KazMunaiGas to lay off 25% of its headcount
January 27, 2012 President Nazarbayev instructed Umirzak Shukeev, Head of Samruk-Kazyna Sovereign Wealth Fund, “to optimize the headcount of ministries, regional governors’ offices.
KazAtomProm’s 2012 plans
KazAtomProm National Nuclear Company plans to inject over $20 million to finance geological exploration operations in 2012-2015: Company’s Head Vladimir Shkolnik.
KazMunaiGas announces oil production plans
Earlier Kazakhstan’s Minister of Oil and Gas Sauat Mynbayev reported that Kazakhstan planned to produce a total of 83 million tons of oil and condensed gas.