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Economy

Samruk Kazyna news Kazakhstan Kazakh production Oil KazMunaiGas release
Timur Kulibayev wants independent audit of national companies' Boards of Directors Timur Kulibayev wants independent audit of national companies' Boards of Directors He also admitted that national companies that are part of Samruk-Kazyna do not introduce innovations.
20 October 2011
KazMunaiGas Exploration and Production on its production targets 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 October 2011
National bank of Kazakhstan released Aitys coin: Photo National bank of Kazakhstan released Aitys coin: Photo National Bank of Kazakhstan released a new commemorative coins.
20 October 2011
Director General of ArcelorMittal in Kazakhstan Frank Pannier will leave his position Director General of ArcelorMittal in Kazakhstan Frank Pannier will leave his position Management of ArcelorMittal in Kazakhstan will change on November 1.
20 October 2011
France’s Total believes oil production at giant Kashagan oilfield will start late 2012 at 300 000 barrels a day 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 October 2011
TeliaSonera to increase its stake in GSM Kazakhstan 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 October 2011
Kazakhstan has thrashed 27.8 million tons of grain Kazakhstan has thrashed 27.8 million tons of grain Grain has been reaped from 98.3% of the area under crops.
18 October 2011
Kazakhstan's export to CU countries reached 5-years maximum 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 October 2011
Kazakhstan has cheapest petrol among CIS and European countries 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 October 2011
TENGRI LIFE
TENGRI TRAVEL
Daniyar Berlibayev appointed head of gas projects in KazMunaiGas Daniyar Berlibayev appointed head of gas projects in KazMunaiGas Daniyar Berlibayev appointed Managing Director on Gas Projects of KazMunaiGas national oil&gas; company.
17 October 2011
Kazakhstan exceeded target on Internet users 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 October 2011
Fuel prices in Kazakhstan will not change in November 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 October 2011
Sberbank Head German Gref refuses to comment on probability of Russia’s Sberbank purchasing BTA 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 October 2011
First supply of Russian petrol delivered to Kazakhstan to overcome fuel shortages: Oil and Gas Minister 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 October 2011
Kazakhstan and EU agreed on access to services market upon entering WTO 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 October 2011
January – August foreign trade turnover announced 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 October 2011
Kazakhstan’s oil transit across Azerbaijan to reach 8 million tons a year 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 October 2011
Karim Massimov to suggest way out of economic crisis to CIS 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 October 2011
Kazakhstan Majilis approved 2012-2014 budget Kazakhstan Majilis approved 2012-2014 budget Deputies of Kazakhstan Majilis passed the 2012-2014 draft budget.
13 October 2011
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