The Kazakh government decided to increase public funds for geological exploration up to KZT 60bn (USD 406mn) per year, deputy minister of industry and new technologies Nurlan Sauranbayev has informed. The authorities want to conduct works to identify prospects of coal in the south, east and west of the country. Kazakhstan is one of the top 10 countries in terms of coal reserves. Kazakh National Geological Exploration Company Kazgeology estimates reserves of essential minerals in the bowels at over USD 9.1bn. |
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