Astana to host II Eurasian energy forum KazEnergy
Astana. September 6. Kazakhstan Today - The second Eurasian energy forum KazEnergy will take place on September 6-7 in Astana. The Prime Minister of Kazakhstan Karim Masimov and the Chairman of the Association KazEnergy Timur Kulibayev will open the work of the forum. The forum organizing committee informed the agency.
"The purpose of carrying out KazEnergy forum is discussion of pressing questions of development of oil-and-gas and power branch: the review of the analytical information, development of proposals and recommendations, coordination of uniform approaches to creation of effective legislative mechanisms and practical tools of activity of key sectors of the economy," the message widespread by the organizing committee states.
According to the organizing committee, the plenary session, during which the strategy of development of oil-and-gas and energy branches will be considered on September 6, will take place on September 6. The vice Chairman of the president' administration Vladimir Shkolnik, the Minister of Energy and Mineral Resources of Kazakhstan Sauat Mynbayev, the Minister for Foreign Affairs Marat Tazhin, and the representatives of foreign departments and the companies will take part in the forum.
The second day of the forum, according to the organizing committee, will be devoted to the issues of export routes of transportation of the Kazakhstan hydrocarbons, preparation of experts for oil-and-gas and electro power branches, increase in the Kazakhstan maintenance in oil-and-gas projects, energy economy. The representatives of the Ministries of Transport and Communications, the Industry and Commerce, Energy and Mineral Resources, Environment Protection, Labor and Social Protection, Education and Sciences of Kazakhstan, as well as the companies - members of association KazEnergy will take part in the sessions of the working groups.
As it was informed earlier, the I Eurasian energy forum KazEnergy took place on September 6-7, 2006 in Astana. More than 200 delegates: representatives of the state bodies, the chairmen of the oil-and-gas and energy companies, leading experts and analysts from different countries of the world will took part in its work.
This information may not be reproduced without reference to Kazakhstan Today
relevant news
Uzbekistan and Kazakhstan launch E-Permit international cargo transportation system
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
National Bank of Kazakhstan maintains base rate at 14.75%
Annual inflation in February and March continued to decrease, albeit at a slower pace. Inflation expectations have slightly decreased but remain at a relatively high level. The external inflation background continues to be neutral with the ongoing trend of declining grain prices in global markets. Within the domestic economy, inflationary pressure persists due to robust internal demand and unanchored inflation expectations," reads the bank’s official statement.
In the current circumstances, there is still limited room for easing monetary policy. This space will begin to form with the stable reduction of the stable part of inflation," it said.
Monthly inflation slowed down in March to 0.7% after a spike in the previous month (1.1%), forming above the average historical values (0.6%). A similar dynamic is observed for the indicators of core and seasonally adjusted inflation - a significant reduction in March after a sharp acceleration in February," said the bank.
The external inflation background is neutral. The cost of food in global markets in March shows a slight increase, mainly due to rising prices for vegetable oils. Grain prices continue to decline against the background of the realization of the harvested crop in exporting countries and the uninterrupted operation of maritime trade routes," said the bank.
In the European Union, the trend towards slowing inflation continues against the backdrop of the European Central Bank's restrictive policy. Despite expectations of weaker economic growth indicators this year, the ECB remains committed to returning inflation to its target value and intends to maintain restrictive monetary and credit conditions for this purpose," said National Bank Governor Timur Suleimenov in an April 12 statement.
The Federal Reserve notes that inflation in the United States still remains high. In March, the annual inflation rate increased to 3.5%, accelerating for the second consecutive month. According to the Fed's rhetoric, the current monetary and credit conditions will continue going forward. In Russia - a key trading partner of Kazakhstan, inflation in March remained at 7.7%. According to the statement from the Russian regulator, achieving the inflation target involves a prolonged period of maintaining tight monetary and credit conditions," said Suleimenov.
Pro-inflationary risks are conditioned by the continuation of reforms in the area of regulated prices, the consequences of abnormal floods in Kazakhstan, and the uncertainty associated with the volumes of budget expenditures needed for their elimination," the bank said.
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Henkel intends to develop production in Kazakhstan
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Kazakhstan and Finland: Plans to launch 11 new manufacturing projects worth 32.5 billion tenge
By 2027, the woodworking industry plans to launch approximately 11 new productions valued at 32.5 billion tenge, creating 1400 jobs", emphasized the Vice Minister.
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
ADB: Kazakhstan's economy to grow 3.8% in 2024, 5.3% in 2025
The prospects for Kazakhstan’s economic development look positive in the medium term," said ADB Country Operations Head in Kazakhstan Iskandar Gulamov.
However, the economy’s dependence on commodities makes such growth volatile-so structural reforms are key to bolstering the country’s economic resilience and sustainability," he added.
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
One of China's leading companies plans to implement pipe and fitting production projects in Kazakhstan
Xinxing Ductile Iron Pipes" is one of China's largest enterprises, primarily engaged in casting pipes and fittings, steel melting and rolling, developing special steel pipes, and producing cast items. It boasts the world's largest pipe manufacturing plant.
Xinxing" is an integrated metal processing enterprise with an annual output of 10 million tons of metal products and 8 million tons of steel, also producing 3 million tons of pipes with diameters ranging from 80 to 3000 mm. The company's products are widely used in the engineering and utilities sector, as well as in water supply, sewage, and heating systems.
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
7th meeting of the Committee for Cooperation of the Republic of Kazakhstan - European Union in trade configuration was held
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Kairat Torebayev discussed expansion of business cooperation with representatives of Belgium
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Most viewed
12.04.2024, 14:20Kazakhstan and Finland: Plans to launch 11 new manufacturing projects worth 32.5 billion tenge 12.04.2024, 15:23 42721Henkel intends to develop production in Kazakhstan12.04.2024, 13:36 42496ADB: Kazakhstan's economy to grow 3.8% in 2024, 5.3% in 202512.04.2024, 10:17 42481Astana International Forum Discussed at OECD12.04.2024, 17:25 40956Head of State Tokayev chairs republican flood control headquarters meeting
20.03.2024, 20:52 112291Baige finds renewed popularity in Kazakhstan23.03.2024, 20:39 109551Earth Hour 2024 returns by providing 60 minutes of global unity around the world, in support and celebration of the planet25.03.2024, 20:19 97121Head of State sent a telegram of congratulations to the President-elect of Indonesia25.03.2024, 18:26 96931Cyprus set to open its embassy in Kazakhstan25.03.2024, 11:16 93811Olzhas Bektenov leaving note in condolence book at Russian Embassy in Astana