One of the largest of them is a future expansion project at the Tengiz oil field, which is estimated to cost US$46 billion.
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Kazakhstan is more interested in rising oil prices than in increasing its production, economist Saparbai Zhobayev believes.
Flamingos flew from the lakes Tengiz and Korgalzhyn, which are located on the territory of the Korgalzhyn Nature Reserve.
Visiting Lake Kobeituz and Lake Tengiz will be banned until the end of quarantine.
The country’s state budget is forecasted to lose almost one trillion Tenge (US$2.314 billion) of oil income.
The volume of oil production in Kazakhstan will total 104 million tonnes a year by 2025
By 2025, oil extraction will reach 104 million tonnes per year.