Latest Articles about Kazakhstan

Kazakhstan to Kick Off its “People’s IPO” With KazMunaiGaz

Kazakhstan’s President Nursultan Nazarbayev has announced that five percent of London-listed KazMunaiGaz Exploration and Development (KMG EP), a subsidiary of the national oil and gas company KazMunaiGaz (KMG), will be floated on the Kazakh stock exchange in 2011. These shares are worth $500 million and... MORE

Kazakh Opposition Admits Defeat Ahead of the Presidential Election

On February 21, Kazakhstan’s Central Election Commission announced that 22 candidates had submitted their applications to participate in the upcoming presidential election scheduled for April 3, but only 14 were successful. Seven applicants, according to the Central Election Commission, were removed from the list of... MORE

Kazakhstan Announces Plans to Exit Regional Electricity Network

On January 6, Kazakhstan Electricity Grid Operating Company (KEGOC) announced its plans to exit the Central Asian power system. Kyrgyzstan and Uzbekistan’s inability to reach regional agreements with Kazakhstan on electricity supply over the winter is the main reason for KEGOC’s decision. Due to technical... MORE

Russia and Kazakhstan Agree to a Joint Air Defense Shield

Russia and Kazakhstan have agreed to establish a joint regional air defense shield, with Moscow pledging to transfer several S-300 air defense systems to Astana. The S-300’s are designed to protect administrative, industrial, and military centers from tactical and strategic aviation attacks. Russia also invited... MORE