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Tag Archives: Kazakhstan

Georgia’s Debt to Kazakhstan has Decreased

Georgia's Debt to Kazakhstan has Decreased

Georgia’s debt to Kazakhstan has decreased. Dimitri Kumsishvili, Minister of Finance signed an agreement on restructuring Georgia’s debt to the Republic of Kazakhstan. According to it, the amount of Georgia’s debt is decreased from 27.77 million to 25.48 million USD. “Kazakhstan’s debt will be paid with the reached agreement with …

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TransCaspian International Transport Corridor (TMTM) Efficiency Discussed in Kiev

On April 11 chiefs of railway administrations of Kazakhstan, Ukraine, Azerbaijan and Georgia – Kanat Alpisbaev, Voitsekh Balchun, Javid Gurbanov and Mamuka Bakhtadze met with Vladimer Groissman, Prime Minister of Ukraine. At the meeting the parties discussed efficiency of TransCaspian International Transportation Route (TMTM). The parties stressed the TMTM importance …

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Trans-Caspian Route Prospective for Azerbaijan, Kazakhstan

Trans-Caspian Route Prospective for Azerbaijan, Kazakhstan

Implementation of the Trans-Caspian International Transport Route project opens great prospects for Azerbaijan and Kazakhstan, Vladimir Telnov, deputy director of the Institute of Public Policy for the Kazakh ruling Nur Otan Party, said. He made the remarks Apr. 4 during the Baku-Astana video conference following the official visit of Kazakh …

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Kazakhstan Reveals Plans for Cargo Transportation via Azerbaijan

Kuryk port

Kazakhstan plans to export over 450,000 tons of gas oil via the new Kuryk port and then through Azerbaijan and Georgia until late 2017, Head of Kazakhstan Railways National Company Kanat Alpysbayev told reporters in Baku. He made the remarks on the sidelines of the general meeting of the Union …

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Kazakhstan to Increase Frequency of Flights to Georgia

Kazakh Airlines Air Astana will increase frequency of flights to Georgia since June, the press-service of the company said in a message March 3. “In June, we will be increasing flights to Tbilisi. Almaty-Tbilisi will become a daily service; Astana-Tbilisi will operate 4 times a week,” the company said. Currently …

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Georgia Sets Preferential Tariff on Kazakh Cargo Transit

Georgia Sets Preferential Tariff on Kazakh Cargo Transit

Georgia, Kazakhstan and Azerbaijan have reached agreement on preferential tariffs for Kazakh cargo transit in the TransCaspian corridor. The agreement was reached at the meeting of TransCaspian International Transport Route Coordination Committee in Astana. A part of Kazakh export cargo, including cereals, oil products and nonferrous metals will enjoy preferential tariffs …

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Georgia Sets Preferential Tariff on Kazakh Cargo Transit

Georgia Sets Preferential Tariff on Kazakh Cargo Transit

Georgia, Kazakhstan and Azerbaijan have reached agreement on preferential tariffs for Kazakh cargo transit in the TransCaspian corridor. The agreement was reached at the meeting of TransCaspian International Transport Route Coordination Committee in Astana. A part of Kazakh export cargo, including cereals, oil products and nonferrous metals will enjoy preferential tariffs …

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Azerbaijan, Kazakhstan Plan to Lay New Oil Pipeline

Azerbaijan, Kazakhstan Plan to Lay New Oil Pipeline

Azerbaijan and Kazakhstan are planning to lay new Eskene-Kuryk-Baku oil pipeline with a length of 739 kilometers, according to an article by Azerbaijan’s Energy Minister Natig Aliyev, published in the country’s official press Oct. 6. The minister said that Kazakhstan has huge proven reserves of hydrocarbons, which account for 5.5 …

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Azerbaijan, Kazakhstan, Georgia Mull Cargo Tariffs Reduction

Heads of railway administrations of Kazakhstan, Azerbaijan and Georgia have discussed mutually beneficial cooperation and creation of favorable conditions for cargo transportation with cargo shippers, major operators and freight companies of Kazakhstan in Astana, the press service of Kazakhstan Railways JSC reported. In particular, the sides talked about the reduction …

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Foreigners Continue Investing in Oil, Gas Production in Kazakhstan

Foreigners Continue Investing in Oil, Gas Production in Kazakhstan

Despite the low oil prices, the lion’s share in the foreign investments made in Kazakh economy accounts for the oil and gas production and geological exploration, read a message from the National Bank of Kazakhstan. Direct foreign investments in the oil and gas production in Kazakhstan stood at $958.4 million …

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Kazakhstan Called for the Shipping Companies to Use Georgian Corridor

Kazakhstan Called for the Shipping Companies to Use Georgian Corridor

Kazakhstan called for the shipping companies to use new Silk Road (via Georgia and Azerbaijan) while transporting cargo from Ukraine. “From July 1, Kazakh Investment and Development Ministry gives recommendation on cargo transport by the following rout: Georgia, Azerbaijan, Caspian Sea, Aktau, as well as Turkey, Iran, Turkmenistan and Uzbekista”, …

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