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Kazakhstan concerned about imported AI-92 and AI-93 gasoline deficit Big difference in prices for gasoline of popular brands AI-92 and AI-93 in Kazakhstan and Russia may cause their deficiency: Sauat Mynbayev.

18 May 2011

Oil and gas Minister Mynbayev does not rule out suspension at Karachaganak Without an agreement there will be no 3rd stage of the Project: Minister of Oil and Gas Sauat Mynbayev.

18 May 2011

PHOTO: Almaty is battling consequences of the night storm Trees, cars and buildings were damaged in Almaty after the night's heavy rain and wind storm and hail.

18 May 2011

Kazakhstan intending to inject over $7 billion to its power generation industry First investment agreements in this realm have already been signed: Minister of Industry and Trade Asset Issekeshev.

18 May 2011

EBRD President Thomas Mirow spots an obstacle for Kazakhstan’s economy development The 24th plenary session of the Foreign Investors’ Council (FIC) has been opened today at Nazarbayev University in Astana.

18 May 2011

Astana hosting 24th plenary session of Foreign Investors’ Council (FIC) The FIC is an advisory body established to promote direct dialogue between the Government of Kazakhstan and foreign investors to efficiently address issues related to investment activities and to improve the business climate of Kazakhstan.

18 May 2011

Prime Minister Massimov meets John Ferraro COO of Ernst & Young The Prime Minister wrote about is in his Twitter account.

17 May 2011

LUKOIL and Nazarbayev University to cooperate The parties have agreed to work out a joint scholarship program to assist the brightest students and raise qualifications of the teaching staff.

17 May 2011

EBRD to finance energy efficiency project for KazakhstanTemirZholy (KTZ) The Bank is ready to invest $100-200 million into the Company.

17 May 2011

KazMunaiGas EP seeks to join the top 30 oil producing companies by 2020 Apart from on-land assets, the Company seeks to increase the share of its maritime projects and foreign projects in the company’s portfolio.

17 May 2011

Kazakhstan’s Government drafts a law to regulate gas supplies The draft law seeks to establish a sole national operator of marketable gas supplies: the operator shall have the preemptive right to purchase processed associated gas: Oil and Gas Minister Sauat Mynbayev.

17 May 2011

Issues over KPO may take longer than planned: LUKOIL President Vagit Alekperov Kazakhstan has a number of requirements to be considered by the consortium. There are mutual commitments (…) the negotiations process is constructive: Mr. Alekperov.

17 May 2011

Gas prices may raise in Kazakhstan by 2015 Significant raise of gas prices is possible in several regions of Kazakhstan by 2015: Timur Kulibayev.

17 May 2011

Investment climate in Kazakhstan favors long-term projects: LUKOIL President Vagit Alekperov We are among the first investors to inject their money to this country. The Company is involved in a total of 9 projects. Investments make up $6 billion: Mr. Alekperov.

17 May 2011

Almaty city borders expand Three regions of Almaty oblast were included in Almaty city limits.

17 May 2011

Kazakhstan’s PM Massimov meets ADB's Vice President Lakshmi Venkatachalam It is the second meeting of the Kazakhstan’s PM Karim Massimov with Asian Development Bank’s management for the last five days.

17 May 2011

Date and place of launch set for Kazakhstan population employment program Population employment program until 2020 will be launched in Karaganda, Pavlodar and East-Kazakhstan oblasts on July 1, 2011.

17 May 2011

Q1 2011 Kazakhstan’s foreign trade turnover 33.2% up Exports for the period grew by 36%, with imports growing by 26%.

17 May 2011

Share of franchisees in small and middle-sized businesses standing at 3.5% The share of franchisees in developed countries stands at about 50% in the small and middle-sized business sector.

17 May 2011

Malaysian Foreign Minister to pay first ever visit to Kazakhstan The visit is expected to be a landmark in the bilateral relations of the two nations.

17 May 2011

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