Bi-Weekly Economic News Summary

KAZAKHSTAN - In Brief 06 May 2026 by Evgeny Gavrilenkov
Apr 23 Prime Minister: Kazakhstan plans to build 5K km of railways in 4 years. Asian Development Bank: By 2030, the bank plans to allocate $5.5 bln to Kazakhstan for green energy and energy infrastructure projects. KMG: Kazakhstan views the Trans-Caspian International Transport Route as a crucial alternative for oil exports. Apr 24 National pipeline company: In March, KazTransOil shipped about 200K tons of oil from Tengiz to Russian Ust-Luga and Georgian Batumi ports. National railways: KTZ plans an IPO at the end of 2026 to pay off its debts. NBK: The bank kept the base rate unchanged at 18%. KMG: TotalEnergies, KMG, and Samruk-Kazyna to invest $1.2 bln in the construction of wind farms in Kazakhstan. National Pipeline Company: KazTransOil has no plan to supply oil to Germany in May. Kaspi.kz: The bank placed 5Y Eurobonds for $600 mln with a coupon of 5.9%. Apr 27 NBK: Kazakh government bonds to be included in the Euroclear international settlement system next year. Apr 28 Energy Ministry: Kazakhstan will redirect 260K tons of oil in May towards the Russian port of Ust-Luga and CPC due to a suspension of transit via the Druzhba pipeline. Apr 29 Energy Ministry: Kazakhstan doesn’t consider any change to the format of its participation in OPEC+. Baiterek: Kazakh state holding Baiterek has placed 7Y Eurobonds for $500 mln at 5.375%. Czech Republic: The Czech Prime Minister, Mr. Babish, said the country is interested in importing oil and uranium from Kazakhstan. Baiterek: The state holding will recapitalize the Development Bank of Kazakhstan for $132 mln. Energy Ministry: Kazakhstan is ready to consider a possible gas export route through Russia and European countries to ...

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