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.
Food prices went up 8.1 percent in Kazakhstan in 2011
The prices on food products moved up by 8.1 percent in Kazakhstan.
Petrol prices went 21 percent up in 8 months in Kazakhstan
Petrol prices increased by 21 percent in January-August 2011 in Kazakhstan.
Zhumagaliyev promised to surprise Kazakhstan residents on January 1, 2012
Kazakhstan Minister of Communications and Information promised to surprise Internet-users in Kazakhstan with prices drop on January 1, 2012.
Air fares too high for over half of Kazakhstan residents
The Institute of Political Solutions made a poll on the cost of transportation in Kazakhstan.
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.
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.
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.
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.
Petrol prices to grow 12-14% from September
Tengrinews.kz reported earlier that since the start of the year petrol price had grown by 17.4%.
Petrol price 17.4% up
Earlier Tengrinews.kz reported that In January – July 2011 petrol production in Kazakhstan had dropped 16% as compared to the like period of 2010.
National Bank forecasing food prices raise
Kazakhstan National Bank is forecasting an increase of prices for fruits, vegetables, eggs, milk and meat products, clothes, shoes and some of public utilities in Q4 2011.
Kazakhstan’s gas stations make sure wholesale price for fuel is also regulated by the Government
In August the wholesale price for petrol shall not exceed 87% of the retail price ceiling set by the Oil and Gas Ministry.
Kazakhstan sets retail price ceiling for fuel for August
July 26 the Ministry had announced a minor price hike as compared to the price level set for July.
Government to set higher retail price ceiling for fuel: Oil and Gas Minister
According to him, there will be no sharp price hikes, nor fuel shortages.
Fuel stations owners in Kazakhstan complained about wholesale fuel prices
Representatives of Helios, Aurika and Oil fuel companies held a press-conference in Astana.
Kazakhstan’s Ministry of Oil and Gas sets retail price ceiling for fuels for July
Earlier it was reported that Kazakhstan had extended the ban on exports of fuels to the end of 2011.
Kazakhstan considers prolonging ban on fuel exports till October
The current ban on fuels exports is in effect before July 1.
Senate passes draft law to regulate production and sales of petroleum products
The draft law seeks to set fixed prices for certain types of petroleum products of importance to socially vulnerable groups of population.
New customs duty on previously-owned vehicles to be introduced in Kazakhstan July 1
For previously-owned vehicles of 5 years old and older, the duty rate will be Euro 4 per cubic centimeter for engines of 1800-3000 cubic centimeters, whereas the “old” duty rate was Euro 0.35.