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Football

Astana to Host Central Asia’s First UEFA Super Cup

Astana will host the 2028 Union of European Football Associations (UEFA) Super Cup, the first such match to be held in Kazakhstan or anywhere in Central Asia. To stage one of the major fixtures of the European club season, Astana Arena will have to replace its recently installed artificial turf with natural grass and undergo further upgrades. UEFA’s Executive Committee, the governing body of European soccer, selected Astana at a meeting in Thessaloniki on September 15. The match will bring together the winners of the 2027/28 Champions League and Europa League. The Super Cup is played as a single match between the holders of UEFA’s two leading men’s club trophies. In 2027, it will be staged at the Johan Cruijff Arena in Amsterdam. A year later, the trophy will be contested in Central Asia for the first time. For Kazakhstan, the decision follows several years of work on hosting a major UEFA fixture. In the bidding process launched in 2025, the country sought to host the Conference League finals, the third tier of UEFA men’s club competition, in 2028 and 2029. Those finals ultimately went to Turin and Budapest, respectively, while UEFA separately awarded Astana the 2028 Super Cup. Kazakhstan Football Federation (KFF) General Secretary Scott Munn said the federation had been working on the project for several years. Astana Arena has a capacity of around 30,000 and holds UEFA Category 4 status, the organization’s highest stadium classification. Kazakhstan’s national team regularly plays there, and in the 2015/16 season FC Astana hosted its Champions League group-stage opponents at the stadium. Kieran Maguire, a soccer finance expert and lecturer at the University of Liverpool Management School, sees Kazakhstan’s experience in hosting international matches as one of the strengths of its bid. UEFA’s familiarity with the stadium and the federation’s experience organizing European fixtures would reduce operational risks, but Maguire said the bid’s quality was ultimately decisive. A major renovation of the stadium was completed only recently. The arena closed for repairs in 2024, with work covering the roof and its retractable mechanism, engineering and fire-safety systems, screens, media systems, and ticketing infrastructure. The old pitch was also replaced with new heated artificial turf, which received UEFA certification in December 2024. Kazakh media reported that around KZT 15 billion, or about $28 million, was allocated for the renovation. In January 2025, the Astana City Maslikhat, the capital’s elected representative body, reported that the renovation had been completed in line with UEFA recommendations. Ayan Alzhanov, head of the KFF’s International Relations Department, said UEFA specialists will conduct another inspection of the arena and determine what additional work is required. “Astana Arena has UEFA Category 4 status. Our national team has played many official matches here, and Champions League games have been held here. So UEFA knows our stadium," Alzhanov said. The cost of preparing for the Super Cup has not yet been announced. It is also unclear whether the natural-grass pitch will remain after the match. Another challenge is distance. Astana is considerably...

2 weeks ago

Sportsmanship

Kazakhstan’s MMA Gold Medalist Comforts Tajik Opponent at Asian Games

A mixed martial arts (MMA) fighter from Kazakhstan embraced and comforted his distressed Tajik opponent after defeating him to win gold at the Asian Games in Japan. It was one of the more striking scenes so far at the Games, which began on September 19 and run until October 4. China was at the top of the medal standings with 78 medals, including 48 golds, on Wednesday. Japan and South Korea were in second and third place, respectively. Kazakhstan was fourth with 19 medals, including seven golds. Kadyrbek Shynbayev, a 22-year-old MMA fighter from Kazakhstan, won Tuesday’s final in the up-to-71-kilogram weight category, beating 25-year-old Behruz Khurshedzoda of Tajikistan by a 3-0 judges’ decision. The fighters were competing in the “modern” variant of the combat sport, in which they wear shorts and a rash guard, or tight athletic shirt, instead of the traditional gi, which consists of a jacket, pants, and a belt. Shynbayev let out a roar of triumph after the result was announced, and his team celebrated on the sidelines. He paraded for a moment with a national flag wrapped around his shoulders, but then noticed Khurshedzoda on his knees on the competition mat, visibly overcome by his loss. Shynbayev, in blue, approached his red-clad adversary and embraced him. Still wearing their bulky gloves, the two men talked. Khurshedzoda tapped his own head with his glove. Then the pair stood up together and hugged one more time as videographers and photographers recorded the scene at the Nagoya City Inae Sports Center. The Sports.kz news portal described Shynbayev’s actions as a “beautiful gesture” and posted a video of the scene on Instagram. Kazakhstan’s Jibek Joly TV showed Shynbayev and other medal winners being welcomed at Almaty airport after returning from the Asian Games. Shynbayev also won the Asian MMA Championship title in January. At that time, Kazakhstan’s Ministry of Defense identified him as a military private. Tajik media, including the state-run Khovar news agency, reported on Khurshedzoda’s contested road to the final in Japan. In the semifinal, judges awarded victory to his opponent, Yryskeldi Duisheev of Kyrgyzstan, but Tajikistan’s delegation appealed, and the decision was reversed in Khurshedzoda’s favor. Duisheev received a bronze medal. MMA includes striking, grappling, throwing, and submission techniques. The sport made its debut at the 2026 Asian Games, which are being held across Aichi Prefecture, including Nagoya. The Asian Games are held every four years.

2 weeks ago

Archaeological Heritage

In Search of Immortality: A Journey Through the Land of Korkyt Ata

On the steppe near the Syr Darya, the wind itself plays the Korkyt Ata Memorial Complex. Passing through 40 metal pipes inside the monument, it produces a long, haunting sound intended to evoke the kobyz, a traditional bowed instrument closely associated with Korkyt Ata. The memorial stands in Karmakshy District of Kyzylorda Region, 18 kilometers northwest of the village of Zhosaly. Built in 1980 by architect Bek Ibrayev and physicist and acoustician Sovet Isatayev, the complex was extensively reconstructed in 2014. [caption id="attachment_56742" align="aligncenter" width="1538"] Korkyt Ata Memorial Complex[/caption] Korkyt Ata, known in other Turkic traditions as Dede Qorqud or Dede Korkut, is a legendary sage, musician, and storyteller. In Kazakh tradition, he is closely associated with the kobyz. [caption id="attachment_56777" align="aligncenter" width="1536"] The kobyz, a traditional bowed instrument associated with Korkyt Ata[/caption] In 2018, the epic culture, folk tales, and music associated with Korkyt Ata were added to UNESCO’s Representative List of the Intangible Cultural Heritage of Humanity following a joint nomination by Kazakhstan, Azerbaijan, and Turkey. UNESCO describes the tradition as comprising 12 heroic legends and 13 traditional musical compositions passed down through generations. The Kazakh version of this story has its own landscape: the banks of the Syr Darya. “According to legend, Korkyt learned that he was destined to die at the age of 40 and set out in search of a place where death could not reach him. He traveled through different lands, but wherever he went, he saw graves,” says journalist and tour guide Mira Zhakibayeva. [caption id="attachment_56751" align="aligncenter" width="1536"] Mira Zhakibayeva[/caption] Korkyt returned to the Syr Darya and made a kobyz from wood, camel skin, and horsehair. When he played, the world around him seemed to stand still. In folk memory, music became his answer to death: a person cannot live forever, but what they create can outlive them. The memorial’s architects translated the legend into metal and stone. Four vertical steles resemble a kobyz, while the metal pipes inside sound in the wind, making the monument seem to change its voice with the weather. Nearby are a museum, an amphitheater, and the so-called Pyramid of Wishes. Visitors circle the structure before entering to make a wish. The museum offers a closer look at the tradition of the kui. In Kazakh culture, a kui is an instrumental composition traditionally associated with a story, mood, or image. Korkyt is considered one of the earliest figures in the kobyz kui tradition. The landscape around the memorial preserves much older layers of history. [caption id="attachment_56774" align="aligncenter" width="1774"] Archaeological finds from ancient Zhankent[/caption] Not far away lies Zhankent, also known as Yangikent, a medieval city in the lower reaches of the Syr Darya. It is closely connected with the history of the Oghuz, a confederation of Turkic tribes that played an important role in Central Asia in the early Middle Ages. Zhankent stood along routes connecting Central Asia’s agricultural oases with the Eurasian steppe. Archaeological excavations have uncovered residential quarters and evidence of irrigation and metalworking. “It is...

2 weeks ago

Intra-regional trade

Central Asia Trade Rises 25% as Kazakhstan and Uzbekistan Dominate

Central Asian countries are trading more actively with one another, although the regional market continues to be dominated by its two largest economies, Kazakhstan and Uzbekistan. In January-July 2026, the five countries exported $8.1 billion worth of goods to their neighbors, up 25.4% from a year earlier. Kazakhstan and Uzbekistan accounted for more than 80% of those shipments. Smaller bilateral routes have expanded as well. Uzbekistan’s trade with Kyrgyzstan increased by more than half, while trade with Tajikistan rose by 45%. Trade between Kyrgyzstan and Tajikistan rose by a factor of 3.3 after several years of border closure and sharply reduced economic ties. In absolute terms, trade between Kazakhstan and Uzbekistan remains the region’s largest bilateral flow. The figures were published by Uzbekistan’s Center for Economic Research and Reforms (CERR). Kazakhstan remains the region’s largest exporter. Over the seven-month period, it shipped $4.5 billion worth of goods to its neighbors, accounting for 55.9% of total intra-regional exports. Uzbekistan exported $2 billion, representing another 24.7%. Kazakhstan’s Central Asian neighbors still account for a relatively small share of the country’s overall foreign trade. In January-July, its total foreign trade turnover amounted to $87.75 billion. Central Asia accounted for around 6.7% of Kazakhstan’s total trade and 8.9% of its exports. By contrast, Kyrgyzstan’s trade volumes are much smaller, but neighboring markets are considerably more important to the country’s exporters, absorbing almost one-third of its exports. During the same period, Kyrgyzstan exported $523 million worth of goods to its neighbors and imported nearly $1.5 billion. Tajikistan buys considerably more from its neighbors than it sells to them. Its imports from Central Asia increased by 35% to $1.2 billion, while exports rose 6.2% to $209 million. Kazakhstan and Uzbekistan account for around 94% of Tajikistan’s trade with the region. Figures reported by Turkmenistan’s trading partners show that the country exported $844 million worth of goods to neighboring countries. Uzbekistan and Kazakhstan remain its main regional markets. The Eurasian Development Bank estimated that trade among Central Asian countries reached $12.3 billion in 2025, nearly double the 2020 level. Kazakhstan accounted for 54% of regional exports, as The Times of Central Asia previously reported. New transport and energy links are developing alongside intra-regional trade. In February, the World Bank approved an $846 million guarantee to mobilize $1.41 billion in commercial financing for a railway project in Kazakhstan. The project includes construction of the 201-mile Mointy-Kyzylzhar railway line on Kazakhstan’s section of the Trans-Caspian International Transport Route, or Middle Corridor. The new line is expected to shorten the route by 149 kilometers and relieve congestion on heavily used sections of the corridor. Central Asian countries are seeking closer integration of their power systems. In January, the World Bank approved the 10-year Regional Electricity Market Interconnectivity and Trade Program, with indicative financing of more than $1 billion, to establish Central Asia’s first regional electricity market. Cross-border electricity trade currently amounts to only around 3% of the region’s total electricity demand. In an earlier CERR analysis, researcher Ruslan Abaturov argued...

2 weeks ago

Cold War

Opinion: Weaponizing Faith – The Cold War Roots of Central Asia’s Security Dilemma

Central Asia’s contemporary security dilemma is partly rooted in Cold War strategies that transformed Muslim identity into a factor of geopolitical competition. Washington viewed Soviet Central Asia’s Muslim populations as a potential pressure point against Moscow. The Soviet Union itself mobilized Central Asian Muslim personnel during its intervention in Afghanistan. These policies did not alone create later radical movements, but they contributed to a regional environment where existing grievances, ideological narratives, and transnational networks could be redirected and intensified. The origins of Washington’s interest in Soviet Muslim populations as a strategic factor emerged during the final years of the Cold War. In 1977, the Nationalities Working Group, an interagency task force within the National Security Council, was established to examine vulnerabilities among the Soviet Union’s non-Russian nationalities. Declassified U.S. records show that American officials studied ethnic, cultural, and religious identities as possible sources of pressure against Moscow. Following the Soviet invasion of Afghanistan in December 1979, this approach became part of Washington’s broader effort to weaken Soviet influence. Through Pakistan’s Inter-Services Intelligence (ISI), the United States provided assistance to Afghan resistance organizations, while Saudi Arabia contributed significant financial support. Pakistan’s military government under General Zia-ul-Haq favored Islamist factions among Afghan resistance groups, helping connect military assistance with religious mobilization against Soviet forces. During his visit to the Khyber Pass in early February 1980, U.S. National Security Adviser Zbigniew Brzezinski addressed Afghan resistance fighters, declaring: "That land over there is yours. You will go back to it one day because your cause is right and God is on your side." The remarks reflected how the anti-Soviet struggle was framed not only in geopolitical terms but also through religious language and symbolism. [caption id="attachment_56711" align="aligncenter" width="2560"] Soviet T-62 tank leaving Afghanistan; image: U.S. Department of Defense.[/caption] The Afghan conflict was also fought through education and information campaigns. Between 1986 and 1992, the U.S. Agency for International Development (USAID) funded an approximately $50 million educational program through the University of Nebraska–Omaha’s Center for Afghanistan Studies for Afghan refugees and schools. Research has shown that some textbooks incorporated violent imagery, references to weapons and combat, and themes glorifying holy war and the duty of martyrdom. Produced for wartime Afghanistan, these materials reflected, and arguably helped sustain, a militarized ideological environment. Islamic religious life in Central Asia had its own deeper roots. Despite Soviet restrictions, religious learning survived through underground hujra networks and unofficial scholarship. Figures such as Muhammadjon Hindustoniy-Rustamov, born in the Fergana Valley and later one of Soviet Central Asia’s most influential unofficial Islamic scholars, shaped generations of students even as Afghanistan became an arena of international rivalry during the 1980s. Moscow also used Central Asian Muslim identity for strategic purposes. The 154th Separate Spetsnaz Detachment, known as the “Muslim Battalion,” was composed largely of Uzbek, Tajik, and Turkmen soldiers from the Soviet Turkestan Military District. The unit participated in Operation Storm-333 in December 1979, the Soviet operation that killed Afghan President Hafizullah Amin and installed Babrak Karmal. The selection of Central Asian...

2 weeks ago

Russian Fuel Exports

Russian Diesel Returns, but Kyrgyzstan and Tajikistan Remain Exposed

Russia sharply increased diesel supplies to Kyrgyzstan and Tajikistan in August after a summer slump in Russian fuel exports strained both countries’ markets and pushed prices higher. But the August rebound underscored a weakness already exposed over the summer: disruptions at Russian refineries can quickly ripple through fuel markets across both countries. In August, Kyrgyzstan received more than 72,000 tons of Russian diesel, up from just 4,400 tons in July. Supplies to Tajikistan rose from 16,000 tons to more than 56,000 tons, around 3.5 times the July level. Overall, Russia exported more than 370,000 tons of diesel to Kazakhstan, Kyrgyzstan, Tajikistan, and Mongolia in August, more than double the July volume. Kazakhstan received around 28,000 tons after no deliveries in July, while Mongolia imported about 215,000 tons. Russia's diesel production recovered to around 170,000 tons per day in August, but Moscow maintained restrictions on exports to protect its domestic market, with exceptions for countries covered by intergovernmental agreements. The summer disruption showed that such arrangements do not insulate Kyrgyzstan and Tajikistan from falling production at Russian refineries. Kyrgyzstan Starts to Diversify Kyrgyzstan consumes around 1.6 million tons of petroleum products a year and receives the overwhelming majority of its imports from Russia. The summer disruption pushed Bishkek to look for additional sources. The authorities discussed purchases from Kazakhstan, Belarus, Azerbaijan, Uzbekistan, and Turkmenistan. Belarusian deliveries began arriving in July, while China also sent an initial batch of fuel. In August, Kyrgyz officials opened talks with China’s Sinopec over further supplies. Another option is to refine more crude oil domestically. In August, 35,000 tons of crude were shipped through Kazakhstan to Kyrgyzstan for processing at local refineries. The new route gives Bishkek another way to source feedstock while reducing its dependence on finished gasoline and diesel from Russian refineries. The 72,000 tons of Russian diesel delivered in August largely offset July’s collapse rather than establishing a new level of supply. Tajikistan's Options Tajikistan is even more dependent. In the first half of 2026, the country imported 599,500 tons of petroleum products worth $494.7 million. Russia accounted for 91.1% of those supplies. Diesel imports totaled 300,200 tons. The reduction in supplies became visible on the streets of Dushanbe over the summer. In early July, diesel disappeared from some filling stations, while others limited purchases to 20 liters per vehicle. By late July, prices at some stations had reached 17–18 somoni (about $1.90) per liter. As of August 31, the average price was around 16.5 somoni, compared with approximately 11 somoni in early June. Dushanbe responded by increasing purchases from neighboring countries. In July, imports of gasoline, diesel, and jet fuel from Kazakhstan, Uzbekistan, and Turkmenistan roughly tripled to 34,000 tons. But average monthly imports of these fuels from all suppliers in the first half of the year were around 97,000 tons. Neighboring suppliers can cover part of the shortfall, but for now they cannot quickly replace Russian volumes. In July, the presidents of Tajikistan and Kazakhstan discussed increasing supplies of Kazakh petroleum...

2 weeks ago

Customs Modernization

Turkmenistan Looks to AI in Customs Modernization Drive

Customs specialists in Turkmenistan discussed the use of artificial intelligence in their work during a seminar last week, as the country steps up efforts to modernize trade systems and expand its role in the Caspian Sea transit corridor. The three-day training course in Ashgabat drew about 30 customs experts and was held at a regional training center. Turkmenistan’s State Customs Service said the event was part of a European Union-funded project to promote trade on the corridor, which links China and Central Asia to Europe by rail and maritime transport. The trainer at the seminar was Sertaç Yapıcı, whose LinkedIn page identifies him as a department head at the Directorate General of Customs Enforcement in Turkey. Yapıcı discussed risk management systems in customs offices and “demonstrated the effectiveness of modern methods of data analysis and the use of artificial intelligence technologies with specific examples,” the Turkmen customs authority said. The customs specialists discussed how to identify risks associated with goods and vehicles crossing borders and how “to adapt the best international approaches to the conditions of our country,” the authority added. The World Customs Organization and the customs service established the center in Ashgabat under a 2025 agreement.

2 weeks ago

Educational Investment

Coventry Expands in Kazakhstan, Strengthening Central Asia’s International Education Center

Coventry University Kazakhstan marked the next stage of its expansion on September 21 with a capsule-laying ceremony for new facilities in Astana, adding to a growing network of British educational institutions operating in the country. Lord John Alderdice, the United Kingdom’s Trade Envoy to Azerbaijan and Central Asia, said the project represented more than the construction of another university building. “Today we are not simply marking the construction of a new building. We are investing in people, in knowledge, and in the future of Kazakhstan.” [caption id="attachment_56593" align="alignnone" width="300"] Lord John Alderdice, the UK Trade Envoy to Azerbaijan and Central Asia, speaks at the capsule-laying ceremony for Coventry University Kazakhstan’s new campus in Astana. Image: Coventry University Kazakhstan[/caption] Alderdice has served as the UK’s Trade Envoy to Azerbaijan and Central Asia since January 2025. He is also a member of the House of Lords and previously served as Speaker of the Northern Ireland Assembly. Coventry University Kazakhstan has grown rapidly since opening in September 2024. Alderdice said its first intake numbered 95 students. The Ministry of Science and Higher Education now reports more than 850 students. Alderdice said applications were coming from neighboring countries as well as Kazakhstan. Kazakhstan’s Minister of Science and Higher Education, Sayasat Nurbek, placed Coventry’s development within the country’s broader effort to invest in human capital and build skills relevant to Kazakhstan and the wider Central Asian region. Pointing to Kazakhstan’s natural resources, critical minerals, nuclear energy and agriculture, Nurbek emphasized that realizing their economic potential depends on developing the people and expertise needed to create greater value from them. [caption id="attachment_56594" align="alignnone" width="300"] Kazakhstan’s Minister of Science and Higher Education, Sayasat Nurbek, speaks at the capsule-laying ceremony for Coventry University Kazakhstan’s new campus in Astana. Image: Coventry University Kazakhstan[/caption] The expansion comes as Kazakhstan develops an increasingly international education sector, bringing foreign universities and schools into the country while seeking to attract students from across Central Asia. Kazakhstan’s Ambassador to the United Kingdom, Alibek Bakayev, placed Coventry’s expansion within the broader development of educational ties between Kazakhstan and Britain, linking it to President Kassym-Jomart Tokayev’s emphasis on education. Bakayev explained that President Tokayev has made it clear that education is the foundation of the national economy and the country’s future, and that Kazakhstan must not only learn from the world but also bring the world’s best knowledge and practices to the country. He cited Coventry, Cardiff, De Montfort and Heriot-Watt universities, together with Ardingly and Charterhouse, as part of a growing education bridge between the two countries. The growing international education presence is also extending Kazakhstan’s reach beyond its domestic market. Coventry’s applications from neighboring countries provide one indication of that regional pull. Education Takes Larger Role in UK-Kazakhstan Relations Bakayev broadened the point to the overall relationship between Astana and London. He described education as one of the foundations of bilateral relations and pointed to the Kazakhstan-UK Strategic Partnership and Cooperation Agreement, saying it gives the relationship greater institutional depth across politics, trade, investment,...

2 weeks ago

Nature Investment

Opinion: Financing Nature: Why Biodiversity Investment Matters for Central Asia

Just imagine: only 50 years ago, wildlife was far more abundant across many of the world’s forests, grasslands, rivers, and seas. According to the World Wide Fund for Nature’s Living Planet Report 2024, the average size of monitored vertebrate populations fell by 73% between 1970 and 2020, based on data from almost 35,000 populations worldwide. That extraordinary decline has taken place within a single human lifetime. We are used to treating this as an environmental statistic, a sad fact trotted out in a nature documentary to which we have little emotional connection. Seen this way, we miss a vital truth: food, agriculture, construction, and forestry all depend immensely on natural systems. Pollination, water filtration, soil fertility, and flood control are among the functions that biodiversity provides for us. When that infrastructure fails, the economy built on top of it becomes more expensive, then less reliable, and eventually, in some places, unworkable. Emergency Room Most of what passes for environmental action today is triage. A river floods a city that paved over its wetlands, and engineers are called in to build higher walls. A heat wave kills crops, and governments subsidize irrigation for farmland that used to be forest. A fishery collapses, and the response is a moratorium, arriving years after the fish are already gone. This is the pattern across almost every domain of environmental policy: we manage consequences with enormous expense, and we manage causes almost as an afterthought. It is also the least efficient way to run a planet. Treating a symptom after it has metastasized costs orders of magnitude more than preventing it, financially as much as ecologically. Some of this triage is now unavoidable. The carbon already in the atmosphere will continue influencing the climate for years regardless of what we do next, while a great deal of the damage caused by air pollution is already locked in and can only be managed, not undone. These are debts we are stuck repaying. Biodiversity is often different because it is still substantially in our hands. A species pushed to the edge can, with sustained effort, be pulled back from it. A degraded watershed can, over a generation, recover its function. In Kazakhstan, recent estimates place the snow leopard population at between 152 and 189 animals, close to levels last recorded in the 1980s. The recovery has been associated with sustained monitoring and habitat protection. It demonstrates that when species and ecosystems are effectively managed and adequately protected, conservation measures can deliver tangible results by maintaining biodiversity and helping threatened species recover. That kind of recovery is rare in climate policy. This disconnect risks creating dangerous trade-offs. We cannot decarbonize an economy while continuing to bulldoze the ecosystems around it. An electric vehicle removes tailpipe emissions from a city street, and that is real progress. But it also requires critical minerals such as lithium, copper, nickel, and cobalt, whose extraction can carry substantial environmental costs. None of this is a criticism of electric vehicles. It is a reminder...

2 weeks ago

Uzbekgaz

SOCAR and BP Prepare for Exploration Drilling in Uzbekistan’s Ustyurt Region

Azerbaijan’s SOCAR, Britain’s BP, and state-owned Uzbekneftegaz are preparing for exploration drilling across six blocks in Uzbekistan’s Ustyurt region. Following completion of a 3D seismic survey, the next stage involves processing the data and selecting a site for the first exploration well. Drilling will help establish whether preliminary estimates of 100 million metric tons of oil and 35 billion cubic meters of gas could translate into commercially recoverable reserves. The work covered the Boyterak, Terengquduq, Birqori, Kharoy, Qoraqalpoq, and Qulboy blocks in the Republic of Karakalpakstan. The seismic survey covered more than 3,000 square kilometers, compared with a minimum commitment of 1,000 square kilometers. The partners reviewed the completed fieldwork and discussed preparations for exploration drilling at a managing committee meeting in Tashkent on September 7. The data still need to be processed and interpreted, and no drilling location or date has been announced. Total investment in the project has been estimated at approximately $2 billion, with development dependent on a commercial discovery. The partners remain at the exploration stage and have committed to drilling one well. Decisions on further investment will depend on its results. Uzbek officials expect the six blocks could contain around 100 million metric tons of oil and 35 billion cubic meters of gas. Potential annual oil production has been estimated at five million metric tons. All three figures remain projections: seismic data help identify promising structures, but drilling is needed to confirm the presence and characteristics of hydrocarbons. Uzbekistan’s Energy Ministry, SOCAR, and Uzbekneftegaz signed a production-sharing agreement covering the six blocks in July 2025. SOCAR was designated the operator. BP joined the project in May 2026, acquiring a 20% interest from each of the two original partners. The British company now holds 40%, while SOCAR and Uzbekneftegaz retain 30% each. The deal marks BP’s return to exploration in Uzbekistan, where it first signed exploration agreements with the same partners in 2018 before withdrawing in 2021. The acquisition coincided with BP’s renewed emphasis on oil and gas investment. The company had previously reduced its exploration portfolio as part of a shift toward low-carbon energy, but subsequently revised its strategy and refocused on its traditional business. When BP joined the project, its regional president for Azerbaijan, Georgia, and Turkey, Gio Cristofoli, said the company saw significant resource potential in Uzbekistan. He said participation in the agreement would expand BP’s exploration portfolio and support its long-term organic growth. For SOCAR, the Ustyurt survey is its largest seismic exploration project outside Azerbaijan. In June, the company reported that more than 80% of the seismic program had been completed and that initial results were providing insights into deeper geological structures. SOCAR announced the completion of fieldwork in July, with data processing expected to finish in the first quarter of 2027. The partners have developed a work plan through 2029. Uzbekneftegaz head Abdugani Sanginov previously proposed accelerating the project and beginning drilling by the end of 2027, but an approved drilling schedule has not been published. Uzbekistan needs to find...

3 weeks ago

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