Main | News overview

News overview

Prime-Minister Massimov Masimov Kazakhstan Kazakh Debt Russia Parliament Baikonur Vice-Minister satellite KazSat-2 insurance Oil export duty transport Europe China reserves Nazarbayev Kashagan island upcoming events Dmitry Medvedev Medvedev news Nursultan Nazarbayev CIS Internet advertising Mussabayev KazSat-1 production coal statistics gas Samruk Kazyna import price fuel forum extremist budget space KazSat-3

External debt of the Kazakhstan’s banking sector shrank by $30 billion In December 2007 the figure stood at $46 billion.

21 сентября 2011

Kazakhstan’s Parliament calls for greater Baikonur rent payments Kazakhstan’s Parliamentarians believe the $115 million paid by Russia to rent the Baikonur cosmodrome is no longer enough.

20 сентября 2011

Would-be entrepreneurs to apply for state registration on-line from 2013 150 000 new entrepreneurs were registered in 2010.

20 сентября 2011

Kazakhstan to designate insurance companies for KazSat-2 late October Before the satellite is fully transferred to Kazakhstan, the Russian side is fully responsible for insurance-related issues: Talgat Mussabayev, Head of KazKosmos National Space Agency.

19 сентября 2011

Kazakhstan’s Government raises export duty on petroleum products The new export duty rate comes into effect September 27.

19 сентября 2011

Kazakhstan seeks greater role in freights operations from and to China Kazakhstan’s Minister of Industry and New Technology Asset Issekeshev: with the new railway to Turkmenistan, an extended sea port and the West China – West Europe motor corridor in place, Mangistau oblast will be a notable transport hub.

17 сентября 2011

President Nazarbayev visits D island at Kashagan giant oilfield The field was discovered in 2000 and was one of the larger discoveries in that decade, it is estimated that the Kashagan Field has commercial reserves from 10 billion barrels.

17 сентября 2011

Nazarbayev and Medvedev to discuss emergency situations Presidents of Kazakhstan and Russian Nursultan Nazarbayev and Dmitry Medvedev will discuss joint emergency situations response.

15 сентября 2011

E-commerce to reach $1.2 billion a year by 2014: Minister of Communications and Information According to him, as of today, annual e-commerce turnover makes up $300 million.

15 сентября 2011

KazaSat-2 orbital tests to be over October 19 The space vehicle will be operating managed from the Kazakhstan’s space communications center starting from the end of autumn: KazKosmos [Kazakhstan Space Agency] Head Talgat Mussabayev.

15 сентября 2011

KazSat-2 to enable Kazakhstan to save $30 million a year Kazakhstan’s communications satellite KazSat-2 will be operable starting from late October 2011.

14 сентября 2011

January – August coal production figure announced Kazakhstan is ranked 8th in terms of coal production, holding 4% of the global coal reserves. Coal accounts for 80% of power generated in Kazakhstan.

14 сентября 2011

Kazakhstan announces Jan – Aug gas and crude oil production output Earlier Tengrinews.kz reported that Kazakhstan plans to boost oil production to 102 million tons by 2016.

14 сентября 2011

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 сентября 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 сентября 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 сентября 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 сентября 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 сентября 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 сентября 2011

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

12 сентября 2011

TENGRI LIFE

TENGRI TRAVEL