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  1. Main
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Economy

Government and Samruk-Kazyna to submit final plan on People’s IPO within 10 days Government and Samruk-Kazyna to submit final plan on People’s IPO within 10 days I believe the efforts to raise general public’s awareness of the IPO have been inadequate: PM Massimov.
29 February 2012
We may get back to constructing fourth oil refinery to accommodate Kashagan oil: PM Massimov 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.
29 February 2012
KazMunaiGas to obtain a loan of $4 billion out of the National Oil Fund to finance Kashagan development 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.
29 February 2012
Kazakhstan’s air force to be equipped with two C-295 military aircraft from European aircraft maker Airbus 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.
29 February 2012
30-percent pay rise impracticable: ArcelorMittal Temirtau 30-percent pay rise impracticable: ArcelorMittal Temirtau Management of ArcelorMittal Temirtau have reviewed the decision of the employees conference held on February 25.
28 February 2012
Kazakhstan Government introduces moratorium on hiring extra manpower by public bodies Kazakhstan Government introduces moratorium on hiring extra manpower by public bodies In a statement January 27, 2012 President Nazarbayev instructed Head of Samruk-Kazyna Sovereign Wealth Fund, “to optimize the headcount of ministries, regional governors’ offices”.
28 February 2012
$3-3.5 billion of the National Oil Fund money may be injected into investment projects in 2013-2016 $3-3.5 billion of the National Oil Fund money may be injected into investment projects in 2013-2016 In his State of the Nation Address January 27, 2012, President Nazarbayev suggested the National Oil Fund money be used in the form of loans to the national economy rather than kept with foreign banks.
27 February 2012
Kazakhstan GDP per capita will reach $12.5 thousand Kazakhstan GDP per capita will reach $12.5 thousand Kazakhstan Prime-Minister talked about the plans for Kazakhstan's economis growth in 2012.
27 February 2012
Russia to send its oil to Kazakhstan duty free before 2014 Russia to send its oil to Kazakhstan duty free before 2014 After 2014 the two nations will be relying on swap operations: Samruk Kazyna Sovereign Wealth Fund Head Umirzak Shukeev.
27 February 2012
TENGRI LIFE
TENGRI TRAVEL
Kazakhstan is to enter the WTO by the end of the year: PM Massimov Kazakhstan is to enter the WTO by the end of the year: PM Massimov According to him, the Government is defending the most favorable conditions to develop the national economy following the accession.
27 February 2012
More National Oil Fund money to be injected to the national budget in crisis periods More National Oil Fund money to be injected to the national budget in crisis periods The annual transfer from the National Oil Fund to the national budget in crisis years may grow from $6.8 to $9.2 billion.
27 February 2012
Kazakhstan businessmen own Russian airports Kazakhstan businessmen own Russian airports Kazakhstan's Meridian Capital bought 50 percent of T.S.Trans Siberia that owns Russian airport holding Novaport.
27 February 2012
Petrol sold in Kazakhstan does not always comply with claimed quality: Industry Ministry Petrol sold in Kazakhstan does not always comply with claimed quality: Industry Ministry Commission for Technical Regulation and Metrology stated big number of detected violations during retail sales of fuel in 2011.
27 February 2012
Development of Kazakh stock market depends on people's attitute to securities Development of Kazakh stock market depends on people's attitute to securities Chairman of Centras Securities took part in Professional Talk show on STV.
27 February 2012
Fuel prices in Kazakhstan to remain unchanged in March Fuel prices in Kazakhstan to remain unchanged in March Fuel prices ceiling will remain at the same level as in February in Kazakhstan.
26 February 2012
International trucking market in Kazakhstan brings $1 billion per year International trucking market in Kazakhstan brings $1 billion per year The volume of the international trucking market made $1 billion in Kazakhstan in 2011.
24 February 2012
Kazakhstan fuel stations ask to lessen the difference between fuel prices in Russia and Kazakhstan Kazakhstan fuel stations ask to lessen the difference between fuel prices in Russia and Kazakhstan Owners of Kazakhstan fuel stations call for less difference in fuel prices between Kazakhstan and Russia.
24 February 2012
Kazakhstan may purchase a $400-500 million stake in Russia’s Uralsk Electrochemical Works 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.
24 February 2012
Kazakhstan considering a single grain company Kazakhstan considering a single grain company According to the State Agency for Statistics, grain production in Kazakhstan in 2011 totaled 26.9 million tons (net weight), with exports potential standing at 15 million tons.
24 February 2012
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