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TengizChevroil prosecutor Kazakhstan Kazakh gas fine Samruk Kazyna People's IPO Air Astana Nazarbayev KazAtomProm France Tenge Russia ruble National Bank Marchenko inflation dollar Mussabayev Small and middle-sized business Prime-Minister Massimov Masimov GDP Debt UN president harvest grain export religion Parliament Baikonur Vice-Minister satellite KazSat-2 insurance Oil duty transport Europe China reserves Kashagan island upcoming events Dmitry Medvedev Medvedev news Nursultan Nazarbayev CIS Internet advertising KazSat-1

Tengizchevroil pays penalty for gas flaring Oil production output at Tengiz in 2010 made up 26 million tons.

22 сентября 2011

BAE Systems may sell part of its stake in Air Astana within People’s IPO No final decision has been taken yet. However, it is clear that Samruk-Kazyna Sovereign Wealth Fund will retain its majority stake: Peter Foster, Air Astana President.

22 сентября 2011

KazAtomProm, BRGM and CEIS sign agreement on strategic partnership Among other things, the three entities will be working on rare and rare earth metals extraction technology development.

22 сентября 2011

Kazakhstan capable of maintaining stability of the national currency: Central Bank Head According to him, Kazakhstan’s exporters are in a better position than their Russian counterparts.

22 сентября 2011

Mussabayev of KazKosmos Space Agency against declaring October 2 the Day of Cosmonautics in Kazakhstan The whole world celebrates the Cosmonautics day [renamed by the UN to the International Day of Human Space Flight] April 12 to commemorate the first flight of Yuri Gagrin to space in 1961: Mussabayev.

22 сентября 2011

Kazakhstan’s 2010 GDP exceeded combined GDP of 4 Central Asia states twofold In 2010 the national GDP figure exceeded $148 billion.

22 сентября 2011

Nazarbayev calls for international legal framework for the global information space Information space is a realm equal to natural resources, water or air, or outer space in terms of its importance to the humankind: President Nazarbayev.

22 сентября 2011

Unprecedented grain harvest since 1950 According to Agriculture Minister, 75% of grain has been already harvested.

21 сентября 2011

Kazakhstan to introduce annual re-registration for foreign religious missionaries According to Lama Sharif, as of today there are over 300 foreign missionaries registered in Kazakhstan.

21 сентября 2011

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

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