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Kazakhstan ups 2017 oil output forecast

Kazakhstan ups 2017 oil output forecast

Kazakhstan revised up oil output forecast for 2017 to 81 million tons, National Economy Minister Timur Suleimenov said at a meeting on outcomes of 2016 and priorities for 2017, the Economy Ministry said on Feb. 23. Earlier, Kazakhstan forecast the 2017 oil output at 79.5 million tons. In 2016, Kazakhstan’s oil and gas condensate production […]

A Turning Point in Kazakhstan-Iran Relations

Kazakhstan and Iran signed 66 agreements to boost economic relations during the president of Kazakhstan, Nursultan Nazarbayev’s visit to Tehran on April 11. The documents were signed after the meetings between Kazakh president Nursultan Nazarbayev, Hassan Rouhani, president of Iran and Ali Khamenei, the supreme leader. Two countries signed agreements which cover railway transportation, logistics, […]

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