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.
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.
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.
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?
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.
Dropping oil prices cast a shadow of unprofitability over Kashagan
The falling oil prices put the entire Kashagan project in question. Kashagan is a huge oil field located in Kazakhstan's sector of the Caspian Sea.
Kazakhstan names average ticket price for EXPO-2017
The cost of tickets to EXPO-2017 in Astana, Kazakhstan will start at 28 euro.
Kazakhstan Finance Minister on budget stability
According to him, through transfers from the National Oil Fund to the country’s budget the latter is insured against shocks related to falling oil prices.
Oil prices and currency rates approach alarming levels for Kazakhstan
Financial analyst Anna Kokoreva explains how the oil prices pressure Kazakhstan's economy.
Kazakhstani gasoline prices to match Russian by 2019: Karabalin
Gasoline prices in Kazakhstan are substantially lower than those of the neighbouring Russia. They will be gradually growing until they match the Russian prices by 2019.
Kazakhstan’s Energy Minister on petrol shortages
Back September 16 First Vice Energy Minister told a briefing that petrol production at the three Kazakhstan-based oil refineries in September is estimated at 250 000 tons, with the current monthly demand for petrol standing at 280 000 tons.
Diesel order 60% above official price cap placed by Kazakhstan government agency
Tengrinews correspondent finds orders on government procurement website to buy diesel at price 60% higher than the price cap set by the Kazakhstani government.
Kazakhstan’s Energy Minister suggests carpooling to save on petrol
If there is a possibility, you’d better not commute to work driving a gas-guzzling SUV: Vladimir Shkolnik.
Additional gas to be imported from Russia: KazMunaiGas Onimderi
KazMunaiGaz will import addition AI-92 gas from Russia to Kazakhstan.
Kazakhstan will soon feel the rising cost of living: expert
Fuel prices have grown in Kazakhstan, and they will push the prices of other goods upwards.
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.
Kazakhstan may remain dependent on Russian petroleum products through to 2019
As of now Russia accounts for 1/3 (1.36 million tons) of all the petrol consumed in Kazakhstan and for about 14% (0.7 million tons) of diesel fuel.
KazMunaiGas executives on necessity of retail fuel price hikes
Kazakhstan-based oil refineries produce a combined 1.9 million tons of AI—92 gasoline a year, with the domestic demand standing at 2.8 million tons.
Beer shortage and heatwave spells misery for Cubans
Cuba has been hit by a beer shortage during one of its hottest summers on record, sparking hoarding and driving thirsty .