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EBRD to finance energy efficiency project for KazakhstanTemirZholy (KTZ) The Bank is ready to invest $100-200 million into the Company.

17 May 2011

Kanat Saudabayev to speak at Nuclear Deterren Сonference on May 20 in London Kazakhstan Secretary of State will give a speech at Nuclear Deterrence Conference on May 20 in London.

17 May 2011

Kazakhstan’s Government drafts a law to regulate gas supplies The draft law seeks to establish a sole national operator of marketable gas supplies: the operator shall have the preemptive right to purchase processed associated gas: Oil and Gas Minister Sauat Mynbayev.

17 May 2011

CU to effect share of Russian franchises in Kazakhstan The share of Russian franchises in the Kazakh market will significantly increase amid intensification of interaction in the Customs Union.

17 May 2011

Issues over KPO may take longer than planned: LUKOIL President Vagit Alekperov Kazakhstan has a number of requirements to be considered by the consortium. There are mutual commitments (…) the negotiations process is constructive: Mr. Alekperov.

17 May 2011

Gas prices may raise in Kazakhstan by 2015 Significant raise of gas prices is possible in several regions of Kazakhstan by 2015: Timur Kulibayev.

17 May 2011

Investment climate in Kazakhstan favors long-term projects: LUKOIL President Vagit Alekperov We are among the first investors to inject their money to this country. The Company is involved in a total of 9 projects. Investments make up $6 billion: Mr. Alekperov.

17 May 2011

Almaty city borders expand Three regions of Almaty oblast were included in Almaty city limits.

17 May 2011

Kazakhstan’s PM Massimov meets ADB's Vice President Lakshmi Venkatachalam It is the second meeting of the Kazakhstan’s PM Karim Massimov with Asian Development Bank’s management for the last five days.

17 May 2011

Date and place of launch set for Kazakhstan population employment program Population employment program until 2020 will be launched in Karaganda, Pavlodar and East-Kazakhstan oblasts on July 1, 2011.

17 May 2011

Saker falcons from UAE released in Kazakhstan 50 saker falcons were released in East Kazakhstan oblast.

17 May 2011

Q1 2011 Kazakhstan’s foreign trade turnover 33.2% up Exports for the period grew by 36%, with imports growing by 26%.

17 May 2011

Share of franchisees in small and middle-sized businesses standing at 3.5% The share of franchisees in developed countries stands at about 50% in the small and middle-sized business sector.

17 May 2011

Malaysian Foreign Minister to pay first ever visit to Kazakhstan The visit is expected to be a landmark in the bilateral relations of the two nations.

17 May 2011

Kazakhstan’s Prime Minister Karim Massimov meets LUKOIL President Vagit Alekperov LUKOIL has been operating in Kazakhstan since 1995.

16 May 2011

Kazykhanov named main topics of anniversary SCO summit in Astana An agenda of the SCO anniversary summit of in Astana was approved in the meeting of the Council of Foreign Ministers of the SCO member-countries

16 May 2011

PHOTO: Free Hugs for Almaty residents On Sunday morning hundreds of Almaty citizens passing along Almaty Arbat (Zhibel Zholy) street were hugged by colorfully-dressed young people.

16 May 2011

Insurance companies propose compulsory disaster insurance change Kazakhstan Insurance Companies Association propose to start charging a compulsory insurance fees against possible future catastrophes from Kazakhstan citizens.

16 May 2011

Bolashak activists passed protest letter to Barack Obama Members of Bolashak movement gathered near the US Consulate General in Almaty to pass a letter to Barack Obama calling for a fair investigation of the death of Kirill Denyakin.

16 May 2011

Pavlodar oil refinery to be suspended for repairs this summer Kazakhstan-based three oil refineries process a bit over 13 million tons a year. Plans are there to increase oil processing up to 17 million tons by 2015.

16 May 2011

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