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
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny






