E-commerce to reach $1.2 billion a year by 2014: Minister of Communications and Information
According to him, as of today, annual e-commerce turnover makes up $300 million.
KazaSat-2 orbital tests to be over October 19
The space vehicle will be operating managed from the Kazakhstan’s space communications center starting from the end of autumn: KazKosmos [Kazakhstan Space Agency] Head Talgat Mussabayev.
KazSat-2 to enable Kazakhstan to save $30 million a year
Kazakhstan’s communications satellite KazSat-2 will be operable starting from late October 2011.
January – August coal production figure announced
Kazakhstan is ranked 8th in terms of coal production, holding 4% of the global coal reserves. Coal accounts for 80% of power generated in Kazakhstan.
Kazakhstan announces Jan – Aug gas and crude oil production output
Earlier Tengrinews.kz reported that Kazakhstan plans to boost oil production to 102 million tons by 2016.
Samruk Kazyna announces H1 2011 performance results
Samruk-Kazyna is a joint stock company in Kazakhstan which owns, either in whole or in part, many important companies in the country, including the national rail and postal service, the state oil and gas company KazMunayGas, the state uranium company Kazatomprom, Air Astana, and numerous financial groups.
Kazakhstan raises estimate 2011 exports
According to Kazakhstan’s Ministry of Economy Development and Trade, the growth is propelled by higher prices for major exports.
Kazakhstan to allocate $34 million to subsidize grain exports via Russia
Besides, $11.5 will be allocate grain from grain storages from the major grain growing regions to other regions.
Oil and Gas Minister admits fuel shortages
It was reported earlier that since the start of the year petrol price had grown by 17.4%, with prices set by oil refineries growing by 23%. Retail prices for diesel fuel have grown by 20% since the start of the year.