Investments into Satpayev oil block to make up $ 9 billion
At the exploration stage all the expenses will be covered by the Indian side, wearers at the development stage the expenses will be shared on parity basis: Kairgeldy Kabyldin, Head of KazMunaiGaz National Oil Company.
India secures 25% in Kazakh oil block
Subscription bonus makes up $ 80 million (…) the main payments depend on results of exploration works: Kazakhstan’s Minister of Oil and Gas, Mr. Sauat Mynbayev.
Kairat Mami to be the new Senate Speaker
Kazakhstan President Nursultan Nazarbayev suggested Mr. Kairat Mami to the position of the Senate Speaker.Senators have supported his candidacy.
15 April 2011
Kazakhstan’s GDP in the Q1 2011 grew by 6.5%
Industrial production output grew 6%, reaching $ 25 billion. Gross agricultural produce grew 1.8%, reaching $ 1.19 billion: Serik Smailov, Head of the State Agency for Statistics.