• KZT/USD = 0.00218
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00218
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00218
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00218
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00218
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00218
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00218
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
  • KZT/USD = 0.00218
  • TJS/USD = 0.10810
  • UZS/USD = 0.00009
  • TMT/USD = 0.29760
04 September 2026

Viewing results 1 - 6 of 755

Central Asia Feels Fuel Strain as Kazakhstan Prices Edge Higher

Kazakhstan's fuel market is moving into a new phase after the end of the government freeze on AI-92 gasoline and diesel. Pump prices have risen by small amounts so far. Retail prices are rising cautiously amid growing pressure from neighbors where fuel costs more. Kazakhstan still has some of the cheapest gasoline in the region, but that advantage creates a risk: cheap fuel attracts cross-border demand and makes it harder to fund the refining capacity the country says it needs. On October 16, 2025, Kazakhstan's government introduced a moratorium on further increases in AI-92 gasoline and diesel as part of a wider anti-inflation package. The decision also put the Energy Ministry, the competition agency, and regional authorities in charge of keeping supplies stable. The measure came after inflation and tariff reforms had raised concerns about household costs. The freeze ended on April 1, 2026, but by mid-April, the Energy Ministry was still trying to calm expectations. Kazinform cited Vice Minister of Energy Kaiyrkhan Tutkyshbayev on April 14 as saying most prices had risen mainly by one tenge after the moratorium was lifted, and that the state would not allow a sharp jump. The tone matched what drivers were seeing: a controlled rise rather than a sudden reset. The memory of January 2022, when an LPG price jump helped spark unrest, still hangs over fuel policy. The end of the freeze also fed into inflation expectations. National Bank Governor Timur Suleimenov warned in April that renewed growth in fuel prices and utility tariffs had to be handled cautiously, because a sharp reset could reverse the slowdown in inflation. The National Bank later said reforms in utility tariffs and fuel prices accounted for 32.9% of household inflation expectations in March. That made the fuel moratorium more than a pump-price measure: it was one of the state’s main tools for containing expectations while inflation remained in double digits. An April 9 check by Tengri Auto found that most filling stations in Almaty and the surrounding area were still selling fuel close to the previous price range. Several major networks, however, had already moved AI-92 toward 240 tenge per liter. AI-95, which was not covered by the main freeze, had risen to 328 tenge at one network. A Kazinform market check published on May 25 showed the same gradual pattern. AI-92 was listed at 238-239 tenge per liter in Astana, 238-241 tenge in Almaty, and 224-227 tenge in Shymkent. Diesel stood at 329 tenge in Astana, 330-337 tenge in Almaty, and 332-335 tenge in Shymkent. The figures point to a market that is moving, but still under close control. Fuel is also feeding into Kazakhstan's broader inflation picture. The Bureau of National Statistics put annual inflation at 10.6% in April 2026. Petrol prices were up 16.1% year-on-year and added 0.53 percentage points to annual price growth. Transport as a category added 1.1 percentage points. Fuel is one of the costs households notice most directly, and its effects spread through freight, food distribution, agriculture, taxis,...

Kazakhstan Targets 2027 Exit From Routine Russian Electricity Imports

Kazakhstan wants to stop buying electricity from Russia by 2027. The challenge is whether it can do so while keeping homes warm, mines running, and fast-growing regions supplied when demand peaks. The target is a test of whether the country can close a power deficit caused by years of underinvestment, rising demand, aging thermal plants, and uneven regional supply. The goal was restated this month by Deputy Energy Minister Sungat Yessimkhanov, who said Kazakhstan expects to reduce its electricity shortfall this year and bring it down to zero in 2027. The pledge builds on earlier government comments that Kazakhstan would cut imports as new domestic capacity comes online. In February 2025, Yessimkhanov told Kazinform that Kazakhstan planned to reduce electricity imports from Russia and could stop buying foreign electricity once planned capacity was commissioned in 2027. The gap is small on paper, but it carries political weight. Kazakhstan may be energy-rich, but its electricity system has been running short. The country produces coal, oil, gas, uranium, and growing volumes of renewable power, yet it still relies on imports from Russia to cover gaps between generation and consumption. In 2025, Kazakhstan generated 123.1 billion kilowatt-hours of electricity and consumed 124.6 billion kilowatt-hours, according to a January government meeting on new capacity. Installed capacity rose from 25.3 gigawatts to 26.7 gigawatts, but demand still exceeded domestic generation. Data from KEGOC, Kazakhstan’s national grid operator, shows how narrow the margin has become. In 2025, the gap between production and consumption was 1.4956 billion kilowatt-hours. KEGOC said the shortfall was covered by supplies from the Russian energy system. Kazakhstan received 4.6388 billion kilowatt-hours from Russia and sent 2.1595 billion kilowatt-hours back. That left a net power flow from Russia of 2.4793 billion kilowatt-hours, down from 3.4111 billion kilowatt-hours in 2024. The planned 2027 shift does not mean Kazakhstan will disconnect from Russia’s grid. The objective also fits a wider pattern in Astana’s energy policy: not breaking with Russia, but reducing the number of areas in which Russia is the default route, supplier, or emergency backstop. In oil and trade, Astana has been trying to expand alternatives to the Caspian Pipeline Consortium route through Russia, including through the Middle Corridor. In electricity, the logic is narrower but similar. Ending Russian power imports would not make Kazakhstan energy-independent, but it would turn one more Russian-linked dependency from a structural need into a contingency option. Kazakh energy analyst Zhakyp Khairushev made this distinction in comments to LS, stating that Kazakhstan has a real chance to reach annual self-balance in 2027, but a stable surplus will be harder. The key issue is not only installed capacity, but available capacity during peak hours, winter demand spikes, and repair periods. A megawatt of wind or solar power does not play the same role as a megawatt of coal, gas, or flexible generation during a cold evening. Kazakhstan’s deficit is not only about total output; it is also about where electricity is produced, when it is available, and whether the grid...

No Tanks on Red Square as Moscow’s Victory Day Pull Fades in Central Asia

Russia’s Victory Day parade on May 9 is set to be more restrained this year, with tanks, armored vehicles, and missile systems absent from Red Square for the first time in nearly two decades. The Russian Defense Ministry cited the “current operational situation,” while the Kremlin blamed what it called Ukrainian “terrorist activity.” Russia also reported drone attacks aimed at Moscow in the days before the ceremony, and security around President Vladimir Putin has been tightened. The reduced scale of the parade carries a resonance beyond Russia. Victory Day remains one of the most emotionally charged dates in the post-Soviet calendar, including in Central Asia, where families still remember relatives who fought, died, or labored during World War II. But across the region, the holiday has increasingly been placed inside national calendars rather than left as part of Russia’s political script. The contrast with last year is sharp. In 2025, Moscow marked the 80th anniversary of Nazi Germany’s defeat with its largest Victory Day parade since the start of Russia’s full-scale invasion of Ukraine. Chinese troops marched on Red Square, Xi Jinping sat beside Putin, and foreign leaders attended from across Asia, Africa, Latin America, and the former Soviet space. Tanks, rocket launchers, missile systems, drones, and other military hardware rolled through the square. This year’s guest list is more limited. The Kremlin’s initial list of foreign delegations included leaders and senior figures from Belarus, Laos, Malaysia, Slovakia, the breakaway republics of Abkhazia and South Ossetia, and representatives from Bosnia and Herzegovina’s Republika Srpska. Attendance has also been hard to read. Earlier reports said Kazakhstan’s Kassym-Jomart Tokayev and Kyrgyzstan’s Sadyr Japarov were expected in Moscow, while the Kremlin’s initial published list of foreign guests did not include any Central Asian presidents. On May 8, however, Kazakh and Uzbek media reported that Tokayev and Uzbekistan’s Shavkat Mirziyoyev were traveling to Moscow for Victory Day events. The late confirmations complicate the picture, but they do not restore the full regional show of unity seen in the last two years, when all five Central Asian presidents were present at the Moscow parade. It does suggest, however, that Moscow’s political ownership of the date is less automatic than it once was. Victory Day, which commemorates the Soviet defeat of Nazi Germany in what Russia calls the Great Patriotic War, has long been one of the main rituals of modern Russian power. It draws large television audiences, fills public space with military symbolism, and presents the Kremlin as the guardian of a sacred national memory. The holiday speaks of sacrifice and family loss, but also of nationalism and state control over history. Putin has used that language repeatedly. On May 9, 2024, after appearing on Red Square in snowfall, he said Russia was going through a “difficult, milestone period,” and warned: “We will not allow anyone to threaten us. Our strategic forces are always in combat readiness.” In 2025, he used the 80th anniversary parade to link Soviet wartime memory to Russia’s current war, saying...

Czech Prime Minister Says Foreign Ministry Urged Pressure on Kazakhstan Over Russia Ties

On May 2, Czech Prime Minister Andrej Babiš has claimed that officials at the country’s Foreign Ministry advised him to push Kazakhstan to scale back its ties with Russia and China. Speaking to Czech broadcaster TV Nova, Babiš criticized the recommendation, warning it could harm the Czech Republic’s economic interests. Babiš, a billionaire businessman and populist politician, returned to power in December 2025 after his ANO movement won 35% of the vote in the October 2025 parliamentary election and formed a governing coalition. The prime minister said he received a briefing note prepared by the diplomatic service. “They handed me a memo saying I should call on Kazakhstan to limit its relations with Russia and China,” he said. Babiš was vague about the provenance of the memo, describing it as having been drafted by “some officials,” but he suggested that former Foreign Minister Jan Lipavský, a figure associated with the previous pro-Western coalition government (2021–2025), may have been involved in its preparation. Babiš criticized the foreign policy of the previous administration, arguing that it had damaged the Czech Republic’s economic interests. Relations with several major countries, including China, had deteriorated, negatively affecting business activity, he said. The remarks followed Babiš’s visit to Kazakhstan on April 28-29, during which the two sides discussed expanding economic cooperation, including supplies of Kazakh oil and uranium. The Czech Republic views Kazakhstan as an important strategic partner, he added. According to the Kazakh government, bilateral trade between the Czech Republic and Kazakhstan reached approximately $705 million in 2025, a 13% increase on the previous year.

Russia to Build University Campus in Bishkek

The Cabinet of Ministers of Kyrgyzstan has approved the reclassification of land in southern Bishkek for the construction of a new campus for the Kyrgyz-Russian Slavic University, the government said. The decree, signed on April 24 by Prime Minister Adylbek Kasymaliev, transfers the land from agricultural use to settlement status. The project is being implemented under an intergovernmental agreement between Kyrgyzstan and Russia following the state visit of Vladimir Putin to Bishkek in November 2025. It involves the construction of a university campus spanning approximately 30 hectares. Officials say the campus will form part of a long-term strategy to develop educational infrastructure and deepen humanitarian cooperation between the two countries. The new complex is designed to accommodate up to 15,000 students and will include academic, research, and social facilities in line with international higher education standards. Construction is expected to be completed by 2030, with funding to be provided jointly by both sides. It is part of a wider educational push by Russia to bolster the influence of Russian language in the region. Russian cultural organisation Evrasiya, a non-profit organisation linked to the Kremlin, has invested heavily in Kyrgyzstan since 2024. President Sadyr Japarov has instructed that the campus be equipped with modern facilities, while the Finance Ministry has been tasked with allocating funds for the necessary engineering infrastructure. Once the decree comes into force, local authorities will be required to terminate third-party rights to the land allocated for the project. Most of the site is currently state-owned, though part remains in private hands. Authorities also noted the need to comply with environmental, sanitary, and urban planning standards, including measures to improve seismic resilience – a perennial fear for Central Asian cities. The agreement on the campus construction was previously ratified by the parliaments of both countries, including Russia’s State Duma and the Federation Council.

Lavrov in Astana as Kazakhstan Prepares for Putin State Visit

Russian Foreign Minister Sergey Lavrov has visited Astana for talks with Kazakhstan’s leadership, as the two countries prepare for a planned state visit by Russian President Vladimir Putin in late May. Lavrov arrived in Kazakhstan on April 29. The main working part of the visit took place on April 30, with meetings with President Kassym-Jomart Tokayev and Foreign Minister Yermek Kosherbayev. Russia’s Foreign Ministry said the agenda covered political, trade, economic, cultural, and humanitarian ties, as well as cooperation in the Eurasian Economic Union, the Collective Security Treaty Organization, the Commonwealth of Independent States, and the Shanghai Cooperation Organization. At expanded talks in Astana, Kosherbayev said Russia remains one of Kazakhstan’s key trade partners. Bilateral trade exceeded $27 billion last year, and the two governments are working toward a target of $30 billion. Kosherbayev said the talks covered energy, transport, logistics, industry, digitalization, cultural ties, and international issues. The foreign ministers signed a cooperation plan between the two ministries for 2027-2028 during the visit. Kosherbayev said the plan reflected close coordination between Astana and Moscow on bilateral and international issues. The visit also comes ahead of Putin’s expected trip to Kazakhstan. The Kremlin said in February that Putin had confirmed his participation in the Supreme Eurasian Economic Council meeting in Astana in late May and accepted Tokayev’s invitation to make a state visit linked to the event. For Kazakhstan, relations with Russia remain a central part of its multi-vector diplomacy, alongside growing ties with China, the European Union, Turkey, the Gulf states, and the United States. The two countries share a long border, have deep trade links, and work together through several regional organizations. Russia also remains central to Kazakhstan’s energy export network. The Caspian Pipeline Consortium terminal near Novorossiysk handles roughly 80% of Kazakhstan’s crude exports. That gives Astana a strong reason to keep stable ties with Moscow, but it also explains why Kazakhstan is pushing to diversify transport routes. The government has promoted the Trans-Caspian International Transport Route, also known as the Middle Corridor, as a way to move freight between China, Central Asia, the Caspian Sea, the South Caucasus, and Europe with less reliance on Russian territory. The war in Ukraine has made that approach harder to sustain. Kazakhstan has kept ties with Moscow, but Tokayev has also stressed the importance of the UN Charter, sovereignty, and territorial integrity. In a phone call with Ukrainian President Volodymyr Zelenskyy on August 10, 2025, Tokayev said Kazakhstan supported the UN Charter, the inviolability of sovereign borders, and the territorial integrity of sovereign states. Economic pressure has also grown. Western governments have increased scrutiny of trade routes that could be used to bypass sanctions on Russia. Kazakhstan has tried to protect its own trade from that pressure while avoiding a direct break with Moscow. Energy adds another dimension. Any disruption to the CPC route can quickly become a national economic issue for Kazakhstan. In April, Kazakhstan’s energy ministry said CPC exports through the Black Sea remained stable after Russia reported...