Gas Transit from Russia through Kazakhstan Almost Tripled in 8 Months
The volume of Russian gas transiting through Kazakhstan has surged this year, according to the Kazakh Ministry of Energy. Data from the ministry indicates that while the total for last year was 1.28 billion cubic meters, it has already reached 3.5 billion cubic meters in the first eight months of this year. Kazakhstan is increasing gas transit from neighboring countries, including Russia, which is supplying gas through the Kazakh gas transportation system to Uzbekistan. Additionally, Uzbek and Turkmen gas is being transported through the country to China.
Energy
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The Kremlin has declined to predict the developments surrounding a possible deal between European companies and Azerbaijan for gas exports through Ukraine’s gas transportation system, noting Ukraine's refusal to extend its transit contract with Russia.
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The Saudi company ACWA Power has allocated $238 million for the construction of the "Khızı-Abşeron" wind power plant (WPP) with a capacity of 240 MW near Baku. According to the Middle Eastern publication “Gulf Business,” the power plant is expected to be fully operational in the first half of 2026.
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A gas trading center as part of the international gas hub project will be opened in Istanbul in 2025, said Türkiye's Minister of Energy and Natural Resources Alparslan Bayraktar in an interview with the “Milliyet” newspaper. "In 2025, we will create a robust infrastructure that, in partnership with “Botas” and “Gazprom”, will manage a trading platform in the Istanbul Financial Center.
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From January to October 2024, Russia boosted its pipeline gas exports to Europe by more than 15%, reaching 26.52 bcm, TASS reported based on daily data from Gazprom on transit through Ukraine and the European Network of Transmission System Operators for Gas (ENTSOG).
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