Kazakhstan’s President Kassym-Yomart Tokayev proposed today that early presidential elections be held in the fall and that the president’s term be reduced to seven years without the possibility of renewal. Tokayev, who has been in power since 2019 after the resignation of then-powerful Nursultan Nazarbayev, has also proposed early parliamentary elections in the first half […]
Tag: Kazakhstan
Reuters: Kazakhstan turns its back on Putin – To export oil through Azerbaijan
Kazakhstan is expected to start selling some of its crude oil output through Azerbaijan’s largest oil pipeline from September, as the Central Asian country looks for alternatives to exports through Russia after the latter has threatened to shut down its pipelines to Kazakh crude, three sources with knowledge of the matter told Reuters. Russia, Kazakhstan […]
Bild: Oil dispute between Russia and Kazakhstan – Is Putin losing an important ally?
Since Russia cut Kazakhstan’s oil exports to Europe, the two countries have been at odds, Bild notes. It is the culmination of a months-long dispute between the two neighboring countries. Is Putin now losing an important ally? For decades, Russia and the former Soviet republic of Kazakhstan were considered loyal partners. Both countries are members […]
Russia: The “block” on the Kazakhstan oil pipeline has been lifted
A Russian court overturned a decision to suspend operations of the Caspian Pipeline Consortium (CPC), instead imposing a fine of 200,000 rubles ($3,300), allaying fears of a global oil supply crisis. As Reuters points out, a possible shutdown of the pipeline, which carries oil from Kazakhstan’s vast Tengiz field to the Black Sea via Russia, […]
Kazakhstan oil: Putin’s new ‘energy weapon’
By Julian Lee Russia is threatening to use oil from neighboring Kazakhstan as a weapon against European countries that support Ukraine. A court order this month to close the Black Sea export terminal for a month is a clear warning to Europe about the leverage Russia has. On Tuesday, a Russian judge in the city […]
Kazakhstan: Seeks alternative routes for oil exports
Kazakhstan’s President Kassym-Yomart Tokayev said today that his government will diversify its oil supply routes after a Russian court ordered the Caspian Pipeline Consortium (CPC) to suspend pipeline activity for 30 days. The Caspian Pipeline is one of the largest pipelines in the world and carries oil from Kazakhstan to the Black Sea. The suspension […]
Kazakhstan – Referendum: Majority of voters approve amendments to Constitution – End of Nazarbayev era
Voters in Kazakhstan have approved the amendments to the Constitution proposed by President Kashim-Jomart Tokayev in a referendum held in the country on Sunday, the Central Election Commission announced today. According to the Commission, 77.1% of those who voted yesterday were in favor of changes to the Constitution. The participation amounted to 68.06%. The referendum […]
A referendum on changing the constitution is being held in Kazakhstan
A referendum to change the constitution is being held in Kazakhstan today to end the ouster of former President Nursultan Nazarbayev and his family, who have ruled the country for 30 years but whose rule was shattered earlier this year. The former Soviet republic of Central Asia, rich in minerals and hydrocarbons, was rocked in […]
Erdogan: Trade aims to increase trade with Kazakhstan to $ 10 billion
Turkey and Kazakhstan aim to increase the volume of trade between the two countries to $ 10 billion, Turkish President Recep Tayyip Erdogan said today. “We have assessed the possibilities of further developing and deepening our co-operation,” Erdogan told a joint news conference with Kazakh President Kazim-Jomart Tokayev in Ankara. “The volume of trade between […]
Kazakhstan does not want to be behind a new iron curtain
Companies leaving Russia because of the war in Ukraine are welcome to move their production to Kazakhstan, the deputy foreign minister told a German newspaper, adding that Kazakhstan does not want to be on the wrong side of a new “iron curtain”. “Countries should not come just to avoid sanctions against Russia,” but all countries […]