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Kazakh budget revised amidst dropping oil prices Kazakhstan is revising its budget because of the falling global oil prices.

19 January 2015

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.

03 January 2015

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.

02 January 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.

23 December 2014

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.

22 December 2014

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?

11 December 2014

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.

08 December 2014

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.

07 November 2014

Kazakhstan names average ticket price for EXPO-2017 The cost of tickets to EXPO-2017 in Astana, Kazakhstan will start at 28 euro.

28 October 2014

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.

26 October 2014

Oil prices and currency rates approach alarming levels for Kazakhstan Financial analyst Anna Kokoreva explains how the oil prices pressure Kazakhstan's economy.

15 October 2014

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.

02 October 2014

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.

01 October 2014

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.

16 September 2014

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.

02 September 2014

Additional gas to be imported from Russia: KazMunaiGas Onimderi KazMunaiGaz will import addition AI-92 gas from Russia to Kazakhstan.

01 September 2014

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.

30 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.

28 August 2014

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.

25 August 2014

Gasoline prices spike in Kazakhstan Gasoline prices have grown 11-12% in Kazakhstan in one step.

22 August 2014

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