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Samruk Kazyna announces H1 2011 performance results Samruk-Kazyna is a joint stock company in Kazakhstan which owns, either in whole or in part, many important companies in the country, including the national rail and postal service, the state oil and gas company KazMunayGas, the state uranium company Kazatomprom, Air Astana, and numerous financial groups.

13 September 2011

Kazakhstan raises estimate 2011 exports According to Kazakhstan’s Ministry of Economy Development and Trade, the growth is propelled by higher prices for major exports.

13 September 2011

Kazakhstan to allocate $34 million to subsidize grain exports via Russia Besides, $11.5 will be allocate grain from grain storages from the major grain growing regions to other regions.

13 September 2011

Oil and Gas Minister admits fuel shortages It was reported earlier that since the start of the year petrol price had grown by 17.4%, with prices set by oil refineries growing by 23%. Retail prices for diesel fuel have grown by 20% since the start of the year.

13 September 2011

Presidents Nazarbayev and Medvedev to attend VIII Forum of near-border cooperation The previous forum was held in Ust Kamenogorsk, Kazakhstan in 2010.

13 September 2011

Kazakhstan reinforces budget to combat religious extremism At the joint sitting of the two Parliament chambers September 1 President Nursultan Nazarbayev urged the Parliament to adopt a legislation to fence itself off religious extremism.

12 September 2011

Kazakhstan ready to allocate $164.3 million for KazSat-3 The satellite is to be launched in 2013.

12 September 2011

Kazakhstan plans to boost oil production to 102 million tons by 2016 According to the stats, crude and condensed gas production output for the first 7 months totaled 46.6 million tons.

12 September 2011

Kazakhstan to translate Lord of the Rings and Harry Potter books into Kazakh language Kazakhstan Communications and Information Ministry’s website announced results of the public opinion poll on what books by foreign authors should be translated to Kazakh language.

12 September 2011

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Kazakhstan’s Space Agency demands greater clarity with regards to Baiterek launch complex for Russia’s Angara booster rocket It’s time to sit down and think if we really need the project that is likely not to pay back. The risks are huge: Mr. Mussabayev.

12 September 2011

Kazakhstan now has enough funds to send its cosmonaut to the International Space Station There are two prospective cosmonauts, but they are facing lack of opportunities as Russia-made Soyuz rockets are now the only means of transporting cosmonauts of all countries to the ISS: Talgat Mussabayev, Head of the National Space Agency KazKosmos.

12 September 2011

Kyrgyzstan to boost electric power supplies to Kazakhstan The sides have also agreed to speed up launching the Kazakh-Kyrgyz joint venture fund worth $100 million to invest to Kyrgyzstan.

10 September 2011

Foreign Minister Erzhan Kazykhanov had talks with his Chinese counterpart Yang Jiechi Among other things the sides dwelt on trade and economic ties, emphasizing that the trade turnover between the two nations has grown 12 times for the recent decade.

10 September 2011

Yessimov called NGOs to counter spread of religious extremism Akim of Almaty called NGOs to support government's efforts in countering spread of religious extremism.

09 September 2011

Kazakhstan already harvested 43.7% of grain Agriculture Minister Assylzhan Mamytbekov had told a briefing August 17 2011 that grain harvest in Kazakhstan would make up 18.9 million tons.

09 September 2011

President Nazarbayev calls to shift from wheat growing to fodder cropping When we have oversupply of grain, we don’t know where to sell it: President Nazarbayev.

09 September 2011

Alpinists almost lost proof of the ascent during the trip back from K2 Kazakhstan alpinist Maksut Zhumayev told Tengrinews.kz the breath-taking details of the last days of the expedition to K2.

08 September 2011

National Bank to exercise preemptive right to buy out all produced gold for 2-3 years to come When commenting on the reasons behind the Bank’s decision to exercise its preemptive right to purchase Kazakhstan-produced gold, Mr. Marchenko pointed to lack of transparency in gold exports following the liberalization of the national market of precious metals.

08 September 2011

Kazakhstan hopes to join Karachaganak project within a month: Timur Kulibayev With its 1.2 billion tons of oil and condensed gas and 1.35 trillion cubic meters of gas, Karachaganak is one of the largest O&G fields in the world. Karachagank accounts for 49% of all the gas production and 18% of oil production in Kazakhstan.

07 September 2011