For the second consecutive year, Turkmenistan is facing the problem of decline in the amount of its natural gas customers. In 2017 Ashgabat reduced the list of its natural gas export routes down to one, namely, to China.
It is essential for the oil-rich Kazakhstan to ensure the progressive development of the export capacity in all the major export routes, as well as to secure transportation of oil and petroleum products to domestic markets.
In 2014 and 2015, the trade volumes in terms of tenge of Kazakhstan Stock exchange (KASE) grew with an enormous pace, with annual growth of 45.9% and 97.0% respectively.
As an energy-rich developing country, Kazakhstan is deeply concerned over its ability to provide sufficient energy supply for sustainable economic growth.
The first official reaction that came from Russia after Donald Trump’s victory over Hilary Clinton in the U.S.
2016 turned out to be the hottest year on record. Moreover, with 2014 and 2015 previously winning the title of the hottest year, 2016 becomes third one in a row. Besides, 16 out of 17 hottest years on instrumental temperature record took place in the 21st century.
In March-April of 2014, the US and the European Union countries, Canada along with Australia and Japan imposed sanctions on Russia over Ukrainian/Crimean crisis. These sanctions mostly targeted Russian arms, energy and financial state-owned entities and Russian officials.
The yearly meeting of the Supreme Eurasian Economic Council was held in St. Petersburg on December 26, 2016.