Kazakhstan plans to boost refining volumes by 7.6 percent year-on-year to 17 million tonnes and increase production of refined products by 7.8 percent.

The case of Yandex. Taxi has sent alarm bells ringing among investors. What kind of message is Kazakhstan is sending to all the other international companies operating in the country?

The EBRD predicted that growth in the South Caucasus and Central Asia in 2021 would be stronger than it initially expected, though it warned a slow pace of vaccinations left the recovery vulnerable to an autumn COVID-19 wave.

The Central Asian country expects to produce 85.3 million tonnes of oil in 2021 instead of 86 million tonnes forecast earlier.