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

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

May 27, 2025

101 Inspirational August Quotes for a Happy and Positive End to the Summer

May 27, 2025

125 Friendship Day Quotes to Help You Express Your Love and Gratitude to Your Friends

May 26, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Tuesday, May 27
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

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

    May 27, 2025

    Corporate America Retreats From Gay Pride Events Across US Amid Trump DEI Crackdown

    May 24, 2025

    New AI Model Would Rather Ruin Your Life Than Be Turned Off, Researchers Say

    May 23, 2025

    Pharma Giant Buys Bankrupt DNA Collection Company, Acquiring Access To Largest Genetic Database On Earth

    May 20, 2025

    EXCLUSIVE: Massive Telecom Merger Champions Workers In A Way Biden Admin Never Could, FCC Chair Says

    May 20, 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»The Time Is Now For Kazakhstan to Achieve Energy Independence From Russia
Finance

The Time Is Now For Kazakhstan to Achieve Energy Independence From Russia

April 14, 2025No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
War and Migration: Central Asian Migrant Worker Flows Amid the Ukraine Conflict
Share
Facebook Twitter LinkedIn Pinterest Email

Since Europe moved to close its market to Russian gas in the wake of the 2022 invasion of Ukraine, the Kremlin has actively sought new export markets. 

But in 2024, Gazprom – once the world’s largest energy company – reported losses of 1.076 trillion rubles (around $12.89 billion), its first net loss in nearly 24 years, coming after a 2023 profit of 700 billion rubles ($7.51 billion). The situation for the Kremlin worsened when China declined to increase supplies under the Power of Siberia 2 Project, which was meant to offset the loss of 50 billion cubic meters of gas in Europe.

Still in search of new markets, last year Russian President Vladimir Putin reached an agreement with Uzbek President Shavkat Mirziyoyev for the supply of Russian gas to Uzbekistan, known as the “reverse scheme.” The export of gas from Russia to Uzbekistan reached 5.6 billion cubic meters in 2024, with aims to increase the flow up to up to 11 billion cubic meters. 

Uzbekistan, which has its own gas industry, uses Russian gas to address its growing domestic demands, while allowing Tashkent to continue exporting gas to China. Uzbekistan is cashing in on hard currency (approximately $160 per thousand cubic meters) for exports to China while it pays a much lower price for imported Russian gas.

As the gas export crisis is still acute for Russia, the Kremlin is also lobbying to supply Russian gas to northern Kazakhstan, including the capital of Kazakhstan – Astana. Despite western Kazakhstan’s vast gas and oil deposits, the northern regions of the country are not gasified. Gasifying these regions, where over 2 million ethnic Russians live, presents significant geopolitical risks to Kazakhstan similar to those in eastern Ukraine.

See also  Private equity firms Apollo, KKR among those reviewing Silicon Valley Bank loans

It is no secret that Russia has repeatedly used gas supplies as a tool of political pressure. Currently, three-quarters of exported Kazakh oil transits through the Russian port of Novorossiysk. The pipelines critical to Kazakhstan’s exports through Russia are occasionally shut down, on various technical pretexts. These shutdowns often coincide with problems in bilateral relations between Kazakhstan and Russia in other areas, suggesting a political motivation.

The prospect of importing Russian gas to northern Kazakhstan should prompt consideration of how the country uses its own abundant resources. In the country’s oil and gas-rich west, much of the gas produced is reinjected back into the oil reservoirs at fields like Karachaganak, Tengiz, and Kashagan. As oil production is projected to decrease in five to seven years, it will be important for the Kazakh government to make plans for the future utilization of this gas. 

Increasing gas exports will require pipelines. Thus, the Kazakhstan government should negotiate with Russia to ease Moscow’s stern stance on building an oil and gas pipeline from Kazakhstan across the Caspian Sea to Azerbaijan, Turkiye, and then Europe. Russia and Iran have long blocked progress on such routes to expand export of energy from Central Asia to world markets, often using as a pretext discussions on the delimitation of the Caspian Sea. 

Kazakhstan can currently supply oil and gas to German refineries via the Druzhba pipeline, but that still relies on Russia’s permission. Ensuring energy security via diversification of export routes is crucial for Kazakhstan, and laying a pipeline across the bed of the Caspian Sea is essential for Kazakh energy stability and political independence.

See also  Russia Destroys Western Tank in Ukraine for First Time, Reports Claim

The costs of laying a gas pipeline across the Caspian Sea could be shared with Turkmenistan, which also stands to benefit. And the EU may be enticed to help with financing too. Turkmenistan and Kazakhstan have, together, the fourth-largest gas reserves globally, and can replace Russian or costly American liquefied natural gas in Europe, meeting Europe’s needs for decades to come.

At the recent EU-Central Asia summit, held on April 3-4 in Samarkand, European Commission President Ursula von der Leyen announced plans to invest over 12 billion euros in regional infrastructure development. Concurrently, China is making significant investments in expanding logistics on the Kazakh coast of the Caspian Sea as part of its Belt and Road Initiative (BRI).

Current geopolitical conditions, as tumultuous as they are, are nevertheless conducive for Kazakhstan to achieve energy independence from Russia. 

Europe would support such a project given increasingly unpredictable trade relations between Europe and the United States. China’s development of oil and gas deposits in western Kazakhstan would favor increasing exports too, but most important is Russia’s reduced geopolitical influence in the region. In 2023, Russia lost its economic hegemony to China for the first time since the Russian Empire colonized Central Asia. According to 2024 data, trade volumes between Kazakhstan and China have exceeded $40 billion, compared to $27 billion between Kazakhstan and Russia. A similar situation can be observed in Uzbekistan as well.

Today Kazakhstan has a crucial opportunity to diversify its oil and gas pipelines given Russia’s geopolitical and economic weaknesses. To maintain economic and political independence, the Kazakhstan government must act quickly by capitalizing on Russia’s own desire to seek new markets for it gas. The Russian willingness to export gas to northern Kazakhstan should have a price – and that price should be Moscow’s acquiescence for Kazakhstan to sell its own gas to Europe, bypassing Russia. 

See also  Elon Musk Talks Twitter, Censorship on 'Real Time With Bill Maher'
Achieve energy independence Kazakhstan Russia Time
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

OpenAI CEO Warns: ‘Not A Huge Amount Of Time’ Until China Overpowers American AI

May 9, 2025

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
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Oil pops, futures mixed as second quarter gets underway: Stock market news today

April 3, 2023

Broadway Star Chris Peluso Dies At 40

August 18, 2023

Wealthy Democrat Mega-Donor Eliot Culter Gets Just 9 Months In Jail for Child Pornography

May 6, 2023

Northwestern State Cancels Football Season After Player’s Tragic Death

October 27, 2023
Don't Miss

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

Business May 27, 2025

TuSimple, an American self-driving truck startup, told federal officials it would stop sharing technology with…

101 Inspirational August Quotes for a Happy and Positive End to the Summer

May 27, 2025

125 Friendship Day Quotes to Help You Express Your Love and Gratitude to Your Friends

May 26, 2025

Corporate America Retreats From Gay Pride Events Across US Amid Trump DEI Crackdown

May 24, 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 (4,132)
  • 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

How To Use a Clay Mask for Skin, from an Esthetician

May 5, 2023

The Border Crisis Is Crippling US Companies’ Supply Chains

September 29, 2023

Biden FTC Sues Amazon, Claiming Tech Giant Is An Illegal Monopoly

September 26, 2023
Popular Posts

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

May 27, 2025

101 Inspirational August Quotes for a Happy and Positive End to the Summer

May 27, 2025

125 Friendship Day Quotes to Help You Express Your Love and Gratitude to Your Friends

May 26, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

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