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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

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.

21 August 2014

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 .

16 August 2014

Brazil magnate Batista sells Lamborghini that adorned home Brazilian millionaire Eike Batista has sold the prized Lamborghini that once adorned his living room.

09 August 2014

Astana residents stocking up on dollars 'just in case' Astana residents have been forming queues near currency exchange officer on Thursday.

01 August 2014

No petrol shortages expected in Kazakhstan: Oil Minister According to him, now the issue of petrol prices for the second half of the year is on the agenda.

19 June 2014

Kazakhstan to develop its tourism industry Despite Kazakhstan’s huge tourism potential, Kazakhstani tourism is not being developed properly.

18 June 2014

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