Energy Minister Yerlan Akkenzhenov announced during a briefing in Astana. Kazakhstan has three large oil refineries: in Pavlodar, Atyrau, and Shymkent. The Pavlodar and Atyrau plants are fully state-owned through the national oil and gas company KazMunayGas and its subsidiaries. The Shymkent refinery operates as a 50-50 joint venture between KazMunayGas and the China National Petroleum Corporation (CNPC), through the PetroKazakhstan Group. In March, the Agency for the Protection and Development of Competition (AZRK) proposed examining options for the partial privatization of the Pavlodar and Atyrau refineries, arguing that the Shymkent plant has benefited from greater efficiency through private sector involvement. In November, both state-owned refineries were listed among 473 entities marked for potential privatization, with a target date of 2028. However, Akkenzhenov clarified that listing an asset on the privatization map does not imply any active plans for its sale. “This is not true; there are no negotiations at the government level today,” he said. “The Agency for the Protection and Development of Competition is operating within its mandate to foster a competitive environment. But this does not mean the state intends to sell the refineries.” He emphasized that the refineries are among the country's most profitable strategic assets, and concerns that they might be sold "for a song" are unfounded. The minister noted that proper valuation methods, such as property value or EBITDA multipliers, would guide any assessment of the assets. “For example, EBITDA multiplied by a factor of five. So, claims that these assets would be sold cheaply are incorrect. Overall, I want to confirm that we are not going to sell them,” he said. As previously reported by The Times of Central Asia, Kazakhstan is exploring foreign investment opportunities for a planned fourth major oil refinery, a project aimed at increasing domestic processing capacity amid rising fuel demand.