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Baltics most vulnerable to Russia food sanctions: EBRD Lithuania and fellow Baltic states Estonia and Latvia are the countries most vulnerable to a Russian block on EU food exports.

11 September 2014

Transition to gas pumps in Kazakhstan complilcated, gasoline deficit remains One of the possible ways to address the recurring gasoline deficit in Kazakhstan is transitioning to gas from petrol and gasoline products. This is easier to say than to do, however.

09 September 2014

Share of SMEs in Kazakhstan's GDP stagnant for 7 years The share of small and medium-sized enterprises (SMEs) in Kazakhstan’s GPD has not exceeded the threshold of 20% over the past seven years.

05 September 2014

Kazakhstan’s Energy Minister suggests carpooling to save on petrol If there is a possibility, you’d better not commute to work driving a gas-guzzling SUV: Vladimir Shkolnik.

02 September 2014

Additional gas to be imported from Russia: KazMunaiGas Onimderi KazMunaiGaz will import addition AI-92 gas from Russia to Kazakhstan.

01 September 2014

Kazakh tour companies losing market to Russian firms Kazakhstani tour operators may eventually be forced out of business by Russian companies through 'dumping'.

30 August 2014

Fuel deficit creates kilometer-long queues in Kazakhstan Uralsk is an administrative center of West Kazakhstan Oblast. The Oblast produces both oil and gas. However, since early morning yesterday people in the city have been forming kilometer-long queues to refuel.

29 August 2014

Tesco issues new profit warning, slashes dividend Troubled British supermarket giant Tesco issued another profits warning and slashed its shareholder dividend by 75 percent.

29 August 2014

Australian PM to visit India for potential uranium deal Australia's Prime Minister said he will visit India next week, where he will reportedly sign an agreement allowing the export of uranium.

29 August 2014

TENGRI LIFE

TENGRI TRAVEL

Russia and Kazakhstan to launch working group on new gas pipeline to China The Russian side has shown a certain interest, and we are launching a joint group to meticulously study the possibilities: First Vice Energy Minister Uzakbai Karabalin.

27 August 2014

Kazakhstan may remain dependent on Russian petroleum products through to 2019 As of now Russia accounts for 1/3 (1.36 million tons) of all the petrol consumed in Kazakhstan and for about 14% (0.7 million tons) of diesel fuel.

25 August 2014

Yellen: US jobs market 'yet to fully recover' Federal Reserve Chair rebuffed pressure from inflation hawks to move faster toward a rate hike, saying the US jobs market still shows slack.

23 August 2014

Gasoline prices spike in Kazakhstan Gasoline prices have grown 11-12% in Kazakhstan in one step.

22 August 2014

KazMunaiGas executives on necessity of retail fuel price hikes Kazakhstan-based oil refineries produce a combined 1.9 million tons of AI—92 gasoline a year, with the domestic demand standing at 2.8 million tons.

21 August 2014

RIXOS Group to develop Kinderley resort on Kazakhstan’s Caspian shores The overall investments are estimated at $3.3 billion. The resort is projected to cater to over 640 000 tourists a year by 2020, with 70% of them being foreigners.

20 August 2014

Sicilian hilltop houses on sale for one euro, great view included Rustic abodes in a picturesque hilltop village on the island of Sicily, once home to Italian peasants and their donkeys, are up for sale for just one euro.

20 August 2014

Carlsberg lowers profit outlook on fall in Russian sales Danish brewer Carlsberg cut its annual profit guidance and said economic uncertainty in Russia, could prompt it to close some breweries.

20 August 2014

Kazakhstan’s trade turnover with Customs Union states decreases by 23% Kazakhstan’s trade turnover with the other Customs Union member states stands at 15% of the country’s overall foreign trade.

19 August 2014

Kazakhstan's meat project stalls Kazakhstan's cattle breeding development project aimed at bringing team export to 60 thousand tons in 2016 has stalled.

18 August 2014