AGP Executive Report
Last update: 25 minutes agoFuel Crunch Spillover: Russia’s fuel crisis is worsening, with reports of drivers stuck in 39-hour queues in Siberia and Moscow reportedly eyeing Japanese jet fuel routed via South Korea to plug shortages. Kazakhstan Energy Policy: Kazakhstan plans to extend its gasoline and diesel export ban through May 2027, with tighter limits also set for light distillates and aviation kerosene. Gold Demand: Central banks bought a net 41 tonnes of gold in May; Kazakhstan added 7 tonnes, continuing a broader push by regional buyers. EU Outreach: Kazakhstan’s Brussels “yurt” diplomacy highlights a wider charm offensive after Tokayev’s EU visit and a package of deals worth about €10 billion. Digital & Services: Astana is rolling out “Smart Point” government service hubs, while Kaspi.kz unveiled “Kasper,” an AI shopping assistant. Business & Investment: EBRD backs Kazakhstan’s Ertis gold processing expansion with up to $300m, and Kazakhstan and Norway held foreign ministry consultations to deepen ties.
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