• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10563 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10563 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10563 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10563 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10563 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10563 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10563 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00210 0%
  • TJS/USD = 0.10563 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%

Central Asia’s Climate Risks Could Cost Up to 130% of GDP by 2080

By 2080, climate change is expected to have a profound impact on the economies of Central Asian countries, with potential losses ranging from 20% to 130% of GDP. The most severe effects are projected for mountainous nations. These estimates were presented at a CAREC technology forum by Iskandar Abdullaev, a senior research fellow at the International Water Management Institute in Uzbekistan.

According to Abdullaev, climate change is no longer solely an environmental issue but an increasingly significant economic factor. Key risks include droughts and water scarcity, floods, heatwaves, and glacier melt.

The projected economic impact varies across the region. Tajikistan could face losses of between 80% and 130% of GDP, Kyrgyzstan 70% to 120%, Kazakhstan 40% to 80%, Uzbekistan 30% to 45%, and Turkmenistan 20% to 60%.

Abdullaev emphasized that mountainous countries – Tajikistan and Kyrgyzstan – are particularly vulnerable, as climate change directly affects water resources. Glacier melt reduces river flows, creating challenges for both energy production and water supply.

Droughts and extreme heat are already placing pressure on agriculture, with declining crop yields and reduced pasture productivity. Without adaptation measures, the region’s long-term sustainability could be at risk.

Experts stress that mitigation and adaptation efforts are essential to reduce these risks. These include modernizing irrigation systems, adopting climate-resilient agricultural technologies, and expanding renewable energy capacity.

This is not the only warning. According to the World Bank, natural disasters are already causing significant economic damage in Central Asia.  Losses from extreme events, including floods and earthquakes, can reach up to 6% of GDP, with earthquakes alone accounting for up to $2 billion in damages.

At the same time, countries in the region face substantial financing gaps following major disasters. In Tajikistan, this gap could reach up to $1.5 billion. Experts warn that climate change is likely to intensify these risks, further increasing the economic burden on the region.

Kazakhstan Appoints Operator for Karachaganak Gas Processing Plant Construction

Kazakhstan has identified the participants in a project to construct a new gas processing plant (GPP) at the Karachaganak field, aimed at supplying the domestic market with commercial gas. The national company QazaqGaz will act as the single project operator, while China’s CITIC Construction has expressed readiness to participate.

Initially, the launch of the GPP, with a capacity of up to 4 billion cubic meters of gas per year, was scheduled for 2028. Construction was to be carried out by Shell and Eni, both involved in developing the Karachaganak field in the West Kazakhstan region. However, in March 2026, Kazakhstan withdrew from this arrangement due to significant cost overruns and disagreements over implementation terms.

At present, gas from Karachaganak is processed at the Orenburg GPP in Russia. Kazakhstan aims to relocate processing to its own territory to strengthen energy security and reduce dependence on external infrastructure, particularly amid periodic disruptions linked to drone attacks.

According to current plans, the capacity of the future plant may be increased to 5 billion cubic meters per year. The project is a key element of Kazakhstan’s Comprehensive Gas Industry Development Plan through 2029 and is being implemented on the instructions of President Kassym-Jomart Tokayev.

Minister of Energy Yerlan Akkenzhenov confirmed that the selection of QazaqGaz as the single operator is driven by the need to move quickly to the implementation stage and by the company’s experience in managing gas infrastructure.

The project’s economic feasibility has been confirmed, and a framework agreement outlining basic principles of cooperation has been signed with CITIC Construction.  Preparations are currently underway for the FEED (Front-End Engineering Design) stage, while issues related to land allocation, infrastructure, and feedstock supply are also being addressed.

Particular attention is being paid to negotiations with foreign shareholders in the Karachaganak project. Key issues include guaranteed supplies of raw gas, establishing a pricing mechanism that ensures domestic market viability, integrating the plant with existing field infrastructure (brownfield), and resolving the gas evacuation fee mechanism.

“For Kazakhstan, this plant is of critical importance, and indefinitely postponing the project’s start is unacceptable. The state needs results. The project must be implemented dynamically and in strict accordance with our national economic interests,” Akkenzhenov said.

The project is unfolding against the backdrop of legal disputes between Kazakhstan and international energy companies. 

As previously reported by The Times of Central Asia, Shell and Eni may ultimately be required to pay the Kazakh government between $2 billion and $4 billion following international arbitration proceedings in London.

In addition, similar disputes are ongoing over another major project, the Kashagan field, where proceedings are being considered at the International Centre for Settlement of Investment Disputes in Washington.

Kazakhstan Begins First Public-Private Partnership Sports Facility Project

Construction has begun in the Atyrau region on Kazakhstan’s first sports boarding school for athletically gifted children, to be implemented under a public-private partnership (PPP) model. According to the Ministry of Tourism and Sports, the private partner will be responsible for the full project cycle from design and construction to technical maintenance of the facility for five years after its completion, which is scheduled for May 2027.

The new school will feature modern academic buildings and residential facilities. The 3.2-hectare site will include an academic block for 400 students, a 300-bed dormitory, 13 gyms, a swimming pool, a cafeteria, a library, a stadium, running tracks, and basketball and volleyball courts.

The project in Atyrau is intended as a pilot, with plans to replicate similar facilities in other regions of the country.

The school is expected to train 400 young athletes across 13 Olympic sports. Officials say the project will create improved conditions for developing the country’s sports reserve by integrating academic education with professional training.

In recent years, the development of sports in Kazakhstan has received increased state support, contributing to stronger performances by Kazakh athletes in international competitions.

In the first quarter of 2026, Kazakhstani athletes won 200 medals at international events: 79 gold, 57 silver, and 64 bronze.

At the 2026 Winter Olympic Games in Milan, Italy, in February, Kazakhstan won one gold medal and finished 19th in the overall medal standings. This marks the country’s best result since 1994, when it placed 12th at the Lillehammer Olympics, where skier Vladimir Smirnov won gold. In 2026, Kazakhstan’s only medal was secured by figure skater Mikhail Shaidorov, who became the country’s first Olympic champion in figure skating.

At the Paralympic Games in Italy in March 2026, Kazakhstan placed 18th out of 55 countries in the medal standings. Yerbol Khamitov won two medals, gold in the biathlon pursuit and bronze in cross-country sprint, becoming the first Kazakhstani athlete to win two medals at a Winter Paralympics.

Hungary’s Political Shift Puts Central Asia Partnerships Under Scrutiny

Hungary’s political transition following the defeat of Viktor Orbán’s party and his resignation as prime minister is drawing attention not only in the EU and the United States, but also in Central Asia, where Budapest has built growing energy and investment ties. The key question is whether the policy of cooperation with Central Asia developed under Orbán will continue under the new leadership.

In recent years, under Orbán, Budapest has actively developed its Central Asian foreign policy, primarily driven by the desire to find alternatives to Russian energy supplies. That push reflects Hungary’s long-standing reliance on Russian oil and gas, which has shaped its search for alternative suppliers beyond Europe. Resource-rich Kazakhstan, Uzbekistan, and Turkmenistan became natural partners for diplomatic engagement.

Orbán succeeded in building trust-based relationships with the presidents of the Central Asian republics, grounded in what Hungary’s Minister of Foreign Affairs, Péter Szijjártó, described as “sincere friendship” in an interview with Uzbek media.

“In Hungary, we have always viewed Central Asia as one of the fastest-growing regions in the world, with enormous potential. Our efforts to build these relations did not begin today, but decades ago,” he said.

Hungary became the first Central European country to sign a strategic partnership with Kazakhstan in 2014. Currently, the Kazakhstan-Hungary Business Council is in operation, along with a joint agricultural direct investment fund. In 2024, bilateral trade approached $200 million, and from January to August 2025, it grew by another 22.1%, exceeding $164.6 million. Hungarian investments in Kazakhstan’s economy have surpassed $370 million, while the current investment portfolio includes 16 projects worth about $700 million in engineering, agriculture, and logistics.

These links also intersect with wider efforts to expand east–west transport routes through the Caspian region, offering Hungary indirect access to Central Asian energy and trade flows.

In May 2025, Uzbekistan’s President Shavkat Mirziyoyev held talks with Orbán in Budapest, where both sides highlighted rising trade volumes and a joint investment portfolio of about $500 million. Hungary’s OTP Bank entered into Uzbekistan’s financial market in 2023, acquiring a 73.71% stake in Ipoteka Bank, becoming its principal owner and the majority shareholder of the country’s fifth-largest bank.

As early as 2019, Hungary had intensified cooperation with Turkmenistan. After talks at the Turkmen Foreign Ministry, Szijjártó told the media that Hungary views Turkmenistan as an important country from the perspective of European security.

“We very much hope that Turkmenistan’s gas resources will be integrated into the overall energy flow of Central Europe,” he said.

However, uncertainty remains over whether this policy direction will continue under Orbán’s successor, Péter Magyar. Oil and gas analyst Oleg Chervinsky has suggested that political changes in Hungary could affect cooperation with Kazakhstan’s national company KazMunayGas (KMG).

Chervinsky notes that, having secured a constitutional majority in parliament, Magyar has a mandate to “implement reforms in both foreign and domestic policy [which could] reshape the constitutional structure of the right-wing populist authoritarian system built around Orbán.”

The analyst points to Hungary’s oil and gas company MOL Group, which in recent years has actively expanded cooperation with KMG, as a key pillar of this cooperation.

“In addition to its partnership with KMG within Ural Oil & Gas LLP (the Rozhkovskoye field in West Kazakhstan Region), KMG and MOL signed a framework agreement for oil supplies to Hungary. The first shipment was dispatched in August 2025 from the port of Novorossiysk to Croatia, and then via the Adria pipeline,” Chervinsky noted, a route that allows crude shipped from the Black Sea to reach Central Europe without transiting Russian territory. “It is quite obvious that MOL will be reformed, including in terms of personnel, under Hungary’s new prime minister. What priorities will he set for the new management of the oil company?”

However, most experts remain confident that the diplomatic nous of Kassym-Jomart Tokayev will make it possible to establish constructive relations with Hungary’s new leadership.

Urazgali Selteev, director of the Institute of Eurasian Integration, said Kazakhstan typically maintains pragmatic relations regardless of political changes abroad.

“The key point is that he is legitimate and elected by the people,” Selteev stated, noting that Hungary’s incoming prime minister understands the rules of international politics.

Selteev added that Magyar “emerged from the existing political class… Therefore, there will be no abrupt or radical steps.”

Magyar himself has indirectly confirmed this logic by expressing his intention to maintain pragmatic relations with Russia, according to reporting by Interfax. Like Orbán before him, he does not support Ukraine’s accelerated accession to the European Union. That position broadly aligns with existing Hungarian policy, suggesting continuity on key external issues despite the political transition. According to his party, Tisza, the issue of Ukrainian membership should be decided only after a referendum.

For now, it remains unclear how far Hungary’s new leadership will adjust the foreign policy approach developed under Orbán. For Central Asian partners, the immediate question is whether existing energy, investment, and transport cooperation will continue without disruption.

Contemporary Theater in Kazakhstan: Between Tradition and Experiment

Contemporary theater in Kazakhstan is undergoing a period of active development, balancing the preservation of cultural heritage with the search for new forms of expression. The Times of Central Asia spoke with Abai Kazbayev, an actor at the Zhambyl Regional Russian Drama Theater who is currently studying acting and directing, about how the theater scene is evolving, the challenges faced by actors and directors, and why experimentation has become essential.

TCA: Tell us about yourself. How did your journey into theater begin, and what influenced your decision to become an actor?

Abai: I entered the profession through my love of cinema. At first, I took part in crowd scenes, and then I became fascinated with the filmmaking process itself. To deepen my involvement, I joined a private theater on the recommendation of friends. There, I had the opportunity to work with Saulius Varnas from Lithuania, as well as with professionals such as Marat Amirayev and Altynshash Shayakhmetova.

Today, I’m studying acting and directing at university, while also working at the Zhambyl Regional Russian Drama Theater.

TCA: How do you assess the current state of contemporary theater in Kazakhstan?

Abai: If we distinguish contemporary theater from traditional formats, most such productions are concentrated in Almaty. In other cities, theater tends to follow a more academic style, although there are exceptions.

Personally, I’m drawn to how contemporary theaters reinterpret and reimagine classical works. This approach attracts both new and more discerning audiences.

TCA: What makes Kazakhstani theater distinctive compared to that of other countries?

Abai: Its uniqueness lies in the combination of cultures. We have European forms, ballet and opera, alongside contemporary interpretations, including those inspired by Bulat Ayukhanov.

On the one hand, there are traditional productions about khans and batyrs; on the other, there are stories such as that of a boxer in Almaty in the 1980s, a stage adaptation of Martin Scorsese’s Raging Bull.

TCA: How can contemporary theater preserve national traditions while remaining engaging for younger audiences?

Abai: Through experimentation. For example, last year in Taraz, a sound drama based on Alexander Grin’s novella Scarlet Sails was staged. It offered a new interpretation: some lines were delivered in Kazakh, and Captain Grey’s song was also performed in Kazakh.

It was an attempt to reflect Kazakhstan’s multiculturalism. Interestingly, the production was staged by students from GITIS in Russia. I believe such experiments help attract younger audiences while preserving national traditions.

TCA: How important are elements of national culture, language, music, and folklore in today’s productions?

Abai: There’s currently a broader trend across the arts of returning to cultural roots, and theater is no exception. Every culture seeks self-identification. In cinema, folklore characters are widely used, particularly in the horror genre. In the theater, however, folklore tends to remain within traditional productions and is often treated with a sense of reverence.

At the same time, it is worth mentioning the ballet Aldar Köse at the Abai Kazakh National Theater of Opera and Ballet in Almaty.

TCA: How do you view experimental productions and contemporary interpretations of classical works?

Abai: Positively. Of course, there should be limits, but experimentation is essential to understanding how far we are willing to go.

TCA: Has the audience changed in recent years? Has it become more demanding?

Abai: It’s difficult for me to judge, as I’ve only been in the profession for a few years. However, I can share an example: a production staged by Saulius Varnas was considered too complex and surreal for Almaty audiences; some people left during the first half, perhaps because they didn’t understand it.

Today, it might be received differently. There is a noticeable increase in young people’s interest in the arts.

TCA: What challenges do theaters in Kazakhstan face today, financial, organizational, or creative?

Abai: In the regions, financial difficulties are probably the main issue due to smaller audiences. In Almaty, this problem is less pronounced, largely thanks to an influx of creative young people. Overall, there are more theaters there, especially private and contemporary ones.

TCA: How easy is it for younger directors and actors to bring their ideas to the stage?

Abai: It depends on how willing they are to work on themselves consistently. I can speak more confidently about acting than directing.

TCA: Do digital technologies and social media influence the development of theater?

Abai: Absolutely. It is a new reality that affects every sphere, from small cafés to theaters.

TCA: How do you see the future of Kazakhstani theater in the next 10-15 years?

Abai: We already have strong directors, such as Galina Pyanova, the artistic director of ARTiSHOCK Theater, one of the leading representatives of contemporary theater in Kazakhstan. I believe that in 10-15 years, there will be more theaters like this. At least, I hope so. ARTiSHOCK itself will likely grow into something even larger.

Central Asia Holds Back on Hungary Election as Orbán Era Ends

Central Asian governments have still yet to issue public statements on Hungary’s election, which brought an end to Viktor Orbán’s 16-year tenure. Hungary’s National Election Office published official updates after the April 12 vote, with Orbán conceding defeat after preliminary results indicated a landslide victory for Péter Magyar’s Tisza party. European leaders responded quickly, but no comparable messages have appeared on the main official channels in Astana, Tashkent, Bishkek, Dushanbe, or Ashgabat.

The absence is not a breach of diplomatic protocol. Governments often wait for formal certification or initial contacts before issuing congratulations after parliamentary elections. Yet Hungary occupies a distinct place in Central Asia’s external relations. It is an observer in the Organization of Turkic States, and President Kassym-Jomart Tokayev attended the informal OTS summit in Budapest, where Viktor Orbán hosted regional leaders and promoted closer ties. Hungary has presented itself as a bridge between Central Asia and the European Union, with regular high-level exchanges and expanding economic links.

Recent precedent underscores the contrast. Following Hungary’s 2022 election, Kazakhstan’s Akorda said Kassym-Jomart Tokayev sent Viktor Orbán a congratulatory telegram on April 4, the day after the vote, and Uzbekistan reported that President Shavkat Mirziyoyev phoned Orbán on April 14, 2022 to offer his congratulations. No similar outreach has been made public so far in 2026.

The delay reflects a period of adjustment rather than a clear shift. Orbán’s government had cultivated close personal and political ties with Central Asian leaders, and Budapest played an active role in advancing cooperation through the Turkic framework. A new Hungarian administration may recalibrate those priorities as it seeks to strengthen relations within the EU, creating uncertainty for partners that had relied on Hungary as a consistent advocate in Europe.

For now, the silence signals caution. Central Asian governments appear to be waiting for the formal transition in Budapest and for early indications of the new government’s foreign policy. If statements follow in the coming days, the current pause will look procedural. If it continues, it will carry more weight as a sign of recalibration in a relationship that had been unusually close.