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
MyPaykz, a new mobile payments service, is launched in Kazakhstan
According to its developers, the most obvious advantage of MyPaykz is that its users can be holders of bank cards issued by any bank.
03 October 2011
Prices for housing in Kazakhstan grew by 20-25% in the H1 2011
Samruk-Kazyna Sovereign Wealth Fund has come with a program to support construction of affordable housing.
03 October 2011
Kazakhstan may offer special tax regime for foreign investors injecting $500 million
Investors are to be exempted from corporate income tax, land and property tax: Minister of Industry and New Technologies Asset Issekeshev.
03 October 2011
