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©Turar Kazangapov
Air Astana raises airline ticket price

Kazakhstan’s national airline Air Astana has raised ticket prices on international flights after Kazakhstan floated the tenge.

Air Astana raises airline ticket price
©Yaroslav Radlovsky
Experts comment on Kazakh National Bank expanding tenge-dollar pegged corridor

Experts comment on the latest expansion of the tenge to dollar exchange rate pegged corridor in Kazakhstan.

Experts comment on Kazakh National Bank expanding tenge-dollar pegged corridor
©RIA Novosti
Gasoline prices rise in Kazakhstan

Caps on gasoline prices have been raised in Kazakhstan.

Gasoline prices rise in Kazakhstan
Tengrinews.kz
Mobile phone calls to become cheaper in Kazakhstan

Kazakhstan’s Ministry of Investments and Development plans to continue lowering the mobile phone tariffs in Kazakhstan.

Mobile phone calls to become cheaper in Kazakhstan
TengrizChervrOil capacity expansion soars by $15bln
TengrizChervrOil capacity expansion soars by $15bln

Projects for expansion of production capacity at Tengiz oil and gas field in Western Kazakhstan have seen their price tag soar. By $15 billion!

TengrizChervrOil capacity expansion soars by $15bln
Kazakhstan mulls halving crude export duty
Kazakhstan mulls halving crude export duty

In the wake of dropping oil prices, the crude export duty rate in Kazakhstan, according to Halyk Finance analytics, could be reduced by half.

Kazakhstan mulls halving crude export duty
©REUTERS
Oil price may hit $40 per barrel by end of month

Oil prices might fall again as reserves of crude continue growing, experts say.

Oil price may hit $40 per barrel by end of month
Turar Kazangapov ©
Kazakhstan to introduce ban on imports of gasoline and diesel fuel

The measure will have no impact on the price of fuel. The Energy Ministry has set price ceilings for both gasoline and diesel fuel: Vice Minister of Energy.

Kazakhstan to introduce ban on imports of gasoline and diesel fuel
©Turar Kazangapov
Kazakh airlines to lower plane ticket prices

Plane ticket prices in Kazakhstan will be lowered amid the lowering jet fuel prices in Kazakhstan.

Kazakh airlines to lower plane ticket prices
Photo courtesy of lsm.kz
Tenge exchange rate adjustment possible if oil prices go below $50: Kazakh central bank governor Kelimbetov

Governor of the National Bank of Kazakhstan Kairat Kelimbetov said that a devaluation of the tenge is possible if oil prices fall below $50 per barrel.

Tenge exchange rate adjustment possible if oil prices go below $50: Kazakh central bank governor Kelimbetov
Turar Kazangapov ©
KazMunaiGas Head doesnt rule out further decrease in gasoline prices

According to him, oil refineries have been facing excessive gasoline in stock, with oil companies [in line with applicable legislation] still supplying a set volume to local refineries to be processed.

KazMunaiGas Head doesnt rule out further decrease in gasoline prices
Photo courtesy of Air Astana
Kazakhstan's Air Astana to lower ticket prices

Air Astana announced a decision to lower ticket prices on domestic flights in Kazakhstan.

Kazakhstan's Air Astana to lower ticket prices
Photo courtesy of autocentre.ua
Russia's cheap gas may shut down Kazakhstani oil refineries: Minister of Energy

Cheap gas from Russia can put a stop to the work of Kazakhstan’s oil refineries.

Russia's cheap gas may shut down Kazakhstani oil refineries: Minister of Energy
©argumentua.com
Kazakh budget revised amidst dropping oil prices

Kazakhstan is revising its budget because of the falling global oil prices.

Kazakh budget revised amidst dropping oil prices
Photo courtesy of trust.ua.
National Entrepreneurs Chamber suggests introducing trade barriers in Kazakhstan amid Russian ruble crisis

Strengthening of tenge against Russian ruble negatively affects industrial sectors of Kazakh economy, therefore National Chamber believes it is necessary to introduce trade barriers.

National Entrepreneurs Chamber suggests introducing trade barriers in Kazakhstan amid Russian ruble crisis
©photos.id.kcdn.kz
Experts talk about Kazakhstan's car market amid Russian ruble depreciation

The year 2014 was a special one for the Kazakh car market given the recent depreciation of the ruble. Experts told Tengrinews about its effect on Kazakhstan's car market in 2015.

Experts talk about Kazakhstan's car market amid Russian ruble depreciation
OPEC won't cut output even at $20 a barrel: Saudi
OPEC won't cut output even at $20 a barrel: Saudi

OPEC will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output if non-members do not.

OPEC won't cut output even at $20 a barrel: Saudi
Photo © RIA Novosti
Kazakh National Fund grows despite drop in oil prices: Minister of Finance

Despite the drop in oil prices, Kazakhstan’s National Fund continues to grow.

Kazakh National Fund grows despite drop in oil prices: Minister of Finance
©Turar Kazangapov
What's with the gasoline prices in Kazakhstan?

Kazakh government is lowering gasoline prices. But for how long? And does it address the fuel deficit in the country?

What's with the gasoline prices in Kazakhstan?
©Tengrinews
Businesses in Kazakhstan reluctant to enter long-term contracts amid falling oil prices

CEO of Samruk Kazyna Contract Serikbek Yelshibekov said that Kazakh businessmen were becoming reluctant to enter long-term contracts with Samruk Kazyna subsidiaries due to the unstable situation at the oil market.

Businesses in Kazakhstan reluctant to enter long-term contracts amid falling oil prices