Governor of the National Bank of Kazakhstan has declared that the summit of the Council for Islamic Financial Services will be held in Almaty in 2015. He also spoke about the future of Islamic finance in Kazakhstan.
Additional money will be allocated to modernize the Shymkent Oil Refinery on southern Kazakhstan. This will help increase the production capacity of the refinery and make it more environmentally friendly.
KazMunaiGas Vice Chairman Tiyesov has spoken in the Mazhilis informing the deputies that Kazakhstan will face a decline in oil production should no new fields be discovered in the upcoming decade.
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.
Senate Speaker Kassym-Jomart Tokayev has expressed his view that democratization is a dynamic process, and therefore democracy cannot be artificially accelerated or imposed.
The only potential market available for our petroleum products is that of other Central Asia states with a growing population and a shortage of oil processing capabilities of their own. And Afghanistan as well: Vice Chairman of the Board at KazMunaiGas.