Central Asia: Economy

KZ/KG/TJ+2

Kazakhstan's major Tengiz oil field shut down after fire and drone attacks

A fire and drone attacks have forced Kazakhstan's massive Tengiz oil field to shut down. The field is expected to remain offline for another 7 to 10 days, and shipments through the Caspian Pipeline Consortium have been canceled. Despite this shutdown, Kazakhstan's government says it plans to increase its overall oil production in 2025, with growth expected to come from its western regions.

KZ/KG/TJ+2

Kazakhstan asks for Western help to protect oil shipments after Black Sea attacks

Kazakhstan is asking the United States and Europe to help secure its oil transport routes after recent tanker attacks in the Black Sea. The request comes as Kazakhstan's oil output has dropped significantly because Ukraine's drone strikes have hit Russian oil facilities, which are part of Kazakhstan's main export route.

KZ/KG/TJ+2

Mitsubishi will start importing the rare metal gallium from Kazakhstan

The Japanese trading company Mitsubishi has made a deal to begin importing the rare metal gallium from Kazakhstan. Gallium is a key material used in making semiconductors and electronics.