Maintenance works are planned to be held on a major Tengiz oil field in Kazakhstan in August-September, the country’s Energy Ministry spokesman told The Tribune.

Azerbaijan halted natural gas supplies to Turkey from the Shah Deniz I offshore field.

The Central Asian country makes efforts to improve its investment climate after more than two decades of economic isolation that kept foreign private businesses at a distance. President Shavkat Mirziyoyev made the attraction of foreign investors one of the top priorities of his ambitious reform agenda.

Azerbaijan’s state energy firm SOCAR said it had completed its engagement in the management of Antipinsky oil refinery in Russia, the company said in a joint statement with Russia’s Sberbank.

Kazakhstan's National Bank said it had kept the key policy rate unchanged at 9 percent, marking the fifth consecutive hold, after having cut it by 50 basis points in July 2020.