• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10811 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10811 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10811 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10811 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10811 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10811 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10811 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10811 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
10 December 2025

Uzbekistan to Start Industrial Production of Hydrogen

Sanoat Energetika Guruhi (Saneg), one of the largest private oil and gas companies in Uzbekistan, announced on August 21 that the Ferghana Oil Refinery is to produce industrial hydrogen by transferring its related assets to Air Products, a world-leading industrial gases company.

The Ferghana Refinery is currently undergoing comprehensive modernization to both enhance its output and help the government of Uzbekistan diversify energy sources by industrializing hydrogen production.

Saneg’s operations at the refinery currently account for about 80% of the country’s oil production and 22% of its proven gas reserves and the acquisition its industrial hydrogen assets for $140 million by Air Products, promises to widen the commercial use of the product in Uzbekistan.

Saneg’s founder Bakhtiyor Fazilov commented: “This agreement with Air Products represents another significant step forward in our long-term modernization plans for the Ferghana Refinery with the world leader in hydrogen production… and contribute to one of the Uzbekistan government’s main priorities, strengthening our nation’s energy security by increasing domestic hydrogen supplies.”

Reporting on the transaction, Seifi Ghasemi, Chairman, President, and CEO at Air Products, stated: “As the world’s largest hydrogen supplier and a leader in hydrogen fueling infrastructure, Air Products’ solutions bring safe and reliable hydrogen to hydrogen-powered applications worldwide. Our advanced technology and expertise in hydrogen production will enhance the refinery’s capabilities and support the growth of Central Asia’s oil and gas industry. This will also aid Uzbekistan in achieving more sustainable and energy-independent operations, contributing to a cleaner future for the Republic.”

Kazakhstan Accredits Chargé D’Affaires of Afghanistan

The Kazakh Foreign Ministry has announced that the country has accredited a chargé d’affaires of Taliban-led Afghanistan to expand trade, economic, and humanitarian cooperation between the two countries.

On August 21 in Astana, Deputy Minister of Foreign Affairs Alibek Bakayev met with Muhammad Ur Rehman Rahmani, head of Afghanistan’s diplomatic mission in Kazakhstan. Bakayev stated that Kazakhstan had accredited Mr. Muhammad Rahmani as chargé d’affaires.

Early in June, Kazakhstan’s President Kassym-Jomart Tokayev announced that his country had removed the Taliban from its list of terrorist organizations, stressing that the move was made to develop trade and economic ties with Taliban-led Afghanistan.

In recent years, Kazakhstan has made efforts to increase trade with Afghanistan and participate in Afghan transport and connectivity projects in cooperation with Uzbekistan and Turkmenistan.

Kazakhstan has also advocated for consolidating international efforts to provide assistance to Afghanistan and resolve its complex humanitarian problems. To this end, Kazakhstan proposed establishing the UN Regional Centre for Sustainable Development for Central Asia and Afghanistan in Almaty.

Banks Suspend Transfers between Kyrgyzstan and Russia

More than a dozen banks in Kyrgyzstan have suspended money transfers to Russia to avoid falling under secondary sanctions, which could lead to blocked operations and loss of access to international financial markets. The list of banks involved includes large and regional institutions.

By suspending transfers, the banks aimed to reduce risks associated with international payment systems such as SWIFT, which can be used to pressure financial institutions linked to Russia. The situation became more complicated after several Western countries began to monitor financial transactions related to Russia and apply sanctions to banks that continue such transactions.

Nevertheless, some banks in Kyrgyzstan have found ways to maintain financial flows between the two countries by using transfers that are less dependent on international systems. For example, Optima Bank and Aiyl Bank employ alternative systems that are not subject to Western sanctions.

Inter-country remittances play an essential role in the Kyrgyz economy, contributing to economic stability and supporting the well-being of many families. The imposition of restrictions could significantly impact the country, especially since numerous households in Kyrgyzstan depend on remittances from Russia for a significant portion of their income.

In June, several banks in Kyrgyzstan suspended work with Russian money transfer systems amid the expansion of U.S. sanctions. At the time, Mbank explained that the temporary restriction was caused by “volatility of the exchange rate and possible sharp fluctuations in the currency market.” In addition to MBank, restrictions were imposed by Doscredobank, KICB, Keremet Bank, Kompanion Bank, RSK Bank, KCB Bank, and Bai-Tushum Bank, but later lifted by some to resume accepting transfers from Russia.

Villages Evacuated After Lake Bursts in Kyrgyzstan

On August 21, 2024, a mountain lake, Zyndan, burst in the Ton district of the Issyk-Kul region of Kyrgyzstan. This caused a sharp rise in the water level in the Ton River and led to flooding of nearby settlements, including Tuura-Suu village and a section of the Tuura-Suu – Temir-Kanat highway.

A state of emergency was declared due to the threat of flooding. More than 400 residents of Tuura-Suu village were evacuated and temporarily accommodated in schools in the neighboring towns of Eshperov and Ak-Sai. Using special equipment, rescuers and local authorities channeled Lake Zyndan’s waters into the Ton River bed to prevent further destruction.

Ministry of Emergency Situations officials, police, and local government officials are continuing to monitor the situation around the clock. Two excavators and three loaders, as well as other necessary equipment to repair the consequences of the breach, are involved in the operation.

The breach was caused by intense precipitation and glacial melt, which increased pressure on the lake and led to its erosion. This event attracted the attention of local authorities and international organizations concerned about climate change and its impact on the region.

Yesterday, TCA reported on a meeting between the heads of the national emergency departments of Kyrgyzstan, Kazakhstan, Tajikistan and Uzbekistan which was held last week in Cholpon-Ata, Issyk-Kul, which was aimed at broadening cooperation. Following this meeting, powerful mudslides caused by heavy rain struck the region once again, flooding the streets of Cholpon-Ata.

 

ADB Gives Grant to Support Women in Tajikistan

The Asian Development Bank (ADB) has approved $17.5 million in grant assistance to improve women’s agricultural skills and food security in Tajikistan.

The project, which aims to support women farmers, will cover six districts in Khatlon province (Bokhtar, Farkhor, Kulyab, Panj, Shahritus, and Vose), the country’s largest agricultural region.

ADB’s Director General for Central and West Asia, Eugene Zhukov, said the bank views women as critical agents of change, and the project aims to increase their role in agriculture. The project will provide women access to modern resources, including drying plants, greenhouses, water-saving technologies, and training in financial management and production technologies.

Particular emphasis is placed on climate-resilient farming practices to reduce vulnerability to climate change impacts such as drought and heat stress. The project will also establish small-scale crop processing and storage centers to increase the value of crops in the market.

In addition, the project will create digital platforms for the training and trading of agricultural products. It is also expected to address social problems faced by women, such as gender-based violence. Under the guidance of the Women and Family Committee, a shelter offering counseling, a referral system, and training and entrepreneurship opportunities will be opened.

ADB has supported Tajikistan for 26 years, serving as the country’s largest donor. During this time, Tajikistan has received over $2.6 billion from ADB, of which more than $2 billion was provided through grants. Since 2018, the country has received the bank’s financial assistance exclusively on a grant basis.

Countries of Central Asia Team up as Threat of Natural Disasters Grows

Central Asia is vulnerable to a panoply of natural hazards: Floods, landslides, droughts, sandstorms, avalanches and earthquakes. Countries in the region increasingly seek to collaborate on early warning systems and other emergency precautions, especially since disasters can spill across borders and because the effects of climate change are intensifying.

To that end, the heads of the national emergency departments of Kyrgyzstan, Kazakhstan, Tajikistan and Uzbekistan met last week in Cholpon-Ata, a lakeside resort town in northern Kyrgyzstan whose attractions include ancient petroglyphs showing deer, leopards and hunting scenes. Turkmenistan´s flag – green expanse, red stripe with designs and white crescent and stars – was on display in the conference hall, though official announcements did not mention the presence of any delegation from the reclusive Turkmen government.

The goal was to share information and experience, and deepen cooperation among the emergency agencies of those Central Asian countries, said Maj. Gen. Boobek Azhikeev, Kyrgyzstan’s minister of emergency situations.

The five nations, which have a total of approximately 75 million people and encompass four million square kilometers, face growing risks from natural disasters, and the region has been warming faster than the global average according to a report released in May by the U.N. agency for the coordination of disaster risk reduction and the U.N. Development Programme. The two U.N. bodies, which helped to support the Central Asia meeting on the shores of Kyrgyzstan’s Lake Issyk-Kul on Aug. 15, also mentioned human-made hazards, such as industrial accidents, chemical waste facilities in densely populated areas, and severe air pollution in major cities in all the countries.

“Many disaster risk management systems are still reactive, not proactive. Early warning processes are often fragmented, and poorly integrated into countries’ development strategies and policies for risk-informed decision-making,” the U.N. agencies said. “There is a lack of anticipation of new and emerging risks, insufficient monitoring and forecasting, and limited financial and technological support. Early warning communication and dissemination are often unclear, especially for the most vulnerable.”

The private sector and media can also get more involved in ways of reducing the risk from disasters, they said.

The U.N. agencies also noted progress, saying Tajikistan had taken the lead in Central Asia in rolling out an early warning system focused on monitoring, forecasting, communication and other measures. Earlier this month TCA reported that the head of Tajikistan’s committee for emergency situations and civil defense, Rustam Nazarzada, stated that the economic damage caused by natural disasters in the country has amounted to over $12 million in this year alone.

Additionally, Uzbekistan is updating an early warning system in the populous, economically important Ferghana valley that will promptly disseminate weather forecasts.

Central Asian countries have sought to coordinate on environmental issues in the past, sometimes with mixed results. But the sense of urgency is growing. Earlier this year, Kyrgyzstan was among countries that sent aid to Kazakhstan after floods there that the Kazakh president described as the worst natural disaster in 80 years. Kazakhstan, in turn, sent tons of humanitarian aid to Kyrgyzstan after deadly mudflows there last month.

Following the meeting in Cholpon-Ata, earlier this week powerful mudslides caused by heavy rain struck the region once again, flooding the streets of the town, causing damage across Kyrgyzstan’s Issyk-Kul region, and leading to a state of emergency being declared in three districts.

Central Asia is particularly vulnerable to climate change because it is an arid area that gets much of its water from mountain glaciers, while also relying on intensive agriculture and old infrastructure amid high population growth. Another chance at regional collaboration comes next week in Tajikistan, which will host an international conference on glacier monitoring that is expected to focus on the threat of debris flows from mountainous regions.