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.
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.
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.
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.
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.
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.
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.
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.
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”.