• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Sunday, June 1
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

    May 29, 2025

    ‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

    May 29, 2025

    DeSantis Signs Bill Making Gold And Silver Legal Tender

    May 28, 2025

    John Deere Announces $20 Billion Plan To Build Up American Manufacturing

    May 28, 2025

    EV Startup Promised To Cut China Ties — Then Reportedly Shared US Data Anyway

    May 27, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Kazakhstan’s Ports: A Vital Node of the Middle Corridor
Finance

Kazakhstan’s Ports: A Vital Node of the Middle Corridor

May 9, 2023No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Kazakhstan’s Ports: A Vital Node of the Middle Corridor
Share
Facebook Twitter LinkedIn Pinterest Email
Advertisement

Kazakhstan is betting heavily on the Trans-Caspian International Transport Route (TITR), or Middle Corridor, as an alternative to reach European and international markets and bypass Russia. Many factors need to be considered to understand whether the corridor will boom in the short or long term; one vital topic is the future of Kazakhstani ports.

Kazakhstan’s Aktau Seaport is the corridor’s principal maritime on the Central Asian side, transporting cargo across the Sea to Baku Port, Azerbaijan. According to Kasym Tlepov, deputy head of the Transport Committee at Kazakhstan’s Ministry of Industry and Infrastructure Development, Astana aims to expand Aktau “by building a new $28.9 million container hub by 2025.” The project, known as Sarzha, will reportedly “improve capacity by more than 500 percent, increasing capacity from 40,000 TEU to 215,000 TEU per year.” 

To attract investment to develop Aktau, Astana created the Special Economic Zone Seaport Aktau, which will run from 2003 until 2028. Astana has also approached potential investors and partners, including the Abu Dhabi Port Group, Singapore’s PSA International, and Japan Inpex. The Japanese company announced in March that “a trial shipment was successfully delivered from the Aktau Caspian seaport to the Port of Baku, thereby opening a new route to ship oil to European markets while bypassing Russian borders.” A cargo of 52,000 oil barrels from the Kashagan oil field was delivered during the trial run. 

Similarly, there are plans to develop a port in Kuryk that would create another node in the Middle Corridor’s network. In an interview with CNBC, Nurzhan Marabayev, CEO of the Kazakh infrastructure investor company Semurg Invest, explained that his company is looking to develop Kuryk port, “a project that includes a bulk cargo terminal, designed for the transshipment of oil, bulk oil cargo, and liquefied petroleum gas.”

See also  Wisconsin Parent Files Lawsuit Against District For Refusing to Provide Copy of Transgender Middle School Teacher's Speech to Students | The Gateway Pundit

So far, I have not found information regarding expansion projects for Bautino Port, a division of Aktau Port; however, this terminal should be similarly monitored.

Enjoying this article? Click here to subscribe for full access. Just $5 a month.

When discussing the Middle Corridor, there is a natural tendency to focus on energy products like oil and gas. This is understandable as Kazakhstan’s main exports are energy-related. Due to the war un Ukraine, Kazakhstan and Europe are keen to find alternatives to bypass Russian territory and minimize reliance on the Caspian Pipeline Consortium (CPC) pipeline (and the infamous Trans-Caspian pipeline will not be built anytime soon). 

That said, it is essential to note that the Middle Corridor does not simply transport oil and gas. Kazakhstan (and the other three members, Azerbaijan, Georgia, and Turkey) can use it to carry other cargo and goods. For example, the Corridor could transport Kazakhstani grain to extra-regional customers, given the global food crisis. Uzbek and Chinese companies are similarly interested in utilizing the TITR to transport goods. Last December, the first Uzbek train, loaded with copper, left for Europe via the corridor. To achieve these kinds of broader objectives, Kazakhstani ports must be developed to handle the extra cargo.

As a corollary to this analysis, it is worth noting that on April 5, Kazakhstan’s atomic company Kazatomprom announced the delivery of “natural uranium concentrates” for Romania’s Societatea Nationala Nuclearelectrica. The company has not disclosed how much natural uranium was delivered. Still, the company highlighted that “Kazatomprom exported its products via the Trans-Caspian International Transport Route.” (I previously discussed the Middle Corridor and Kazatomprom in an article titled “Kazakhstan’s Uranium Industry and the Middle Corridor Come Together.”)

See also  Is Thailand’s Power Grid a Gas Guzzler?
Advertisement

In late April, Kazakhstan’s First Deputy Foreign Minister Kairat Umarov visited Washington and met with U.S. officials, including Under Secretary of State for Political Affairs Victoria Nuland, to discuss topics including energy and trade. Umarov’s visit was a follow up to the late February visit of Secretary of State Antony Blinken to Kazakhstan. While the Kazakhstani media did not explicitly mention that the Middle Corridor was discussed during Umarov’s visit, we can plausibly assume that the TITR was mentioned during energy and trade discussions. While Kazakhstan-U.S. trade is minimal (around $2.7 billion in 2022), U.S. companies operate in the Central Asian country, and Washington has an interested in seeing that European allies and partners have access to the resources and goods they require. 

The Kazakhstani government has big expectations for the Middle Corridor: the TITR can bring profits, investment, and jobs and improve the country’s international image. However, every node must operate as effectively as possible for a transportation system to work efficiently and reliably. The upgrades to Aktau Port, and the Kuryk Port project, are important as they will improve the Corridor’s vital nodes on the Kazakhstani side of the Caspian.

Factors like the future of the Ukraine war will determine whether the Middle Corridor will live up to the ambitions of its four member states, particularly Kazakhstan. While several issues are beyond Astana’s control, having modern and expanded ports will give the Middle Corridor a fighting chance at success.

Corridor Kazakhstans Middle Node Ports vital
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ending China’s De Minimis Exception Brings 3 Benefits for Americans

April 17, 2025

The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

April 17, 2025

Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

April 17, 2025

How China’s Companies Are Responding to the US Trade War

April 16, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Jennifer Lawrence, Meryl Streep, Other A-Listers Threaten to Strike If Actors Union Demands Not Met

July 1, 2023

Jeremy Renner Shares Hilariously Brutal Message From Paul Rudd After Accident

April 11, 2023

Pertamina and Petronas Both Had Good Years in 2023, But For Different Reasons

August 13, 2024

Meta Is Developing A New, More Powerful AI System: Report

September 11, 2023
Don't Miss

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

Business May 29, 2025

Consumers’ Research issued a “Woke Alert” on Thursday warning American shoppers that three European companies…

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025

John Deere Announces $20 Billion Plan To Build Up American Manufacturing

May 28, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,136)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,645)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Paxton Acquitted On All Charges In Impeachment Attempt

September 19, 2023

EU Refuses Deal with UK on Return of Illegal Migrants

August 18, 2023

Massive Layoffs At Intel With Tech 15K Jobs Cut, $1.6B Loss After Biden Administration Funding

August 2, 2024
Popular Posts

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.