Middle East Economic Survey
Kazakhstan Establishes New Oil And Gas Ministry
Kazakh President Nursultan Nazarbayev established on 13 March a new Ministry of Oil and Gas to replace the existing Ministry of Energy and Mineral Resources. The ministry will be headed by the previous Minister of Energy Sauat Mynbayev and is expected to take over the regulatory role currently exercised by the state oil and gas company KazMunaiGaz (KMG). The ministry will relieve KMG...