KazMunaiGas National Oil Company Q1 2011 results
Oil and condensed gas production for the period made up 5.4 million tons, 2% up against the same period of 2010.
Almaty citizens advised to pack their own disaster preparedness kits
A representative of Red Croscent Society advised Almaty residents to pack up disaster preparedness kits on their own.
KazMunaiGas EP exiting negotiations over Akkas gas field in Iraq
KazMunaiGas Exploration Production was established in March 2004 and is among the top three oil producers in Kazakhstan.
New oil refinery may be built in Kazakhstan in 2020
Processing capacities of the current three refineries [based in Pavlodar, Atyrau and Shymkent] can meet the domestic demand: O&G Minister Sauat Mynbayev.
Kazakhstan to boost oil processing to 17 million tons by 2015
As of today, Kazakhstan-based refineries process a bit over 13 million tons a year: Oil and gas Minister Sauat Mynbayev.
Russian Foreign Minister to visit Astana on May 13-14
Minister of Foreign Affairs of Russia Sergey Lavrov will visit Astana on May 13-14, 2011.
National Bank of Kazakhstan planning currency swap operations with China and Russia
Both the yuan and the ruble are growing more demanded to service external trade: Gregory Marchenko, Head of Kazakhstan’s National Bank.
Ministry of Economic Development and Trade unveils a detailed plan to secure 7% GDP growth
To secure GDP annual growth at 7%, capital investments for the period of 2011-2015 should grow by 58.5% against 2010: Kairat Kelimbetov, Minister Economic Development and Trade.
Budget deficit to be cut down from 2.5% to 1.3% of GDP
Ministry of Economic Development and Trade forecasts budget deficit will be cut down to 1.3% of the nation’s GDP by 2014.
Kazakhstan developing Plan B in case of negative economic scenario
Early May the Government adopted a plan to secure 7% GDP growth in 2011 in line with President Nazarbayev’s instructions.
Economy Minister regards year 2011 as “dangerous” in terms of inflation
He reminded that in January – April consumer prices grew 4.2% as compared to December 2010.
GDP growth in January – April made up 6.9%
Early May the Government adopted a plan to secure 7% GDP growth in 2011 in line with President Nazarbayev’s instructions
Minister of Education to deal with those behind late earthquake warning
Kazakhstan Minister of Education and Science promised to deal with those responsible for late notification about the 5.4 quake in Almaty oblast on May 1.
PHOTO: School in Malovodnoye village damaged by 5.4 quake
Ostrovskiy School in Malovodnoye village was damaged by the 5.4 earthquake that hit Almaty oblast on May 1.
Kazakhstan residents may be warned of quakes via Twitter and SMS
Ministers of Emergency Situations and Communications talked about new projects in earthquake preparedness.
Kazakhstan’s PM Massimov meets IMF delegation
Kazakhstan's economy is set to expand by 5.9% this year, the International Monetary Fund said on Wednesday, raising its previous forecast.
USAID allocating money to enhance Kazakhstan’s healthcare system
The healthcare project is designed for 5 years and seeks to increase access to quality healthcare within two years’ time. Starting from the end of 2012, the Program will be focused on HIV prevention and tuberculosis prevention.
Gold and currency reserves grew by 31% in January-April to $36.4 billion
In April, gold and currency reserves grew by 5.14%, with net currency reserves growing by 4.92% and gold reserves growing by 7%.
Kazakhstan’s Government adopts plan to secure 7% economy growth
The task to ensure 7% growth was set by President Nazarbayev at an extended sitting of the Government mid-April.
KazSat-2 launch put off till July 10
Khrunichev State Research and Production Space Center has not sorted out some minor faults so far: Viktor Lefter, Head of the Kazakhstan’s Center for Space Communications.