Results of the Year
November 7, the Chairman of the Board of the national company KazMunayGas Sauat Mynbayev commented on the Paradise Papers offshore scandal. "At the moment, I am not a shareholder at Meridian Capital”, noted in response to a request of Interfax-Kazakhstan.
On November 6, the international consortium of investigative journalists published so-called Paradise Papers - documents relating to offshore companies, associated with many political figures from different countries. According to the publication of the consortium, Mynbayev is a shareholder in Bermuda-registered company Meridian Capital Ltd.
The Ministry of Energy of the Republic of Kazakhstan held the enlarged meeting of the collegium, which summed up the country's energy industry in 2017. Petroleum publishes the summary of the Minister Kanat Bozumbayev’s report.
From January 1, 2018, by order of the Minister of Energy of Kazakhstan maximum wholesale price for liquefied petroleum gas (LPG) increased domestically from 34,319 KZT to 38,701 KZT per ton excluding VAT (exchange rate of National Bank of Kazakhstan as January 1 is 332.33 KZT for 1 USD).