Our People > Dmitry Pokidaev

Dmitry Pokidaev

Journalist

Dmitry Pokidaev is a journalist based in Astana, Kazakhstan, with experience at some of the country's top media outlets. Before his career in journalism, Pokidaev worked as an academic, teaching Russian language and literature.

Articles

Transporter-18 Mission

Two Central Asian Satellites Reach Orbit on SpaceX Rocket

A single SpaceX rocket carried two Central Asian spacecraft into orbit: Kyrgyzstan’s first national satellite and a spacecraft developed with the participation of students in Kazakhstan. The Falcon 9 lifted off from Vandenberg Space Force Base in California on October 1 as part of the Transporter-18 rideshare mission. The flight carried 130 payloads into low Earth orbit. Kyrgyzstan’s satellite weighs about five kilograms and is designed for Earth observation, with its data intended to help monitor agriculture, water resources, and environmental change. A team of about 10 engineers worked on the spacecraft for roughly two and a half years. Kazakhstan’s NIS PocketQube is a cube measuring just 5 × 5 × 5 centimeters and weighing about 250 grams. The spacecraft was developed at NIS Astana-Nura, part of the Nazarbayev Intellectual Schools (NIS) network. The satellite project began in 2019, and the school established its NIS Space laboratory and introduced a course in space technology electronics the following year. Seventeen students worked on the satellite’s hardware and software and helped prepare it for testing. In December 2022, the spacecraft underwent thermal-vacuum and mechanical testing at Kazakhstan’s National Space Center. Specialists from Kazakhstan Gharysh Sapary, Kazakhstan’s national space company, and Ghalam, a Kazakh-French spacecraft joint venture, also participated in the project. Unlike Kyrgyzstan’s Earth-observation satellite, NIS PocketQube is primarily an educational project. NIS says a ground station will be installed to receive and process telemetry, giving students across Kazakhstan access to the data for research and engineering projects. Kazakhstan already operates communications and Earth-observation satellites. By 2030, the country plans to establish an international Earth-observation constellation of nine satellites: six from Kazakhstan and one each from Mongolia, the Republic of the Congo, and Nigeria.

4 weeks ago

Trans-Afghan Rail Corridor

Kazakhstan, Uzbekistan, and UAE Study CASA Rail Route to Indian Ocean

Kazakhstan, Uzbekistan, and the United Arab Emirates have agreed to study a proposed railway corridor through Afghanistan to Pakistan’s seaports. The transport ministries of Kazakhstan and Uzbekistan and the UAE Ministry of Energy and Infrastructure signed a memorandum on the Central Asia-South Asia (CASA) project on September 30. They agreed to study its technical and economic feasibility and examine possible financing. The memorandum leaves the route and construction timetable open and provides no cost estimate. Kazakhstan and Uzbekistan are both landlocked, and Uzbekistan is one of only two countries worldwide that must cross at least two national borders to reach the open sea. Kazakh authorities estimate that CASA could eventually carry up to 10 million tons of freight a year toward Karachi and Gwadar. Uzbekistan is working with Afghanistan and Pakistan on a railway from Termez through central Afghanistan to Kharlachi on the Pakistani border. The three countries agreed in July 2025 to prepare a feasibility study. Estimates put the cost at around $7 billion, although some have been higher. Kazakhstan is involved in a separate proposal from Torghundi on the Turkmen border through Herat and Kandahar to Spin Boldak near Pakistan. In April 2025, Kazakhstan and Afghanistan signed a protocol of intent, with the Torghundi-Herat railway and a logistics center in Herat envisaged as an initial stage. A new 43-kilometer section of the Khaf-Herat railway connecting Afghanistan with Iran was inaugurated on September 28. Kazakhstan’s Integra Construction KZ helped build it, and Afghan authorities say work is under way on further links from Herat toward the Turkmen and Pakistani borders. A study by the Moscow-based Institute of World Economy and International Relations (IMEMO) found that Afghanistan’s Taliban-led authorities had signed more than 15 railway-related agreements by March 2026. By then, no new mainline track had entered service under those initiatives, and active projects represented less than 1% of the estimated cost of the announced plans. Dauren Ilesaliev, a professor at Tashkent State Transport University, points to the need for steady freight. “Having railway infrastructure does not guarantee that it will work,” Ilesaliev said. Countries along the route would also need to agree on a through-tariff. Kazakhstan’s trade with Afghanistan could provide some of that freight. Bilateral trade reached $581.1 million in January-July 2026, with Kazakh exports accounting for $572.9 million. Flour accounted for $215.6 million and wheat for $122 million of those exports. Kazakhstan has also explored prospective mineral deposits in Afghanistan’s Nuristan Province and is discussing exports of locally assembled vehicles. In an interview with Novastan, Uzbek analyst Aziza Mukhammedova said a corridor’s value to Afghanistan would depend on the jobs and investment it generates there, alongside transit freight. She also cited unresolved financing as a challenge. The UAE sits outside the proposed route, and the memorandum names neither an Emirati company nor a possible investment amount. If a trans-Afghan line is built, Uzbekistan’s China-Kyrgyzstan-Uzbekistan railway could form part of a rail route from China to Pakistan. For Kazakhstan, CASA would provide an Indian Ocean outlet alongside the...

4 weeks ago

Digital Policy

Central Asia Common Digital Space Proposed at Astana Roundtable

Experts and business representatives from across Central Asia have proposed mutual recognition of electronic documents to make cross-border business easier. Their draft agreement also calls for closer alignment of rules on data and artificial intelligence. The draft Agreement on Cooperation among Central Asian States in Digital Policy and Artificial Intelligence Governance was presented at a regional roundtable in Astana on September 28. The business-led proposal aims to connect the region’s five digital markets, serving more than 80 million people. The initiative is being developed within B5+1, a business cooperation platform linking the United States and the five Central Asian states and designed as a private sector counterpart to the diplomatic C5+1 format. E-commerce and information technology are among its priority areas. Over the past year, the regional IT & AI working group has held consultations with entrepreneurs, industry associations, and experts. In the previous cycle, consultations involved business communities representing more than 60 companies and organizations from Central Asia and the United States, including Meta, Mastercard, and Google. Under the draft, the five countries would retain their own regulations while making their digital systems and laws more compatible. It covers electronic document management, digital identification, personal data protection, cybersecurity, and AI regulation. The proposals would allow electronic documents, electronic signatures, and digital identification tools to be recognized across borders. This could reduce administrative barriers for companies expanding into neighboring markets. “Our task is not to create another layer of regulation. We need to build digital bridges between the countries of Central Asia. If electronic documents, digital identification, data rules, and approaches to AI are mutually compatible, it will become significantly easier for technology companies to scale across the entire region,” said Aziza Shuzheeva, Chair of the Board of the TechnoWomen non-profit organization. A draft Code of Ethics for the Responsible Use of Artificial Intelligence in Central Asia was also presented in Astana. The document is advisory and sets out common ethical principles for the use of AI across the five countries. Its authors propose that decisions significantly affecting a person’s rights and interests should not be left solely to algorithms. Practices identified as unacceptable include harmful manipulation, exploitation of the vulnerabilities of children and other groups, discrimination, unlawful use of personal data, and the creation of synthetic content for fraud or other harmful purposes. Another priority is the development of language resources and datasets for Kazakh, Kyrgyz, Uzbek, Tajik, and Turkmen. The aim is to improve the ability of AI systems to work with the region’s languages. Similar forms of digital integration are already being developed elsewhere. In the European Union, the European Digital Identity framework is designed to allow digital identity wallets to be used across borders to access public and private services. ASEAN, meanwhile, concluded negotiations at the end of May 2026 on its Digital Economy Framework Agreement, or DEFA, covering digital trade, data, cybersecurity, AI, and other areas of regional digital integration. The proposals also overlap with efforts to digitize transport and trade. On September 28, the...

4 weeks ago

Grain Production

Kazakhstan Grain Harvest Nears 20 Million Tons Despite Dry Weather

Kazakhstan had harvested nearly 20 million metric tons of grain by late September, despite periods of dry and hot weather in parts of the country’s grain belt. The Agriculture Ministry expects the final harvest to exceed the long-term average, while disruption to Russian and Ukrainian exports through the Black Sea has added uncertainty to global wheat supplies. By September 29, farmers had harvested 13.5 million hectares, or 83% of Kazakhstan’s grain-growing area, producing 19.9 million metric tons of grain at an average yield of 14.7 centners per hectare, equivalent to 1.47 metric tons per hectare. Weather conditions varied considerably during the growing season. Parts of northern and central Kazakhstan experienced insufficient rainfall, while high temperatures created additional risks in some areas. However, later assessments by Kazhydromet described spring grain crops across much of the north as generally in good or excellent condition. Deputy Agriculture Minister Azat Sultanov said that under comparable dry conditions in previous years, yields had often fallen to 8-9 centners per hectare. The average recorded by September 29 was considerably higher, although harvesting is still underway in several of the country’s main grain-producing regions. From September 2025 through July 30, 2026, exports of grain and flour in grain equivalent reached 13.9 million metric tons, according to Kazakhstan Temir Zholy data cited by the Agriculture Ministry. That was 12.6% higher than during the same period a year earlier. Uzbekistan remained the largest buyer, importing 5.8 million metric tons, while shipments to Afghanistan reached 2.4 million metric tons. Exports to Kyrgyzstan and Turkmenistan also increased. Attacks on vessels and port infrastructure have severely disrupted Russian and Ukrainian exports through the Black Sea, pushing buyers in parts of Asia, the Middle East, and Africa toward alternative suppliers. That may support demand for grain from other exporters, although Kazakhstan’s landlocked location remains a constraint. Transport costs and the capacity of rail and other export corridors have a direct impact on the competitiveness of Kazakh grain in more distant markets. The structure of Kazakhstan’s agricultural production is changing, with less land devoted to wheat and more acreage allocated to oilseeds and other crops. Farmers had harvested 2.4 million metric tons of oilseeds from 2.4 million hectares by September 29. The Agriculture Ministry forecasts a final crop of more than 5 million metric tons. Official statistics put Kazakhstan’s 2025 oilseed harvest at about 4.95 million metric tons. Cotton harvesting is also continuing in southern Kazakhstan, where water availability remains a major constraint. Sultanov said the area of cotton fields using drip irrigation had increased from about 3,000 hectares to 80,000 hectares over the past two years. By September 29, 70,500 metric tons of raw cotton had been harvested, with an average yield of 32 centners per hectare.

4 weeks ago

Asian Games

Kazakhstan’s Yasmina Toxanbayeva Stripped of Asian Games Gold Over Shoes

Kazakhstan’s Yasmina Toxanbayeva crossed the line first in the women’s marathon race walk at the Asian Games in Japan but was later disqualified over her footwear. The Kazakhstan Athletics Federation is challenging the decision, which followed a finding that her shoe model was not on World Athletics’ approved list. She completed the 42.195-kilometer race at the 2026 Asian Games in Aichi-Nagoya on September 27 in 3 hours, 22 minutes, and 20 seconds. China’s Danzengquzong finished nearly four minutes behind in 3:26:09, while her compatriot Ma Li recorded 3:32:26. According to Kazakhstan’s National Olympic Committee, officials checked the leading finishers’ shoes for compliance with World Athletics regulations. The model worn by Toxanbayeva was not on the approved list. Photographs and information about the footwear were sent to World Athletics, and the medal ceremony was postponed pending a ruling. World Athletics determined that the shoes did not meet its requirements. The Olympic Council of Asia confirmed her disqualification on September 28. The revised standings awarded Danzengquzong gold, Ma Li silver, and Japan’s Yukiko Umeno, who had initially finished fourth, bronze. The Kazakhstan Athletics Federation challenged the decision. It said Toxanbayeva had competed in ASICS shoes, but acknowledged that the specific model she wore was not on the World Athletics approved list. The federation also said her shoes had been inspected before the race and she had been cleared to start. The federation said it had filed a protest and a complaint against the decision and would continue to defend Toxanbayeva’s interests. It also acknowledged its own responsibility for ensuring compliance with competition regulations and technical requirements. World Athletics, the international governing body for track and field, maintains a database of shoes approved for competition. Athletes must use an approved model for the relevant discipline. Approval of other shoes made by the same manufacturer does not make an unlisted model eligible. The current Athletic Shoe Regulations were approved on March 19, 2026, and took effect on April 20. A similar footwear controversy had already affected the medal standings at the current Asian Games. Iranian heptathlete Fatemeh Mohitizadeh was disqualified after officials ruled that the shoes she used during the long jump did not comply with World Athletics regulations. Her disqualification moved Kazakhstan’s Alina Chistyakova from fourth to third, giving her the bronze medal. The Kazakhstan Athletics Federation said that regardless of the outcome of its challenge, it would pay Toxanbayeva the prize money she would have received for winning the event from its own funds. “For us, Yasmina is the champion. The Federation will continue to support her,” it said. As previously reported by The Times of Central Asia, Kazakh cyclist Alexey Lutsenko won the sixth Asian Games gold medal of his career at Aichi-Nagoya, setting a national record for the most Asian Games titles won by a Kazakh athlete.

4 weeks ago

Chess

Kazakhstan’s Timur Turlov Elected FIDE President

Timur Turlov, founder and CEO of Freedom Holding Corp. and president of the Kazakhstan Chess Federation, has been elected president of the International Chess Federation (FIDE). At 38, he became the second-youngest person to lead FIDE and the first representative of Kazakhstan to hold the position. The election took place on September 26 in Samarkand during the FIDE General Assembly. Turlov defeated German businessman Wadim Rosenstein in the second round by 110 votes to 85. In the first round, Turlov received 96 votes and Rosenstein 76; a third German candidate, Jan Henric Buettner, received 20. Former world champion Viswanathan Anand was his running mate for deputy president. Turlov became FIDE’s eighth president, succeeding Arkady Dvorkovich, a former Russian deputy prime minister who led the organization for two terms from 2018 to 2026. “We are all one family and we will continue working as one. This is a great responsibility and a vote for a better future of our sport,” Turlov said after the results were announced. Born in 1987, Turlov has headed the Kazakhstan Chess Federation since January 2023. He chairs the Turkic Chess Association, which brings together the chess federations of Azerbaijan, Kazakhstan, Kyrgyzstan, Turkmenistan, Turkey, and Uzbekistan. He is also the founding president of the International School Chess Federation, established in September 2024. Turlov was already a prominent figure in international chess as a major sponsor. According to FIDE, Freedom Holding Corp. allocated around $30 million to chess development in Kazakhstan over three years and supported more than 20 major international FIDE tournaments. Earlier in September, the company became General Partner of the 2026 FIDE World Championship Match. Freedom Holding Corp. is a Nasdaq-listed financial services group whose businesses include brokerage, banking, insurance, telecommunications, and digital services. Turlov founded the business in 2008, and its shares began trading on Nasdaq in 2019. According to FIDE, its market capitalization was approaching $11 billion at the time of the election. Turlov’s election coincided with major results for Central Asian teams at the Olympiad. Uzbekistan won the Open section in Samarkand after defeating Ukraine 2.5-1.5 in the final round. It was the Uzbek team’s second Olympiad gold after its victory in Chennai in 2022. India took silver and Germany bronze. Turlov’s election coincided with further success for Central Asian chess, as Uzbekistan won the open competition in Samarkand after defeating Ukraine 2.5-1.5 in the final round. It was the Uzbek team’s second Olympiad gold after its victory in Chennai in 2022. India took silver and Germany bronze. In the women’s competition, China took gold, while Kazakhstan won silver for the second consecutive Olympiad after a 2-2 draw with Poland in the final round. Kazakhstani player Elnaz Kaliakhmet won individual gold on board four, and India took bronze.

1 month ago

Military Deaths

Kazakhstan Orders Military Overhaul After 14 Die in Caspian Drills

Kazakh President Kassym-Jomart Tokayev has replaced the country’s defense minister, three days after 14 servicemen were killed during military exercises in the Caspian Sea. Tokayev appointed Aidos Myrzakhmetov to lead the ministry, ordered a broad inspection of the Defense Ministry, and gave officials ten days to prepare a military reform plan. Dauren Kosanov, who had held the role since June 2025, was dismissed on September 27. On the same day, Tokayev appointed Myrzakhmetov and introduced him at a meeting of senior Defense Ministry officials. Myrzakhmetov, 45, is a career officer who spent much of his career in the State Guard Service before being appointed commander of the Armed Forces’ Special Operations Forces in January 2024. He graduated from the National Defense University in 2025 and holds the rank of major general. [caption id="attachment_57120" align="aligncenter" width="750"] New Defense Minister of the Republic of Kazakhstan meets with the President; image: Akorda[/caption] Political analyst Adil Seifullin said the appointment appeared to continue a practice of moving officers with State Guard Service experience into senior government roles where officials face difficult decisions. He said Myrzakhmetov’s combination of experience in the service and direct command of the Special Operations Forces may have been among the factors behind his selection. Tokayev set several priorities for the new minister, including reassessing the effectiveness of military spending, overhauling the command system, accelerating digitalization, and using technology instead of personnel for dangerous tasks where possible. He also said appointments to command positions should be based on experience and professional qualifications “rather than the principle of personal loyalty.” “Our army is stuck in the last century,” Tokayev said, calling for the command system to be rebuilt using international experience. The Security Council staff and Defense Ministry have ten days to prepare a phased military reform plan, which is due to be considered at a Security Council meeting in the second half of October. Tokayev specifically instructed officials not to produce another set of lengthy concepts and road maps, but to propose concrete measures. The overhaul follows the deaths of 14 servicemen during the Khazar Qorgany 2026 exercises in the Mangystau region on September 24. Seventeen servicemen were swept into the sea during a personnel landing operation from the Qaisar boat. Three were rescued, and 14 died. September 25 was declared a day of national mourning in Kazakhstan. The Interior Ministry’s military investigative department opened a criminal case over suspected negligence and violations of navigation rules. Five members of the military command were subsequently detained as suspects. These included the chief of staff and first deputy commander-in-chief of the Naval Forces, two military unit commanders, a Marine Corps company commander, and the commander of the boat. The Times of Central Asia previously reported on the tragedy and investigation, as well as the response of victims’ relatives. The tragedy also raised questions about how the landing operation itself was organized. Azerbaijani military expert and reserve colonel Shair Ramaldanov said that, as he understood it, the Qaisar normally carried a crew of four...

1 month ago

Mining Investment

Kazakhstan’s Solidcore to Invest $25 Million in Japan Gold Exploration

Solidcore Resources, a leading Kazakhstan-based gold producer, is expanding into exploration in Japan. The company will invest $25 million in gold exploration across five project areas on the islands of Hokkaido and Kyushu, with the option to acquire interests of up to 80% in individual projects if exploration proves successful. Solidcore has partnered with Canada-based Japan Gold Corp., a company focused on mineral exploration in Japan. It has also acquired an 18.81% stake in Japan Gold for $6.85 million. If it exercises warrants allowing it to buy additional shares, its interest could rise to 19.9% on a partially diluted basis. Solidcore produces gold in Kazakhstan, and its shares are traded on the Astana International Exchange. In 2025, the company produced 395,000 ounces of gold equivalent, 19% less than a year earlier. Higher gold prices nevertheless pushed revenue up 13% to $1.5 billion. The partnership covers Hakuryu, Bajo, Mizobe, Ryuo, and Aibetsu, five of Japan Gold’s project areas. Three are on Hokkaido and two on Kyushu. Several are close to historic gold mines, while much of the surrounding territory remains underexplored using modern methods. At Hakuryu, drilling has already identified zones of high-grade gold mineralization. Geophysical surveys at Bajo detected anomalies interpreted as possible extensions of mineralized structures, with strike lengths of more than one kilometer. Mizobe lies in an area with geology similar to Hishikari, Japan’s largest commercially operating gold mine, which produced around 9 million ounces of gold between 1985 and 2025. Ryuo and Aibetsu include areas of historic mining. The Tokusei mine within Aibetsu produced 39,000 ounces of gold and 473,000 ounces of silver between 1930 and 1942. Solidcore CEO Vitaly Nesis said the company was attracted by the potential for large-scale gold discoveries and Japan’s relatively limited modern exploration. “Japan Gold’s license portfolio stands out to us. It has the makings of a large-scale, generational gold district with a distinctive style of geology that we have been historically successfully working with, in a stable, well-regulated, developed and notably under-explored jurisdiction,” Nesis said. Japan Gold holds mineral rights covering more than 3,000 square kilometers. In addition to the five project areas included in the agreement, it retains another 22 projects. The $25 million will fund drilling and other exploration work over three years rather than the purchase of developed deposits. After completing the program, Solidcore will be able to select the most promising areas and earn a 49% direct interest in one or more of them. If further studies indicate that mining could be economically viable, Solidcore will have the option to increase its interest first to 70% and then to 80%. To do so, it will have to fund a pre-feasibility study and then a bankable feasibility study for each selected project. Japan Gold Chairman and CEO John Proust said Solidcore’s strategy of expanding its reserves through geographic diversification fits with his company’s work building an exploration portfolio in Japan. The deal marks an overseas expansion for a major Kazakhstan-based gold producer. Within Kazakhstan, exploration and reassessment...

1 month ago

Cycling

Alexey Lutsenko Makes Asian Games History With Sixth Gold

Kazakhstani cyclist Alexey Lutsenko won the men’s road race at the 2026 Asian Games in Aichi-Nagoya, Japan, becoming his country’s most successful athlete in Asian Games history. The victory gave the 34-year-old his sixth Asian Games gold medal as he prepares to end his professional career. On September 23, Lutsenko completed the 160.5-kilometer race in 4 hours, 13 minutes, and 11 seconds. His teammate Yevgeniy Fedorov finished second, 1 minute and 58 seconds behind. Another Kazakhstani rider, Nicolas Vinokurov, the son of Olympic champion Alexander Vinokurov, helped control the race for the team and finished seventh. His second gold at the current Games came on September 20, when he won the individual time trial for the fourth consecutive Games, a discipline in which riders race individually against the clock. Lutsenko covered the 32.4-kilometer course in 41 minutes, 24.05 seconds, beating silver medalist Shunsuke Imamura of Japan by more than a minute and a half. Before the Games in Japan, Lutsenko had won four Asian Games gold medals. He won the individual time trial in 2014, 2018, and 2022, and also took gold in the road race in Jakarta in 2018. His fifth gold brought him level with Kazakhstan’s previous record holder, canoeist Konstantin Negodyayev, who won three titles at the 1994 Asian Games in Hiroshima and two more at the 1998 Games in Bangkok. His sixth victory put Lutsenko alone at the top. “I did my job,” Lutsenko said after the race. “The Asian Games, like the Olympics, take place once every four years. As a national team athlete, I prepared responsibly for these events and didn’t think about any records. I did my maximum and brought a medal to the country. That is what matters most. I’m not such a young rider anymore, because cycling is now increasingly focused on youth. A new generation is coming through. But I’m glad they believed in me, gave me a chance, and I fully justified their trust.” Lutsenko plans to retire in the near future. He said he had made the decision at the end of last year. “Time passes. Cycling is changing. Young riders are coming through and producing strong results from an early age. I have done my maximum. Six Asian Games gold medals, stage wins at the biggest Grand Tours. I am proud of what I have done over 15 years in professional sport. Now I have won two gold medals. And this is the best moment to end my career in the near future,” he said. During his professional career, Lutsenko has won stages at two of cycling’s three Grand Tours, the sport’s most prestigious stage races: the Vuelta a España in 2017 and the Tour de France in 2020. By the evening of September 23, Kazakhstan was fourth in the medal standings with seven gold, four silver, and eight bronze medals, behind China, Japan, and South Korea. All five Central Asian countries had won medals at the Aichi-Nagoya Games. Tajikistan had won two gold medals and Uzbekistan...

1 month ago

Oil and Gas

Kazakhstan to Auction 56 Oil and Gas Blocks

Kazakhstan will auction 56 oil and gas blocks across seven regions, offering investors a new round of exploration and production rights beyond its largest operating fields. The auction will take place on December 25, 2026, on the e-Qazyna platform, with applications accepted through November 18. The December round will take the number of blocks offered in 2026 to 112. December 25 is a normal working day in Kazakhstan, although the date coincides with Christmas Day in many countries whose energy companies are potential investors. The 56 blocks are spread across seven regions, including Kazakhstan’s main western oil-producing areas as well as Ulytau, Kostanay, and Kyzylorda. Most are being offered for exploration and subsequent production, while four are available directly for hydrocarbon production. Kazakhstan is already a major oil producer. According to the U.S. Energy Information Administration (EIA), the country held around 30 billion barrels of proved oil reserves as of January 1, 2025, while production of petroleum and other liquids averaged an estimated 1.9 million barrels per day in 2024. Tengiz, Kashagan, and Karachaganak are the country's primary sources of oil production. Under the auction terms, companies securing rights to the new blocks must carry out geological exploration and drilling within specified time frames. An exploration project must be prepared within one year after the contract is signed, required 2D seismic surveys must be completed within three years, and at least one well must be drilled within four years where stipulated by the terms of the individual block. During production, companies must annually allocate an amount equal to 1% of the previous year's production costs to training Kazakhstani specialists and another 1% to research and development in Kazakhstan. A further 1% of investment under the contract must go toward regional development and local infrastructure. Minimum local-content requirements are 70% for works and services and 30% for goods. Kazakhstani citizens must account for at least 80% of managers and their deputies, 90% of department heads, and all staff classified as specialists or skilled workers. For fields with initial geological reserves exceeding 100 million tons of oil or 50 billion cubic meters of gas, additional requirements apply. Contracts must include at least one commitment to establish or modernize processing facilities, supply hydrocarbons for processing in Kazakhstan, or implement another investment or socioeconomic project. The Times of Central Asia previously reported that more than 20 promising oil and gas structures had been identified in the country's Aral Basin.

1 month ago

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