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​Tied by oil transportation routes Economy

​Tied by oil transportation routes

Falling oil prices, as well as sharp deterioration in relations between Russia and the Western countries can reduce profitability of oil and gas industry in Kazakhstan. Kashagan oil with its high prime cost ($100 per barrel) at the times of prolonged oil price drop is not in demand. The completion of Future Growth Project in Tengiz is postponed for nearly two years, and Russia doesn't like the idea of Kazakhstan about construction of its own gas-processing plant in the West Kazakhstan Oblast, operating on raw materials from Karachaganak gas-condensate field. April 8 2015, 15:01 3 358 просмотрs
​President of Afghanistan to visit Kazakhstan Kazakhstan News

​President of Afghanistan to visit Kazakhstan

In order to establish a working relationship with members of the new Afghan cabinet as well as to discuss the development of bilateral relations, on April 6, 2015 Ambassador of the Republic of Kazakhstan to the Islamic Republic of Afghanistan Mr. Omirtay Bitimov met with Minister of Foreign Affairs of Afghanistan Mr. Salahuddin Rabbani, Kazinform refers to the Kazakh Foreign Ministry's press service. April 8 2015, 10:48 1 080 просмотрs