The Kazakh Lion in winter
Kazakhstan’s former long-time leader is approaching a landmark birthday. But he is resisting any temptation to mark it with a comeback
Nursultan Nazarbayev, the builder of modern Kazakhstan, is successfully recovering from a bout of Covid-19, his associates say, as his 80th birthday fast approaches next week. And he is already preparing to help his country pull through its next big challenge: diversifying revenue away from hydrocarbons amid a global economy decimated by the virus and with huge dents in its demand for oil and gas. But the political veteran, who stepped down as president last year but retains the symbolic title of ‘first president’ (and continues to serve as chairman of Kazakhstan’s security council), has no plans to formally return to power, a senior Kazakh official tells Petroleum Economist. Rumours of str
Also in this section
18 November 2024
The company is on track to boost import terminal capacity by 40% in three years, CEO Akshay Kumar Singh tells Petroleum Economist
15 November 2024
With Chevron and AIM-listed Challenger Energy having completed their Uruguayan farm-out deal, Challenger CEO Eytan Uliel updates Petroleum Economist on the firm's progress in the frontier basin
14 November 2024
The country is seeking to secure its position as a major global refiner and meet rising domestic requirements
13 November 2024
IOCs are focused on the next wave of exploration activity in Namibia and are keen to learn from one another’s results