Bi-Weekly Economic News Summary

KAZAKHSTAN - In Brief 26 Feb 2026 by Evgeny Gavrilenkov
Feb 13 World Bank: The Bank is ready to provide financing up to $1bln per year for projects in Kazakhstan in 2026-2031. National railways: IPO of Kazakhstan Railways may take place in May. KMG: The company increased oil and gas condensate production by 10% in 2025. US Embassy: The US is working with the CPC to ensure the security of this oil supply route. Eurasian Development Bank: The bank and the Eurasian Bank have allocated $180 mln for the modernization of the Ust-Kamenogorsk thermal power plant. Feb 16 National railways: The company has placed domestic bonds worth CNY1.6 bln. Samruk-Kazyna: The fund confirms Tatneft's withdrawal from the butadiene production project in Kazakhstan. Energy Ministry: Kazakhstan may attract partners from China for the construction of three thermal power plants. Bureau of National Statistics: Kazakhstan's foreign trade turnover increased by 1.3% in 2025. Feb 17 Government: Kazakhstan plans to further reduce the oil-and-gas sector in GDP in the medium term (in 2010-2024 this share decreased from 16.5% to 8.1%) Energy Ministry: Kazakhstan intends to build its fourth oil refinery by 2033. Tengizchevroil: The company is gradually increasing production volumes at Tengiz oil field after it was suspended in January. KMG: The company and the Russian LUKOIL continue negotiations on Kazakhstani assets of the latter. Bureau of National Statistics: In January, investments in fixed assets increased by 3.4% y-o-y. Bureau of National Statistics: Industrial production decreased by almost 7% y-o-y last month. Bureau of National Statistics: Cargo turnover in Kazakhstan increased by 5.4% y-o-y in January. Feb 18 National railways: KTZ Express logistics c...

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