Kazakhstan to see crude production output decline in 2015Last year we planned this year’s crude production output would make up 83 million tons. We plan the figure to make up 81.8 million tons, with exports standing at 54 million tons: Finance Minister Bakhyt Sultanov.
Kazakhstan and Iran discuss renewal of oil swapsKazakhstan is thinking of a number of investment projects involving the Iranian side in Kyzylorda oblast: plans are afoot to launch a glass making facility, a facility to produce alumina, and a leach plant in Karaganda oblast: President Nazarbayev.
Fuel deficit creates kilometer-long queues in KazakhstanUralsk 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.
29 August 2014
Oil-producing Kazakhstan depends on Russia for gasoline. No way out?Oil-producing Kazakhstan experienced a significant fuel price hike last week. Vice-Minister of Energy Karabalin spoke to the journalists about the situation and the future of the fuel supplies in Kazakhstan.
Russia's Lukoil sells filling stations in UkraineRussia's Lukoil said it had reached preliminary agreement to sell its network of filling stations in Ukraine, days after radical nationalists there tried to extort fuel from the company.