US, Kazakhstan energy ministries discuss cooperation

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/19/2026

1. NVDA
2. HD
3. AMLX
4. METC
5. SPY
6. DOO
7. ARGX
8. KLAR
9. INFQ

January 23, 2026 7:29 AM EST

FILE PHOTO: A man scoops up oil with his hands in this illustration taken at oil field in Kazakhstan, April 1, 2025. REUTERS/Pavel Mikheyev/Illustration/File Photo

ALMATY, Jan 23 (Reuters) - ⁠Kazakhstan's energy ⁠ministry ‍said on Friday that it had held talks on energy cooperation ‍with the U.S. Department of Energy and ​the U.S. embassy in the Central Asian country, ​which is a major energy producer, accounting for around 2% of daily oil supply.

In a statement posted ​on Telegram, the ministry said that the two sides had discussed "the implementation of ​Kazakhstan's strategic priorities in the oil and gas industry".

U.S. oil ‌companies including Chevron and ExxonMobil have stakes in Kazakhstan's oilfields. The country's ​production sharply decreased in recent ⁠weeks, after incidents at the Tengiz field took it offline for ‌7-10 days.

Drone strikes on tankers and onshore infrastucture serving the Caspian Pipeline Consortium, which carries ‌the bulk of Kazakhstan's oil exports for loading ‌at the Russian port of Novorossiysk, have further impacted production.

Washington has in recent months been deepening ties ‍with Kazakhstan, with U.S. President Donald Trump inviting his Kazakh counterpart ⁠Kassym-Jomart Tokayev to join his Board of Peace initiative, and to attend the G20 in Miami in December 2026.

(Reporting by Felix Light; Editing by Chizu Nomiyama )


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters

Related Entities

Donald J. Trump