Kazakhstan completes acquisition of a 10% stake in Karachaganak Kazakhstan completes acquisition of a 10% stake in Karachaganak As a result of the deal the ownership structure looks as follows: BG Group holds 29.25%, Eni 29.25%, Chevron 18%, LUKOIL 13.5%, with the Kazakhstan Government holding the other 10%.
28 June 2012 19:39
President Nazarbayev called KazMunaiGas to improve analysis and forecasts President Nazarbayev called KazMunaiGas to improve analysis and forecasts KazMunaiGas oil and condensed gas production in 2011 totaled 21.1 million tons. Plans are to produce 21.9 million tons in 2012.
27 June 2012 17:59
KazMunaiGas will spend $3 billion on geological exploration in 5 years KazMunaiGas will spend $3 billion on geological exploration in 5 years KazMunaiGas will invest 500 billion tenge into geological exploration of promising blocks in the nearest 5 years.
20 June 2012 19:48
KazMunaiGas calculates profits from oil dispatches via Romanian marine terminal KazMunaiGas calculates profits from oil dispatches via Romanian marine terminal Having created a direct link between the terminal and refinery we have optimized the oil supply process and significantly decreased technological losses and costs: KMG.
13 June 2012 16:07
Air Astana introduced $75 service charge on international flights Air Astana introduced $75 service charge on international flights Air Astana has introduced a service charge for issuing tickets for international flights in sales offices and agencies starting from June 1.
12 June 2012 19:08
Air Astana to launch Astana-Beijing flight Air Astana to launch Astana-Beijing flight Aviation authorities of Kazakhstan and China have agreed on a direct connection between the two capitals.
12 June 2012 15:08
Kazakhstan Transport Ministry issued temporary permit for Almaty-Kiev flight Kazakhstan Transport Ministry issued temporary permit for Almaty-Kiev flight Kazakhstan Ministry of Transport and Communications has issued a temporary permit to Ukrainian International Airlines for Kiev-Almaty-Kiev flights.
06 June 2012 21:39
KazakhTelecom to invest $400 million in 4G network development KazakhTelecom to invest $400 million in 4G network development KazakhTelecom to invest about $400 million in Long Term Evolution (LTE) technology aiming at 4G network development.
04 June 2012 10:16
New head of Rompetrol Group appointed New head of Rompetrol Group appointed Former head of KazMunaiGas-Processing and Marketing Zhanat Tussupbekov was appointed Director General of Rompetrol Group.
25 May 2012 20:45
Sberbank has no interest in buying stakes in Kazakhstan banks Sberbank has no interest in buying stakes in Kazakhstan banks Sberbank’s Kazakhstan subsidiary is quite large and we no longer need acquisitions: Sberbank's CEO.
23 May 2012 17:09
Kazakhstan President met with the chairman of Glencore International AG Kazakhstan President met with the chairman of Glencore International AG The meeting covered prospects of development of mutual cooperation.
23 May 2012 14:28
Nazarbayev met Total and General Electric Transportation top managers Nazarbayev met Total and General Electric Transportation top managers President Nazarbayev received Total and General Electric Transportation senior management in his residence.
23 May 2012 10:30
Debates over expediency of a nuclear power plant in Kazakhstan still under way: KazAtomProm Head Debates over expediency of a nuclear power plant in Kazakhstan still under way: KazAtomProm Head Early May a State Agency for Atomic Power Industry was launched to regulate atomic power industry.
18 May 2012 17:57
Kazakhstan sold LUKOIL geological materials worth $3 million Kazakhstan sold LUKOIL geological materials worth $3 million The company had bought geological materials that are now available to all our colleagues: LUKOIL President.
18 May 2012 10:25
Financial police to investigate into bribe allegations over Kashagan Financial police to investigate into bribe allegations over Kashagan Early May Сorriere della Sera, an Italian newspaper, ran a material that Milan Prosecutor Office reportedly suspects Eni of bribing at the time of signing the deal on development of the Kashagan oilfield.
17 May 2012 13:53
Only 19 percent of Samruk-Kazyna employees improved qualification Only 19 percent of Samruk-Kazyna employees improved qualification Only 19 percent of the production personnel of Samruk-Kazyna companies have undergone trainings to improve their qualifications.
14 May 2012 17:00
Corruption claims will have no effect on Kashagan project: Kazakhstan Oil and Gas Ministry Corruption claims will have no effect on Kashagan project: Kazakhstan Oil and Gas Ministry Kazakhstan Oil and Gas Ministry considers foreign media's accusing of Eni company of bribery during signing of contracts on Kashagan oil and gas field an internal battle between participants of the project.
12 May 2012 16:39
Kazakhmys Chairman of the Board to transfer his powers to an independent director Kazakhmys Chairman of the Board to transfer his powers to an independent director Mr. Kim has been heading the Board since the Company floated its shares in London back in 2005.
12 May 2012 13:45

Exchange Rates

 486.11   553.92   6.31 

 

Weather

Almaty