Kazakhstan may introduce temporary ban on importing petroleum products from Russia: media reports
Astana’s moves may be driven by efforts of powerful lobbying groups that speak up for stronger cooperation with China: Alexander Karavayev, Vice Director of the Moscow State University Center for Post-soviet Studies.
KazMunaiGas chooses not to purchase ConocoPhillips’ 8.4% stake in the giant Kashagan oilfield
Kazakhstan Government may decide on purchasing the stake before July 2013.
Kazakhstan boosting share of gold in gold and FX reserves
According to National Bank Vice Governor Bissengali Tadzhiyakov, the share of gold in the country’s gold and FX reserves stands at 22% at the moment.
Current pension funds could be transformed into asset management companies: Central Bank Governor
According to him, the Government is to hire an assessment company to fairly and independently evaluate the assets so that they could be bought out later on at a fair market value.
Kazakhstan’s Ministry of Oil and Gas announces 2012 hydrocarbons production figures and 2013 outlooks
In a separate statement the O&G Minister told that this year Kazakhstan would lift the moratorium on developing new hydrocarbons deposits.
Over 50 million tons of crude pumped via Atasu-Alashankow oil pipeline
Since the pipeline was launched in 2006 the volume of crude has been growing by 20% a year on average.
LatAm, Europe back free trade, eye strategic alliance
European and Latin American leaders have pledged to shun protectionism and boost their strategic partnership to foster free trade and sustainable development based on close international cooperation.
Music industry finally on road to recovery
News that the global music industry has finally turned the corner and is on the road to recovery should help get the annual four-day gathering of many of the world's top music execs at the MIDEM trade fair.
Kazakhstan Temir Zholy to increase manufacturing 30-fold by 2015
In 2008 the volume of railroad manufacturing was totally worth 10 billion tenge and this year in 2012 it made 155 billion tenge: Askar Mamin.