Bi-Weekly Economic News Summary

KAZAKHSTAN - In Brief 13 Nov 2025 by Evgeny Gavrilenkov
Nov 1 Prime-minister: Swiss Harvest Agro plans to invest more than $700 mln in the development of agriculture projects in Kazakhstan. Nov 2 OPEC+: Oil production by OPEC+ countries in 1Q26 may decrease moderately vs December level due to Kazakhstan's obligations to compensate for the significant excess production in the previous periods. Compensation will peak in 1H26, with a consistent increase. In particular, the country will have to reduce production by 198K bpd in January, by 306K bpd in February, and by 456K bpd in March. KMG: The company and the Russian LUKOIL are conducting a comprehensive assessment of the impact of sanctions on joint projects. National pipeline company: Kazakhstan increased oil exports to Germany by 25% m-o-m, to 225K tons in October. Nov 5 National nuclear company: Kazatomprom increased uranium production by 11.7% y-o-y in 9M25. Ministry of Agriculture: Kazakhstan’s grain harvest increased in 2025 by 2% y-o-y. Bureau of National Statistics: Annual inflation in Kazakhstan slowed to 12.6% y-o-y in October (0.5% m-o-m). Ministry of Agriculture: China's Hopefull may invest $1.5 bln in a deep grain processing project in Kazakhstan. National railways: Kazakhstan doubled (in annual terms) its grain shipments to Russian ports in October. Nov 6 President: Kazakhstan and the US signed a memorandum of cooperation in the field of critically important minerals. Oil transportation: The volume of oil and gas condensate pumping through the Baku-Tbilisi -Ceyhan pipeline in 9M25 decreased by 13.6% y-o-y. Energy Ministry: Kazakh Energy Minister Mr. Akkenzhenov discussed the impact of US sanctions on the Kazakh economy with Mr. Smith, Director of OFAC. President...

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2025 GlobalSource Partners. All rights reserved. This is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this or its contents.