• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.10711 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.10711 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.10711 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.10711 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.10711 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.10711 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.10711 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00199 0%
  • TJS/USD = 0.10711 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
30 January 2026

Our People > Andrei Matveev

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Journalist

Andrei Matveev is a journalist from Kazakhstan.

Articles

Oil Eclipse: Power Cuts Expose Fragility of Western Kazakhstan’s CPC-Linked Energy System

Production at the Tengiz oil field in Kazakhstan is set to resume, according to the Ministry of Energy, which has been monitoring the situation since January 18. The restart does not, however, represent a full return to pre-shutdown production levels. While the disruption had no immediate impact on global oil prices, which continued to decline at the time of the outage, it triggered widespread electricity restrictions across western Kazakhstan. On January 21, Brent crude futures fell by 79 cents (1.22%) to $64.13 per barrel, while West Texas Intermediate dropped by 64 cents (1.06%) to $59.72 per barrel, Reuters reported. By then, production at Tengiz had already been suspended for three days, with sources indicating that the downtime would continue for another seven to ten days. From January 20, local authorities in Atyrau and Mangistau regions reported systemic electricity supply restrictions, including altered street-lighting schedules in Atyrau to conserve power, amid reduced gas deliveries to regional generators. The Ministry of Energy did not publicly respond to this until January 22, when, in a statement, it confirmed that gas turbine units at Tengiz were shut down on January 18. At the direction of Minister Erlan Akkenzhenov, his deputy was dispatched to oversee the situation on the ground. A special commission was established to investigate the incident, including representatives from the State Energy Supervision and Control Committee, the Atyrau Region Akimat’s Energy Department, KEGOC JSC, and Tengizchevroil LLP. No official explanation for the shutdown has yet been provided. However, some Kazakh energy experts have publicly speculated about a possible link to recent Ukrainian drone attacks on the infrastructure of the Caspian Pipeline Consortium (CPC), which plays a vital role in exporting Kazakh oil. Oil and gas analyst Olzhas Baidildinov drew a connection between the attacks and cascading effects on domestic energy supply: “They hit the CPC; exports declined, followed by oil production. Gas production declined along with oil. Gas is essential for electricity generation in western Kazakhstan,” he said. Baidildinov added that imported gas and electricity from Russia helped prevent more severe outages, though the energy crunch underscores longstanding vulnerabilities in Kazakhstan’s infrastructure. Baidildinov also referred to recent criticism from President Kassym-Jomart Tokayev, who at the 5th session of the National Kurultai voiced dissatisfaction with the energy sector, signaling potential personnel changes. On January 26, the Ministry of Energy announced that production at Tengiz would restart “in the near future,” and, at 4 a.m., the second-generation plant resumed operations, initiating raw material flows from the Royal field. “The current flow to the ZVP is 2,500 tons per day. Specialists are systematically increasing the supply of multiphase flow (oil and gas) to reach design capacity. At Tengiz, all technical and human resources have been mobilized to inspect energy facilities and power distribution systems,” the ministry stated. Officials emphasized that restoration efforts are under constant oversight. “TCO remains committed to ensuring reliable production and will increase volumes in stages, as infrastructure readiness and safety have been confirmed.” While the ministry has yet to publicly acknowledge...

4 days ago

Kazakhstan, Uzbekistan, and Azerbaijan Join Trump-Initiated Board of Peace

A new international organization, the Board of Peace, was formally established yesterday on the initiative of U.S. President Donald Trump. The charter for the board was signed on the sidelines of the World Economic Forum in Davos by representatives from 19 countries. Joining Kazakhstan and Uzbekistan as founding signatories, the other parties are Argentina, Armenia, Azerbaijan, Bahrain, Bulgaria, Hungary, Indonesia, Jordan, Qatar, Saudi Arabia, Turkey, the United Arab Emirates, Morocco, Mongolia, Pakistan, Kosovo, and Vietnam. The United States is not counted among the 19 signatories, acting instead as the initiative’s convener and chair. The Board of Peace is designed as a consultative platform rather than a treaty-based organization, with no enforcement powers and voluntary participation by member states. Following the signing, a comprehensive development plan for the Gaza Strip was unveiled, which envisions transforming the enclave into a regional economic hub by 2035, with a projected GDP of over $10 billion under the proposal. The plan includes restoring water, electricity, sewage systems, and hospitals, creating jobs, and developing coastal tourism. The concept was presented by entrepreneur Jared Kushner, Trump’s son-in-law. Kushner will serve on the Board of Peace’s executive board, alongside U.S. Secretary of State Marco Rubio, Special Envoy Steve Witkoff, World Bank President Ajay Banga, and former British Prime Minister Tony Blair, among others. The inclusion of Kazakhstan and Uzbekistan, the two largest economies in Central Asia, as founding members underscores their growing role in global diplomacy. Azerbaijan, which has recently expressed interest in joining the Central Asia-focused C5 regional format, also signed the charter. Separately, observers have begun referring to the growing cooperation between Central Asia and Azerbaijan as the “C6,” which could pave the way for greater collaboration on the development of the Trans-Caspian International Transport Route, including the Zangezur Corridor through Armenia. [caption id="attachment_42672" align="aligncenter" width="1280"] Image: president.uz[/caption] Uzbekistan’s participation reflects Tashkent’s increasingly active multi-vector foreign policy under President Shavkat Mirziyoyev, which has sought to expand the country’s diplomatic footprint beyond its immediate neighborhood. In recent years, Uzbekistan has stepped up engagement with the United States, the European Union, and the Middle East, while positioning itself as a pragmatic regional actor on development, connectivity, and post-conflict reconstruction initiatives. During the signing ceremony, President Kassym-Jomart Tokayev of Kazakhstan and Trump reportedly had a brief but cordial exchange. In a statement to the press, Ruslan Zheldibay, spokesperson for the Kazakh president, said Tokayev pointed out that Kazakhstan’s accession to the Abraham Accords was listed as item 177 in a document titled 365 Victories of President Donald Trump in 365 Days, distributed at the Davos Forum. Tokayev also wished Trump success in pursuing a “common sense” domestic policy. Trump, in turn, thanked Tokayev for supporting the Board of Peace initiative. [caption id="attachment_42673" align="aligncenter" width="2560"] Image: Akorda.kz[/caption] The press service of Akorda, the presidential residence of Kazakhstan, later clarified that joining the Board of Peace is based on a sovereign decision and entails a standard three-year term. Participation does not require a financial contribution, though the charter allows member states...

1 week ago

Tokayev Unveils Major Political Reforms as Kazakhstan Moves to Replace the National Kurultai

The fifth and final session of the National Kurultai in Kazakhstan, held on January 20, marked the announcement of plans to dismantle and replace two key institutions: the National Kurultai and the Assembly of the People of Kazakhstan, structures that have played central roles in the country’s civic dialogue, particularly over the past three decades. In a sweeping address, President Kassym-Jomart Tokayev declared that these legacy institutions would be replaced by new mechanisms for state-society interaction, crafted with an eye toward modern governance models and constitutional reform. The move reflects Tokayev’s long-running criticism of consultative bodies that, while symbolically inclusive, have often duplicated functions or lacked clear decision-making authority. Tokayev’s address, which included references to U.S. President Donald Trump, prompted analysts to draw deeper geopolitical and institutional parallels. As Tokayev enters the second phase of his presidency, analysts note a shift in strategy and control. His first term (2019-2022) was marked by attempts to correct the excesses and structural stagnation of his predecessor, Nursultan Nazarbayev. At the time, Tokayev faced entrenched resistance from the political establishment, with some officials reportedly appealing directly to Nazarbayev to circumvent presidential directives. The January 2022 unrest, an attempted power shift, marked a turning point. Tokayev consolidated power and launched a comprehensive reform agenda across the political and economic spectrum. The analogy with Trump, some analysts argue, lies in this dual-phase leadership: an initial struggle with the establishment, followed by a more assertive, transformation-driven second term. Since then, Tokayev has framed political reform as a safeguard against elite capture and institutional paralysis, arguing that fragmented authority contributed to the crisis. Yet Tokayev continues to face political resistance, particularly to structural reforms. Political analyst Daniyar Ashimbayev, commenting on Tokayev’s Kurultai speech, described the president’s evolving approach as both methodical and tactical. “Sometimes, the head of state announces strategic steps he has been considering for over a year, but only unveils them at the last moment, when no one has the opportunity to influence the message,” Ashimbayev observed. He cited Tokayev’s September 2025 proposal for a unicameral parliament as an example of such strategic maneuvering, an initiative that caught even senior officials by surprise. Ashimbayev argues that Tokayev’s aim was to sideline speculation about succession by announcing long-term institutional reforms. The president further solidified this strategy by reviving the position of vice president, abolished under Nazarbayev, while proposing the dissolution or merging of overlapping structures such as the Senate, the Assembly of the People, and the Kurultai into a proposed National People’s Council. This consolidation, Ashimbayev notes, serves both symbolic and strategic purposes. “The image of a 'lame duck' has vanished, and a self-confident Uncle Scrooge, so to speak, with complex plans, has returned. Everyone expected the discussions to take a year or a year and a half, but the president decided to seize the initiative again and unexpectedly moved the Kurultai to January, where he announced a huge package of new ideas,” he remarked. The announcement of the vice presidency, one of the most consequential changes, reportedly...

1 week ago

Kazakh Diplomacy: Why Tokayev Aligned Kazakhstan With the Abraham Accords

On November 6, 2025, President Kassym-Jomart Tokayev confirmed that Kazakhstan had formally acceded to the Abraham Accords, aligning the Central Asian state with the U.S.-brokered diplomatic framework. Launched during Trump’s first presidential term, the Abraham Accords seek to expand diplomatic normalization between Israel and Muslim-majority states. Initially signed in September 2020 by Israel and the United Arab Emirates, and separately by Israel and Bahrain, the Abraham Accords were later expanded to include Morocco and Sudan. Within the broader Abraham Accords framework, Washington continues to seek Saudi Arabia’s participation, a step viewed as diplomatically significant given the kingdom’s custodianship of two of Islam’s holiest sites. However, the process was derailed following the outbreak of the Gaza war in late 2023, triggered by a Hamas attack on Israel. Riyadh has since insisted that normalization can only proceed once there is meaningful progress toward establishing a Palestinian state. Kazakhstan, a secular state with a Muslim-majority population, has maintained diplomatic ties with Israel since April 1992. Embassies were opened in 1996, and bilateral relations have expanded steadily, including in trade, defense, and humanitarian fields. In 2016, Israeli Prime Minister Benjamin Netanyahu visited Kazakhstan, highlighting the strength of this relationship. These longstanding ties help explain why Kazakhstan’s accession did not mark a shift in its bilateral relationship with Israel. Because Kazakhstan established full diplomatic relations with Israel decades ago, several analysts have described the country’s accession to the Abraham Accords as largely symbolic. Uzbek political scientist Kamoliddin Rabbimov argues that the decision was a calculated gesture rather than a shift in Kazakhstan’s geopolitical orientation. “The question arises: is Kazakhstan really ready to weaken its relations with China, Turkey, and Russia in order to join the American-Israeli alliance? I don’t think so,” Rabbimov said. “President Tokayev most likely just formally supported Trump’s initiative by saying ‘yes’ without putting any real geopolitical meaning into it. Nevertheless, even such a ‘yes’ is capable of slightly upsetting the balance in Kazakhstan’s foreign policy.” Giorgio Cafiero, the CEO of Washington-based Gulf State Analytics, views the move as strategic positioning. “Given the Trump administration’s determination to expand the scope of the Abraham Accords, this move by Kazakhstan was a relatively easy way to win the White House’s favor.” German analysts at Kettner Edelmetalle emphasize Kazakhstan’s natural resource wealth as a key factor. “The country has significant deposits of minerals and rare earth elements, resources that are indispensable for modern technologies. By strengthening ties with Washington, Astana apparently hopes to attract more American investment in this strategically important sector.” Eldar Mamedov, non-resident fellow at the Queens Institute and a former senior advisor to the European Parliament, views the development through the lens of geopolitical balancing. “The Abraham Accords are merely a tool in Astana’s deliberate efforts to diversify its geopolitical dependence on Moscow and strengthen its strategic relations with the United States,” he writes. “Perceiving them as the beginning of a new, ideologically defined bloc misinterprets the fundamentally pragmatic and self-interested nature of Kazakhstan’s calculations.” Kazakhstan’s accession to the Abraham Accords reflects...

2 weeks ago

From Tehran to Tashkent: How Iran’s Crisis and U.S. Tariffs Reverberate Across Central Asia

At the end of 2025, Iran once again emerged as a flashpoint on the global political map. Mass protests erupted across the country, fueled by spiraling inflation and economic hardship. At present, the Iranian rial has plummeted to the point where it is effectively worth less than the paper it's printed on. The current wave of unrest, already the largest and deadliest nationwide unrest Iran has seen since 2022, is not occurring in isolation. U.S. President Donald Trump has renewed what his administration describes as a policy of “maximum pressure” on Tehran, and his administration is now pursuing what observers have characterized as a strategy of “pushing the falling,” a move aimed at reshaping the political order of the Middle East. What might this mean for neighboring Central Asia? Tajik political analyst Muhammad Shamsuddinov argues the crisis must be viewed within a broader geopolitical context. “The situation in Iran is directly tied to Trump’s second-term pressure campaign,” Shamsuddinov said, referencing a string of destabilizing events. “These include the 12-day U.S.-Israel war against Iran and the reimposition of U.N. sanctions in September 2025," he added, referring to the 12-day June 2025 conflict between Israel and Iran, during which U.S. forces also struck Iranian nuclear facilities. "All of these have deepened the domestic crisis in Iran.” In a further escalation, on January 12, Trump announced 25% tariffs on countries conducting trade with Iran. The move appears targeted primarily at Russia, China, and India - Iran’s largest international partners, but also has implications for Central Asian economies. In the first nine months of 2025, trade between Kazakhstan and Iran grew by nearly 45%, reaching $310.8 million. Tajikistan, which maintains the closest economic ties to Tehran among Central Asian states, reported trade worth $430.7 million in the first eleven months of 2025, an increase of 28% over the same period in 2024. Uzbekistan, while less directly exposed to Iran than Kazakhstan or Tajikistan, has also moved cautiously in recent years to expand trade links with Tehran, making it sensitive to further sanctions pressure. Turkmenistan, meanwhile, faces its own exposure through gas swap arrangements involving Iran, which could become collateral damage of escalating regional tensions. Iranian investments in Tajikistan are also substantial. Among the most prominent projects is the Sangtuda-2 hydroelectric power plant, estimated at $256 million. The Iranian government contributed approximately $180 million, with an additional $36 million from an Iranian contractor. The remainder was financed by Tajikistan. According to official data, roughly 160 companies with Iranian capital are currently operating in Tajikistan across multiple sectors. In Kazakhstan, around 650 Iranian companies are registered, with over 350 operational, primarily in manufacturing, infrastructure, and agriculture. By contrast, trade between Iran and Russia, a strategic partner since the signing of a bilateral cooperation agreement in January 2025, increased by only 8% in the first nine months of 2025, according to official figures. Despite modest growth, Russian analysts view the figures optimistically. “Growth is happening under challenging geopolitical conditions, with sanctions, logistical restructuring, and financial hurdles,” said...

2 weeks ago