Kazakhstan

Kazakhstan may introduce ban for the import of petrol from Russia by June 24, 2018

Order to ban import of gasoline from Russia to Kazakhstan by rail for a period of 3 months can be signed before the end of this week.  The energy Minister Of Kazakhstan K.

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Kazakhstan plans to increase oil production to over 100 mln tons per year

The Energy Minister of Kazakhstan K. Bozumbayev has said that the Government expects to increase oil production to 2025 to the level of more than 100 million tons per year.

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In 2017, Polymetal reduced budget payments by 14.3%

Polymetal Int (combines assets of Polymetal) together with its subsidiaries paid in total $193.6 million for 2017 to the budgets of Russia, Kazakhstan and Armenia, which is by 14.3% less than in 20

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The capacity of the first stage of the fourth oil refinery in Kazakhstan will be 3 million tons

The capacity of the first stage of the fourth oil refinery in Kazakhstan will be 3 million tons, the media reported with reference to the Kazakh Energy Minister Kanat Bozumbaev.

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$1.5 bln to be allocated to maintain production at Karachaganak in Kazakhstan

More than $1.5 billion will be invested in maintaining production at the Karachaganak field. This was reported by the press centre of the Energy Ministry of Kazakhstan.

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In May, steel production in Kazakhstan grew by 5.9%

In May 2018, metallurgical enterprises of Kazakhstan produced 0.407 million tons of steel (in April - 0.361 million tons) that is by 5.9% more than in the same period of the previous year and by 12

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Kazakhstan increases export of liquefied gas to Ukraine to 87.7 thousand tons

In the period from January to May, supply of Kazakhstan's liquefied gas to the Ukraine increased 11.5 times to 87.7 thousand tons.

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Energy Ministry of Kazakhstan: Embargo on import of petrol from Russia is not contrary to agreement of the two countries

Possible introduction of a ban on the import of Russian gasoline to Kazakhstan doesn’t contradict bilateral agreements. This was stated by the country’s Ministry of Energy.

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In the first 5 months of 2018, Kazakhstan increased oil and gas condensate production by 6.4%

In January-May 2018, Kazakhstan increased oil and gas condensate production by 6.4% compared to January-May 2017 to 37.7 million tons. Deputy Minister of Energy of Kazakhstan M.

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Chinese companies to take part in construction of refinery in Kazakhstan

Chinese companies will participate in construction of the fourth oil refinery in Kazakhstan, mass media report, citing President Nursultan Nazarbayev.

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