Bi-Weekly Economic News Summary

KAZAKHSTAN - In Brief 30 Oct 2025 by Evgeny Gavrilenkov

Oct 16 CPC: The company has transported slightly more than 54 mln tons (+10.7% y-o-y) of oil in 9M25. National pipeline company: KazTransOil and Transneft extend agreement on oil transit through Russia. CPC: Oil transportation via CPC in 2026 will be lower than in 2025 due to repairs and maintenance works at Kazakhstan's oil fields. Development Bank of Kazakhstan: DBK has placed two tranches of Eurobonds. The first is nominated in USD with maturity in January 2031 worth $500 mln, the coupon rate was set at 4.6%, and the placement yield was 4.85%. The second is nominated in KZT with maturity in October 2028 (worth KZT300 bln), The coupon rate was set at 18.4%, and the placement yield was 18.4%. Oct 20 Energy Ministry: Russian Orenburg gas processing plant temporarily stopped receiving crude gas from Karachaganak after UAV attack. Ministry of Economy: Kazakhstan is considering the possibility of placing sovereign bonds on the NYSE. Energy Ministry: Karachaganak operator reduced production in a controlled manner after the attack on the Orenburg gas processing plant. Energy Ministry: The Kazakh authorities consider the construction of their own gas processing plant in Karachaganak a priority. Oct 21 President: Kazakhstan and Azerbaijan are discussing the possibility of creating a new trans-Caspian ferry system. President: Kazakhstan and Azerbaijan agreed to double trade turnover to $1 bln. Besides, the countries have signed an agreement on strategic partnership in the energy sector. Qarmet: Qarmet Metallurgical Plant (formerly ArcelorMittal Temirtau) will invest $700 mln in a new foundry and rolling complex, intending to launch production of a premium steel grade in 2027. ...

Now read on...

Register to sample a report

Register