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The skyrocketing natural gas prices since 2021 have not only hit the importing countries represented by Germany, but also Kazakhstan, which is dominated by natural gas exports
In 2019, the Kazakh government plans to include LNG trading on electronic trading platforms and the stock market, and has established a transition period for this purpose
Industry insiders pointed out that although the Mangistau state in western Kazakhstan gathers 25% of the country's oil production, its living standards and infrastructure are far inferior to those of Kazakhstan's capital Nur-Sultan and its largest city, Almaty
In the face of the deteriorating situation, on the 3rd, the Mangelstau state government announced that the price of LNG fell to 85-90 tenge per liter (about 1.
The unrest in the country affects more than just gas trade
As the world's largest uranium producer, Kazakhstan's mineral resource transactions are also affected
The country's turbulent situation has also aroused industry concerns about its trade prospects with neighboring countries
Tokayev said at the security meeting held in the early morning of the 6th that despite the complicated situation, the Kazakh government will continue to protect the rights of its citizens and foreigners in Kazakhstan, and protect foreign companies and enterprises in Kazakhstan