Main | Economy

Economy

production Oil news KazMunaiGas Kazakhstan Kazakh release coin bank management ArcelorMittal Kashagan TeliaSonera KazakhTelecom harvest grain agriculture Russia export Customs Union CIS Belarus price fuel Europe National Fund National Bank crisis user Internet Sberbank BTA Bank WTO European Union EU trade import Azerbaijan Massimov Masimov Karim Massimov Karim Masimov Majilis budget trafficking drug

KazMunaiGas Exploration and Production on its production targets For the 9 months of 2011 the Company produced 9.207 million tons of oil, 7% down against the like period of 2010.

20 октября 2011

National bank of Kazakhstan released Aitys coin: Photo National Bank of Kazakhstan released a new commemorative coins.

20 октября 2011

Director General of ArcelorMittal in Kazakhstan Frank Pannier will leave his position Management of ArcelorMittal in Kazakhstan will change on November 1.

20 октября 2011

France’s Total believes oil production at giant Kashagan oilfield will start late 2012 at 300 000 barrels a day According to Kazakhstan geologists, geological reserves of Kashagan are estimated at 4.8 billion tons of oil.

19 октября 2011

TeliaSonera to increase its stake in GSM Kazakhstan One of the leaders of the cellular markets in Sweten and Switzerland will increase it's stake in GSM Kazakhstan Kazakhtelecom.

18 октября 2011

Kazakhstan has thrashed 27.8 million tons of grain Grain has been reaped from 98.3% of the area under crops.

18 октября 2011

Kazakhstan's export to CU countries reached 5-years maximum Kazakhstan's export to Russia and Belarus made $7 billion during the year of existence of the Customs Union.

18 октября 2011

Kazakhstan has cheapest petrol among CIS and European countries Analysts studied statistics of 32 countries in terms of prices of AI-95 fuel (with 95 octane number) at the end of September 2011.

18 октября 2011

Second wave of global crisis may have Kazakhstan spend $20 billion out of National Oil Fund: Gregory Marchenko A total of $10 billion out of the Fund was spent to combat the crisis of 2008-2010.

18 октября 2011

Daniyar Berlibayev appointed head of gas projects in KazMunaiGas Daniyar Berlibayev appointed Managing Director on Gas Projects of KazMunaiGas national oil&gas; company.

17 октября 2011

Kazakhstan exceeded target on Internet users Kazakhstan Minister of Information and Communications said that density of Internet users reached 41.1 percent in September 2011.

17 октября 2011

Fuel prices in Kazakhstan will not change in November We haven't made out decision about November yet, but I think they will not be changed: Oil and Gas Minister.

17 октября 2011

Sberbank Head German Gref refuses to comment on probability of Russia’s Sberbank purchasing BTA We do not comment on clients’ transactions and on our partners. This has nothing to do with the Bank’s transparency: German Gref.

15 октября 2011

First supply of Russian petrol delivered to Kazakhstan to overcome fuel shortages: Oil and Gas Minister The decision to purchase 50 000 tons of petrol had been taken by the Kazakhstan’s Government in September against the backdrop of substantial fuel shortages.

15 октября 2011

Kazakhstan and EU agreed on access to services market upon entering WTO Negotiations on access to services market upon Kazakhstan's ascent into the WTO completed between Kazakhstan and the European Union on October 12 in Brussels.

14 октября 2011

January – August foreign trade turnover announced Earlier Tengrinews.kz reported that Kazakhstan’s Ministry of Economy Development and Trade had raised estimated 2011 exports to 76.3 billion, $17.2 billon up against the earlier estimate.

14 октября 2011

Kazakhstan’s oil transit across Azerbaijan to reach 8 million tons a year Oil transported across the Caspian Sea to Azerbajan terminals is further transported to Georgian ports of Batumi and Kulevi by railways.

14 октября 2011

Karim Massimov to suggest way out of economic crisis to CIS I am planning to suggest to our colleagues, mainly from the Customs Union, to coordinate our actions in withstanding against the challenges and threats that we are currently facing: Karim Massimov.

13 октября 2011

Kazakhstan Majilis approved 2012-2014 budget Deputies of Kazakhstan Majilis passed the 2012-2014 draft budget.

13 октября 2011

$260 million allocated for drugs countering in Kazakhstan $230 million has been set aside for border services and customs control authorities of Kazakhstan for reinforcement of drug control.

11 октября 2011

TENGRI LIFE

TENGRI TRAVEL