Kazakhstan

Proceeds of JSC Exploration Production KazMunayGas up by 39%

In H1 2017 revenues amounted to 437 billion tenge ($1.371 million), which is 39% higher than in the same period in 2016.

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Kazakhaltyn is completing factory construction

Construction of a gold recovery plant is being completed in Kazakhstan (Akmola region).

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In H1, Gazprom’s supplies to Western Europe grew by 9.8%

In the first six months of 2017, Gazprom  supplied 76.684 billion cubic meters of gas to Western Europe, the company's RAS report says.

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Skolkovo’s expert: Astana is unlikely to fulfill its obligations to OPEC+ for 100%

Kazakhstan is unlikely to fully fulfill its obligations to OPEC to reduce the oil production.

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Australian company searches for titanium sand in Kazakhstan

The Australian Iluka will invest $ 4 million in exploration of titanium sands in the Kostanay and North Kazakhstan regions.

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In 2017, CPC plans to increase its net profit under IAS three times

The Caspian Pipeline Consortium (CPC) expects the net profit under IAS for 2017 in the amount of $792 million, CPC’s head Nikolai Gorban told reporters.

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Since the beginning of the year, CPC took in its system 3.83 mln tons of oil from the Kashagan field

In January-July 2017, the Caspian Pipeline Consortium (CPC) accepted 3.83 million tons of oil from the Kashagan field in Kazakhstan, the company's head Nikolai Gorban told reporters.

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In Q3, CPC plans to pay $305 of debt to shareholders

The Caspian Pipeline Consortium (CPC) has planned to pay $305 million of its debt to shareholders in the third quarter of 2017, head of CPC Nikolai Gorban told reporters.

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KAZ Minerals increased copper production in H1

In January-June, Kazakhstani company KAZ Minerals increased the production of refined copper to 118 thousand tons against 56 thousand tons in the same period in 2016, the company's press centre

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Goldmine of Kyzyl project

For millions of years the East Kazakhstan region has kept untold treasures. Dozens of the most important elements of Mendeleyev's table are hidden in the depths of the region.

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