Many oil producing companies working in Kazakhstan observed negative financial result in 2015, according to Vice Minister of Energy Asset Magauov. As per an analysis, 36 companies out of 61 had a negative financial result, he noted. As the Vice Minister noted, drill footage dropped from 2,500 running meters to 1,500 running meters in 2015.…
As of July 1, oilseed stocks totaled 260.5 KMT, down by 61.3 KMT YoY (321.8 KMT). Thus, availability of sunflower seeds grew by 10.7 KMT to 104.1 KMT. Soybean stocks were only slightly lower – 30.8 KMT against 31.9 KMT, and rapeseed stocks were two times as low – 28.9 KMT against 60.1 KMT last…
Ethiopian authorities are interested in the import of Kazakhstani grain, the Extraordinary and Plenipotentiary Ambassador of Kazakhstan to Ethiopia informed. “Grain export is one of the ways to cooperate with Ethiopia. There are two ways to deliver grain to that country – Iran and the Novorossiysk Sea Port. Ethiopia is ready to buy our grain.…
Kazakhstan increased maximum allowed domestic wholesale prices for liquefied gas from 11,034 tenge per ton to 23,106 tenge per ton, Kazakh energy ministry reported. The ministry noted that some regions of the country had experienced liquefied gas deficit because suppliers preferred to sell this fuel to the neighboring countries where wholesale prices were much higher,…
Kazakhstan is building a spacecraft assembly and testing complex, which will be commissioned in Astana in early 2018, Marat Nurguzhin, head of Kazakh National Space company Kazakhstan Garysh Sapary, said. The facility will allow carrying out all the tests of the spacecrafts at the same place, thus reducing possible transportation losses. All the cycle of…
71 projects have been implemented in Karaganda region under the Industrialization Map. 54 of them are running at full capacity now, according to Tolegen Igembayev, Head of the Regional Department for Industry and Industrial-Innovative Development. 94 projects worth more than 1350 billion tenge with the creation of over 11,000 jobs have been included in the…
Ninety four countries have officially confirmed their participation in International Specialized Exhibition EXPO-2017, to be held in Kazakhstan’s capital Astana, the Kazakh National company “Astana EXPO-2017” said on July 25. As many as 56 countries have already signed contracts on participation. The latest contracts have been signed by Italy and South Korea. The World’s Fair…