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Oil and Gas Minister Sauat Mynbaveyv. Photo courtesy of pm.kz
Recoverable oil reserves in Kazakhstan to last for 50-60 years

The figure may be increased from the current 5.3 to 17 billion tons through geological exploration works.

Recoverable oil reserves in Kazakhstan to last for 50-60 years
Photo courtesy of deswal.ru
2011 gold and currency reserves announced

Assets of the National Oil Fund as of the end of December totaled $43.693 billion, 41.04% up against the end of 2010.

2011 gold and currency reserves announced
Photo courtesy of deswal.ru
January – October net gold and currency reserves figures announced

The figure made up $32.065 billion.

January – October net gold and currency reserves figures announced
Gregory Marchenko. ©Vladimir Dmitriyev
National Bank to double the share of gold in gold and currency reserves

When it comes to domestic demand, the Kazakhs have been more interested in silver, according to Mr. Marchenko.

National Bank to double the share of gold in gold and currency reserves
Photo courtesy of deswal.ru
January – September net gold and currency reserves figures announced

Assets of the National Oil Fund as of the end of September stood at $40.018 billion.

January – September net gold and currency reserves figures announced
Oil drilling rig. ©RIA Novosti
KazMunaiGas arranged for independent audit of oil reserves

KazMunaiGas National Oil Company started an independent audit of oil reserves.

KazMunaiGas arranged for independent audit of oil reserves
President Nazarbayev visits D island at Kashagan giant oilfield
President Nazarbayev visits D island at Kashagan giant oilfield

The field was discovered in 2000 and was one of the larger discoveries in that decade, it is estimated that the Kashagan Field has commercial reserves from 10 billion barrels.

President Nazarbayev visits D island at Kashagan giant oilfield
REUTERS/Petr Josek Snr©
Net gold and currency reserves grow

Net gold and currency reserves of the Kazakhstan’s National Bank grew by 31.44% from January to July, making up $36.3 billion as of the end of July.

Net gold and currency reserves grow
REUTERS/Petr Josek Snr©
Aggregate gold and currency reserves of Kazakhstan 24.5% up since January

The figure made up $73.3 billion as of the end of June.

Aggregate gold and currency reserves of Kazakhstan 24.5% up since January
Photo courtesy of nnm.ru
New oil field discovered in Kazakhstan

The field's oil reserves may reach 200 million tons.

New oil field discovered in Kazakhstan
REUTERS/Petr Josek Snr©
Gold and currency reserves grew by 31% in January-April to $36.4 billion

In April, gold and currency reserves grew by 5.14%, with net currency reserves growing by 4.92% and gold reserves growing by 7%.

Gold and currency reserves grew by 31% in January-April to $36.4 billion
RIA Novosti©
Proved Caspian reserves made 2.95 billion tons of oil

Proved hydrocarbon reserves of the Caspian Sea shelf make 3.1 trillion cubic meters of gas and 2.95 billion tons of oil.

Proved Caspian reserves made 2.95 billion tons of oil