We may get back to constructing fourth oil refinery to accommodate Kashagan oil: PM Massimov
As of today, Kazakhstan-based refineries process a bit over 13 million tons a year. Plans are there to increase oil processing up to 17.5 million tons by 2015.
KazMunaiGas to obtain a loan of $4 billion out of the National Oil Fund to finance Kashagan development
According to Kazakhstan geologists, geological reserves of Kashagan are estimated at 4.8 billion tons of oil.
Kazakhstan’s air force to be equipped with two C-295 military aircraft from European aircraft maker Airbus
By 2018 the military fleet of Kazakhstan will have been equipped with a total of 8 C-295 aircraft.
30-percent pay rise impracticable: ArcelorMittal Temirtau
Management of ArcelorMittal Temirtau have reviewed the decision of the employees conference held on February 25.
Kazakhstan businessmen own Russian airports
Kazakhstan's Meridian Capital bought 50 percent of T.S.Trans Siberia that owns Russian airport holding Novaport.
Kazakhstan may purchase a $400-500 million stake in Russia’s Uralsk Electrochemical Works
Relying on the infrastructure of the Uralsk Electrochemical Works, Russia and Kazakhstan have been working together to launch a joint uranium enrichment facility.
KazAtomProm announces its 2012 capital expenditures figure
In 2011 the Company produced a total of 19 450 tons of uranium, 9% up against 2010.
Kazakhstan’s National Bank becomes a member of the Islamic Financial Services Board (IFSB)
The membership will enable the National Bank to rely on effective support of the Organization to introduce and regulate Islamic financial services in Kazakhstan.
Gazprom Neft buys Kazakhstan fuel stations firm
Management of Gazprom Neft made a decision to approve the purchase of 100-percent stake in Kazakhstan’s Sanol Invest.