Ministry of Oil and Gas sets retail price ceiling for fuelThe Ministry’s press service reports that Kazakhstan will keep on regulating retail prices at the country’s pumps even after July 1, 2011 when customs barriers between the Customs Union member states are removed.
01 June 2011
Kazakhstan seeking to stabilize food pricesWe cannot and should not deny changes of global prices: such an attempt would undermine local production: Agriculture Minister Asylzhan Mamytbekov.
Kazakhstan’s Government drafts a law to regulate gas suppliesThe 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.
Massimov warns of oil price downturnKazakhstan Prime-Minister Karim Massimov warned his ministers of a high probability of the global oil price downturn.