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The EU has warned that eight eurozone countries, including Italy, are at risk of breaking EU rules because of excessive budget deficits.

Deputy Akim of Kazakhstan's Mangistau Oblast declared that the fourth oil refinery in Kazakhstan would be built in cooperation with Iran.

Kazakhstan has introduced a 45-day ban on import of fuel from Russia. Some are worried that this will be the beginning of a new fuel deficit in the Central Asian economy. KazMunaiGas has a different view.

Chairman of one of Kazakhstani banks says that the tenge deficit in Kazakhstan is created artificially.

Kazakh government is lowering gasoline prices. But for how long? And does it address the fuel deficit in the country?

Kazakhstan's debt on government securities has grown by $2.5 billion in just one day.

The People's Communist Party has tagged the decision to abandon construction of the 4th oil refinery in Kazakhstan ill judged and said problems had to be solved by the government not shifted to the shoulders of the citizens.

The Minister of National Economy of Kazakhstan Yerbolat Dosayev spoke about the changes to the national budget due to reduced economic growth and negative external factors.

Two government euroissues add to Kazakhstan's external debt. The move comes as a response to budget deficit.

Tengrinews correspondent finds orders on government procurement website to buy diesel at price 60% higher than the price cap set by the Kazakhstani government.

One of the possible ways to address the recurring gasoline deficit in Kazakhstan is transitioning to gas from petrol and gasoline products. This is easier to say than to do, however.

Uralsk is an administrative center of West Kazakhstan Oblast. The Oblast produces both oil and gas. However, since early morning yesterday people in the city have been forming kilometer-long queues to refuel.

Kazakhstan researchers are proposing two projects, both of which involve turning the rivers flowing outside Kazakhstan back into the country.

Kazakhstan Oil and Gas Minister has commented on forecasts of fuel deficit in Kazakhstan.

A fuel supplies failure has already been registered in Astana. Last week the resident could buy petrol only on special coupons.

Earlier The Voice of Russia reported that Kazakhstan might face a deficit of high-quality petrol in autumn of 2013 because of the delays in the launch of the processing of Kazakhstan oil in China.

Kazakhstan and Russia may shortly face serious water shortages because of the deterioration of the situation around the Irtysh River.

If we don’t act, water supplies will be three times lower than the demand in Kazakhstan by 2050: Kazakhstan Environment Minister Kapparov.

No deficiency of oil products is expected in Kazakhstan, in spite of the accident at Atyrau oil definery.

Higher deficiency is expected as many whole-sellers were denied accreditation with Oil and Gas Ministry: Kazakhstan Fuel Association.