Kazakhstan and Russia: Course on Innovations

The 9^th Forum of Interregional Cooperation of Kazakhstan and Russia was held on September 19 in Pavlodar with participation of Nursultan Nazarbayev and Vladimir Putin. Started in 2003 in Omsk, this event is being held on an annual basis for already nine years. During this time, the leaders, and the political and business elites of the two countries met in Chelyabinsk, Novosibirsk, Orenburg, Ust-Kamenogorsk and Aktobe. In 2012 it was the turn of Pavlodar.

Kanatbek Safinov: Our Primary Task – Promotion of Local Content

The development of local content is an important and topical issue at the current stage of the industrial policy and remains one of the key tasks in support of domestic producers of goods and services. During the opening of the second session of the Parliament held on 3 September 2012, the Head of State noted the importance of reviewing the whole system of support of local content, especially in the processing industry, the agricultural sector and low competitive industries. In this regard, the President instructed the government to analyze jointly with the National Welfare Fund Samruk-Kazyna the international practice and develop our own model for support of Kazakh producers.

Kazakhstan’s Oil and Gas.Reserves, Production, Investment

Rich hydrocarbon raw material reserves in Kazakhstan have ensured effective development of the energy sector and attraction of investments from the world's largest investment oil producing companies, while the adoption of new laws on mineral production has strengthened the investment and energy policy aimed at boosting the economy of the country. Also, considerable prognostic resources of the Kazakhstan’s sector of the Caspian Sea, given the current imbalance of generation and consumption of energy in the world, will ensure Kazakhstan’s leading position in the world market for many years.

No Right to Export for another Five Years?

In midsummer, the Government of Kazakhstan extended the ban on exports of light petroleum products for another six months. So, the total duration of the moratorium on exports has been almost two years by now. However, this restrictive measure is likely to last till 2015 – the time Kazakhstan is expected to complete the modernization of its three refineries and be able to cover on its own the demand by the domestic market for fuels.

Atyrau's Future Homes Today

Chagala Group pleased to introduce “Saraishyk” residential complex – a new project of three-and four-room apartments, setting a new standard for residential accommodation on the Western Kazahstanreal estate market. With 72 apartments ranging from 94 to 148 square meters in the complex it is a new format of luxury housing in Atyrau.

Gas Legislation: the State strengthens its positions

On 9 January 2012, the President of Kazakhstan signed the Law “On Gas and Gas Supply”, which has no analogue in the legislation of the Republic of Kazakhstan, since earlier this sector was governed by the subsoil laws and a range of governmental resolutions. In this Article, we would like to inform on the important legal changes, which may affect activities of companies working in the gas industry.