Kazakhstan will fall short of planned oil volumes for 2011, partly due to the disorders in Zhanaozen, Oil and Gas Minister Sauat Mynbayev told reporters. The reason is that some enterprises have reduced output, mainly due to the recent riots in Zhanaozen, where there was a 15% reduction. The plan envisaged 81m tonnes of oil, while anticipated production for the year is 80.3m tonnes. |
Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more
Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more
Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more