The rise is related to cancellation of the 50-percent discount on air navigation services in Kazakhstan.
The International Monetary Fund again urged Ukraine Friday to raise gas prices for consumers, a sticking point in the resumption of an IMF bailout.
KazMunaiGas oil and condensed gas production in 2011 totaled 21.1 million tons. Plans are to produce 21.9 million tons in 2012.
Kazakhstan's fuel prices are approaching the ones in the U.S.
Kazakhstan is set to drop its fuel prices.
Head of Kazakhstan National Bank believes that the fuel prices in Kazakhstan have to go down amid the global oil prices drop.
Prices of funicular rides to Kok Tobe in Almaty have gone up, Nelly Sherbakova, art director of the park, said.
Virtis consulting group presented a survey that revealed that medicines are getting more expensive in Kazakhstan.
Chairman of Kazakhstan Agency for Natural Monopolies Regulation Murat Ospanov explained the recent prices surge.
Kazakhstan Oil and Gas Ministry is not allowed a large increase of the fuel prices.
Kazakhstan Natural Monopolies Regulation Agency set the ceiling prices for fuel.
Bottom prices of filter cigarettes have been raised from 60-70 tenge to 90-100 tenge ($0.61-0.68) for a pack.
Kazakhstan Minister of Oil and Gas Sauat Mynbayev explained the reason behind high prices for local flights.
Fuel prices ceiling will remain at the same level as in February in Kazakhstan.
Owners of Kazakhstan fuel stations call for less difference in fuel prices between Kazakhstan and Russia.
2011 petrol prices trends in European and CIS countries analyzed by the Center for Economic Research RIA-Analitika.
Drop of prices of energy and mineral resources exported by Kazakhstan is inevitable: Karim Massimov.
Fuel prices ceiling will remain at the same level as in January.
Petrol prices went 24 percent up in Kazakhstan in 2011, while diesel fuel prices increase 26.2 percent.
Fuel prices will not change in January 2012.
- Air Astana
- Agency for Natural Monopolies Regulation
- Karim Massimov
- Karim Masimov