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Dubai Benchmark Slips Into Contango for the First Time Since July

The curve of the Dubai benchmark is showing signs that rising oil flows from the Middle East are exceeding demand for the first time since early July, when the three-week U.S.-Iran ceasefire allowed millions of barrels to leave unhindered the Strait of Hormuz. Physical flows have been gradually rising for the past two…

OilPrice.com Порты и суда
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Food Spending in Kazakhstan Tops Half of Consumer Budgets

Kazakhstan, Central Asia’s largest economy, ranks among the ten countries with the highest shares of consumer spending devoted to food in an international comparison. National figures show that food purchases continue to consume more than half of household consumer budgets despite rising cash incomes. According to int…

Times of Central Asia Аналитика
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Kazakhstan Signs Alatau City Agreements With $1.3 Billion Investment Potential

Kazakhstan has signed nine agreements with international partners in London to support the development of Alatau City in Almaty Region. The government estimates their combined investment potential at $1.3 billion. The agreements cover infrastructure construction and the development of education and healthcare. The agr…

Times of Central Asia Средний коридор
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Kazakhstan Tiger Reintroduction: Second Amur Tiger Released into the Wild

Kazakhstan has released a second Amur tiger into the wild as part of a program to restore the big cats to Central Asia. The male, named Amur, was freed in the Ile-Balkhash State Nature Reserve in southeastern Kazakhstan on October 31. The first tiger, a female named Umit, was released on July 31. According to Kazakhst…

Times of Central Asia Средний коридор
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Osinovsky Pass Bypass Opens in Kazakhstan After Years of Delays

A new road bypassing the Osinovsky Pass in eastern Kazakhstan opened to traffic on October 30 , offering motorists an alternative to a route frequently subject to winter travel restrictions. The bypass’s centerpiece is a 175-meter bridge across the Pikhtovka River, rising up to 45 meters above a gorge. The constructio…

Times of Central Asia Средний коридор
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Kazakhstan and China Discuss $200 Million Fund for Middle Corridor

Kazakhstan and China are discussing a joint investment fund with a preliminary target of up to $200 million to develop the Trans-Caspian International Transport Route, the Kazakh government said on November 2. The route, also known as the Middle Corridor, connects China and Europe through Kazakhstan, the Caspian Sea, …

Times of Central Asia Средний коридор
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Azerbaijan's electric vehicle imports plunge 56% in first nine months of 2026

Azerbaijan imported 680 electric vehicles between January and September 2026, marking a 56.4% decline compared with the corresponding period of 2025. According to data released by the State Customs Committee, the total value of electric vehicle imports fell by...

Azernews Торговля
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Two Locations Considered for Kazakhstan’s Third Nuclear Power Plant

Kazakhstan is considering two possible locations for its third nuclear power plant: the city of Kurchatov in the east of the country and an as-yet-unspecified site in western Kazakhstan. Almassadam Satkaliyev, chairman of the Atomic Energy Agency, outlined the options at a parliamentary committee meeting on November 2…

Times of Central Asia Средний коридор
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Kazakhstan Resumes Oil Exports Through Russian Pipeline After Drone Attack

Kazakhstan resumed oil shipments through the Atyrau-Samara pipeline on November 3, a day after a drone attack on a Russian transit hub forced pumping to stop. The disruption again exposed the vulnerability of Kazakh exports to attacks on infrastructure beyond the country’s borders. The attack targeted facilities at th…

Times of Central Asia Средний коридор
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Azerbaijan bets on Caspian winds to build its next energy export industry

For much of its modern history, Azerbaijan's economic and political influence has been closely tied to oil and gas. The country built its reputation as an energy producer long before the current debate about energy diversification and the green transition became a global priority. Its pipelines connected the Caspian b…

Azernews Средний коридор
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Saudi Aramco Profit Beats Expectations as Oil Prices Soar

Saudi Aramco beat analyst estimates of its third-quarter profit as higher crude oil and fuel prices offset the impact of oil supply disruptions due to attacks on its assets. The Saudi state oil giant on Tuesday reported an adjusted net income of $31.2 billion for the third quarter, up from $28.6 billion for the same p…

OilPrice.com Аналитика
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Kazakhstan, Azerbaijan discuss expansion of Middle Corridor

Kazakhstan’s Transport Minister Nurlan Sauranbayev, Azerbaijan’s Ambassador to Kazakhstan Alimirzamin Asgarov, and AZCON Holding representative Shahin Babayev have discussed prospects for bilateral cooperation at a meeting in Astana.

Azernews Средний коридор
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Azeri Light oil price falls 7.66% per barrel

The price of Azerbaijan's Azeri Light crude oil fell by $9.66, or 7.66%, to $116.50 per barrel on a CIF basis at Italy's Augusta port.

Azernews Торговля
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Central Asian Museum Experts Visit U.S. to Study Heritage Preservation

A group of museum workers and other cultural heritage specialists from Central Asia are currently in the United States to study preservation practices and exchange experiences with counterparts at the Getty Museum and other American institutions. Experts from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbek…

Times of Central Asia Средний коридор
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Kazakhstan’s Carbon Black: Finding Value in Mining By-Products

London-listed Ferro-Alloy Resources (FAR) is developing a large vanadium deposit in Kazakhstan, as The Times of Central Asia reported in July, and operates a smaller concentrate-processing plant that recovers vanadium, molybdenum and nickel from purchased concentrates. The project could supply growing markets for vana…

Times of Central Asia Средний коридор
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Sanctioned Iranian Tanker Slips Past U.S. Blockade, Delivers Cargo to China

A sanctioned Iranian tanker carrying about 500,000 barrels of liquefied petroleum gas slipped past the U.S. naval blockade and delivered its cargo to China, according to United Against Nuclear Iran (UANI), which says it filmed the ship at a Malaysian anchorage along the way. Tanker laden with Iranian LPG transiting th…

OilPrice.com Порты и суда
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Rare Iranian Strike On Vessel Hundreds Of Miles From Strait Of Hormuz

Sunday saw another vessel attacked in Persian Gulf regional waters. The UK Maritime Trade Operations agency (UKMTO) reported that a ship was struck by two projectiles some 83 miles east of Ras al-Khafji, which is the Saudi town on the Kuwaiti border in the northern Persian Gulf. Significantly and unusually, this parti…

OilPrice.com Порты и суда
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Şanlıurfa light rail construction contract awarded

TURKEY: Şanlıurfa municipality has let a contract to construct the first phase of the city’s future light rail system to a consortium of Sigma İnşaat, Emreray Enerji and Vestan İnşaat. The consortium submitted a winning bid of TL3.39bn, the lowest of seven bids received. Phase 1 involves construction of a 14 km north-…

RailTech.com Железные дороги
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Kazakhstan Detains Ten Over Alleged Plot to Change Constitutional Order

Kazakhstan’s security service has detained ten people in the western city of Atyrau over an alleged plan to change the constitutional order by force. Investigators also say the suspects operated three underground educational centers for children and teenagers. The National Security Committee (KNB) announced on Novembe…

Times of Central Asia Средний коридор
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Russia–Azerbaijan Military Cooperation Expands Amid Baku–Ankara Tensions

Russia and Azerbaijan have signed a program to build and modernize facilities for repairing armored vehicles used by the Azerbaijani military. The agreement was announced on November 1, two days after the Organization of Turkic States (OTS) summit in Ankara, which Azerbaijani President Ilham Aliyev did not attend amid…

Times of Central Asia Средний коридор
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Interview with Umud Shokri: Can Kazakhstan Reduce Its Dependence on Russian Oil Export Routes?

Kazakhstan sent more than four-fifths of its oil exports in 2025 through the Caspian Pipeline Consortium (CPC), which crosses Russia to the Black Sea. Repeated disruptions have exposed the risks of relying so heavily on a single route. While alternative shipments across the Caspian Sea are growing, volumes remain smal…

Times of Central Asia Средний коридор
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Uzbekistan’s Mirziyoyev Proposes 100 Joint Projects for Turkic States

Uzbekistan’s President Shavkat Mirziyoyev has proposed a program for 100 joint investment and industrial projects among members of the Organization of Turkic States (OTS). Speaking at the OTS summit in Ankara on October 30, Mirziyoyev said the “Turkic World – 100” program would support industrial cooperation and help …

Times of Central Asia Средний коридор
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Kazakhstan Tree Planting Drive Faces Wildfires and Low Survival Rates

In late October, as firefighters battled forest fires in three regions of Kazakhstan, authorities announced a 300 million tenge (approximately $660,000) project, funded by state-owned Samruk-Kazyna, to restore pine forests in the Semey Ormany nature reserve in the country’s east. The project involves planting three mi…

Times of Central Asia Порты и суда
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Central Asian Cinema Showcased at Asian Film Festival Barcelona

A young Kazakh couple who fake a terminal illness to raise money online are at the center of Sicko , one of several Central Asian films screened at this year’s Asian Film Festival Barcelona. The festival, which concluded on November 1, also featured the award-winning Kyrgyz drama Kurak and other productions from acros…

Times of Central Asia Средний коридор
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Iraq's Oil Exports via Turkey Surge to 500,000 Bpd

Iraq has boosted its crude oil exports via the Turkish Mediterranean port Ceyhan to 500,000 barrels per day (bpd), as OPEC’s second-largest producer has started trucking Basrah crude to the pipeline system to the north. Iraq has hiked exports from Turkey to 500,000 bpd for the first time since pipeline operations resu…

OilPrice.com Порты и суда
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Armenia begins preparatory work on TRIPP railway and highway project

The Government of Armenia has effectively already begun implementing the “Trump Route for International Peace and Prosperity” (TRIPP) project, Prime Minister Nikol Pashinyan told lawmakers on Monday, according to Armenpress.

Azernews Железные дороги