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President Nazarbayev speaking at the forum. © Danial Okasov.
Kazakhstan among nations planning to construct a nuclear power station: President Nazarbayev

According to him, hydrocarbons are depleting, and renewable sources are unlikely to provide electric power sufficient to feed the growing global economy.

Kazakhstan among nations planning to construct a nuclear power station: President Nazarbayev
Chairman of KazMunaiGas Kairkeldy Kabyldin. ©Danial Okassov
KazMunaiGas planning to enter Turkish fuel market

Such asset is economically attractive for us and we will try to make it economically efficient: KazMunaiGas Chairman.

KazMunaiGas planning to enter Turkish fuel market
Kazakhstan Minister of Oil and Gas Sauat Mynbayev
We have to protect local market from sharp fluctuations of prices: Kazakhstan Oil and Gas Minister

Kazakhstan Minister of Oil and Gas explained the reason of fuel shortages in the country during his speech at the 6th Eurasian Forum KAZENERGY.

We have to protect local market from sharp fluctuations of prices: Kazakhstan Oil and Gas Minister
Kazakhstan’s Prime Minister Karim Massimov. Photo courtesy of government.kz
Domestic demand for fuel to be met in December 2014: PM Massimov

Tengrinews.kz reported that In January – July 2011 petrol production in Kazakhstan had dropped 16% as compared to the like period of 2010.

Domestic demand for fuel to be met in December 2014: PM Massimov
Shymkent Oil Refinery. Photo courtesy of vesti.kz
Retail price ceiling for fuel will not be raised in October: Oil and Gas Minister

On Monday, September 26, Minister Mynbayev said that Kazakhstan would import 50 000 tons of high-octane petrol from the neighboring Russia to help combat fuel shortages.

Retail price ceiling for fuel will not be raised in October: Oil and Gas Minister
Kazakhstan President Nursultan Nazarbayev. ©REUTERS
President Nazarbayev reiterates readiness of Kazakhstan to accommodate nuclear fuel bank

According to him, all the nuclear facilities in the territory of Kazakhstan are scrutinized by the International Atomic Energy Agency.

President Nazarbayev reiterates readiness of Kazakhstan to accommodate nuclear fuel bank
At the accident site. Photo courtesy of press-service of Semei Emergency Situations Department©
PHOTO: Flipped-over 30-ton fuel truck claimed driver's life in Semei

Fuel truck flipped over on Semei-Borodulikha road. The driver is reported killed in the accident.

PHOTO: Flipped-over 30-ton fuel truck claimed driver's life in Semei
Photo courtesy of sinooil.kz
APC fined Sinooil 3 million tenge

Agency for Protection of Competition fined Sinooil over 3 million tenge.

APC fined Sinooil 3 million tenge
©REUTERS-Andrew Winning
Petrol prices went 21 percent up in 8 months in Kazakhstan

Petrol prices increased by 21 percent in January-August 2011 in Kazakhstan.

Petrol prices went 21 percent up in 8 months in Kazakhstan
Photo courtesy of vesti.kz
Petrol supplies to Almaty and Almaty oblast increased

Kazakhstan oil refineries increased fuel dispatches to Almaty and Almaty oblast.

Petrol supplies to Almaty and Almaty oblast increased
Petrol output dropped 14 percent in Kazakhstan
Petrol output dropped 14 percent in Kazakhstan

Petrol production made 1.7 million tons in January-August 2011 in Kazakhstan.

Petrol output dropped 14 percent in Kazakhstan
Oil and Gas Minister Mynbayev. vesti.kz stock photo
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.

Oil and Gas Minister admits fuel shortages
Deputy director of the Center for Analysis of Public Issues Kanat Berentayev. ©Yaroslav Radlovskiy
Fuel prices can be lowered in Kazakhstan: Expert

Decrease of petrol, diesel fuel and fuel oil prices is quite realistic not only theoretically, but also practically: Expert.

Fuel prices can be lowered in Kazakhstan: Expert
©RIA Novosti
KazMunayGas President on petrol market

By 2016 we plan to meet the domestic demand and start exports: Kairgeldy Kabyldin, President of KazMunayGas.

KazMunayGas President on petrol market
Car filling with gas. ©Yaroslav Radlovskiy
Almaty car owners switching to gas because of fuel prices

Demand for gas equipment for cars is growing in Almaty because of increase of fuel prices.

Almaty car owners switching to gas because of fuel prices
Oil and Gas Minister Mynbayev. vesti.kz stock photo
Oil and Gas Minister voices underlying reasons behind fuel shortages

According to the Minister, Kazakhstan-based refineries shifted towards greater production output of heavy petroleum products.

Oil and Gas Minister voices underlying reasons behind fuel shortages
©Yaroslav Radlovskiy
Almaty drivers will protest against fuel prices hikes with a flash-mob

Almaty car-owners are arranging a flash-mob to protest against fuel prices raise.

Almaty drivers will protest against fuel prices hikes with a flash-mob
Helios fuel station. Photo courtesy of paritet-pm.org
Without coordination of prices with Russia Kazakhstan won’t tackle fuel shortages: Helios

According to the Company’s Marketing Director, the only economic solution could be more favorable conditions for import of fuel as the domestic production capacities cannot meet the demand for high-octane fuel.

Without coordination of prices with Russia Kazakhstan won’t tackle fuel shortages: Helios
Sauat Mynbayev. Photo courtesy of vesti.kz
No significant shortages of petrol: Minister of Oil and Gas

Tengrinews.kz reported that In January – July 2011 petrol production in Kazakhstan had dropped 16% as compared to the like period of 2010.

No significant shortages of petrol: Minister of Oil and Gas
©RIA Novosti
No petrol price hikes in September: Ministry of Oil and Gas

August 19 Tengrinews.kz quoted KazTag Agency’s report that Kazakhstan’s Government planned to raise retail price ceiling for fuel by 12-14% starting from September 1.

No petrol price hikes in September: Ministry of Oil and Gas

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