Kazakhstan may boost uranium production to 30,000 tons a year
As of today annual production output stands at about 20 000 tons, that is 33% of the global production.
05 October 2011
LG Chem of South Korea chosen strategic partner to complete 2nd stage at Atyrau-based gas and chemistry complex
Once the 2nd stage is completed, the complex will be able to produce 800 000 tons of polyethylene a year.
05 October 2011
Nuclear power plants to emerge in Kazakhstan within a decade
All this will contribute to development of adjacent industries: Sergey Yashin, KazAtomProm Nuclear Company Vice Chairman of the Board.
05 October 2011
Alternative energy sources to produce 3% of consumed power by 2020
According to Minister of Industry and Trade, as of the end of 2010 Kazakhstan generated 82 billion kilowatt-hours. The figure is to reach 100 billion by 2015.
05 October 2011
Kazakhstan was late to start modernizing its oil refineries: Minister of Oil and Gas Sauat Mynbayev
According to him, timely expansion of the capacities could neutralize price fluctuations and fuel shortages in the domestic market.
04 October 2011
Prospects of the 2nd stage of Kashagan development still uncertain: Minister of Oil and Gas
According to the project’s operator, the oilfield’s reserves are estimated at 38 billion barrels, with 10 billion barrels being recoverable.
04 October 2011
Kazakhstan to develop nuclear industry: PM Karim Massimov
October 4-5 Astana is hosting KAZENERGY Eurasian Forum, an influential dialogue platform uniting the entire energy industry and bringing together oil and gas companies.
04 October 2011
Kazakh-Russian project to construct the Baiterek space launch complex 1.5 years behind the schedule
Initially the Baiterek (“poplar tree”) space launch complex was supposed to be constructed at Baikonur in 2013, following the testings of Angara booster rocket.
04 October 2011
Kazakhstan ready for a new wave of financial crisis
However, should the crisis be lingering, we will have to review approaches to the budgeting process: Samruk – Kazyna Sovereign Wealth Fund Vice Chairman of the Board.
04 October 2011
Foreign Minister Erzhan Kazykhanov to pay a working visit to Tehran October 8-9
According to the Foreign Ministry, “the forthcoming visit may facilitate further development of bilateral political dialogue, expansion of trade and economic and humanitarian cooperation”.
03 October 2011