The Kazakhstan government has specified the forecast for 2014 and fixed the average annual oil price at $95.00 per barrel, said Kazakhstan Minister of Economy and Budget Planning Yerbolat Dosayev. Earlier the oil price was $90.00 per barrel.
He also said that in 2014 the forecast of real growth of GDP is estimated at 6%. In 2014 nominal GDP will total 39,623,700 tenge, up against the index of 999.3 billion tenge approved in August 2013.
According to the forecasts of the international organizations, in 2014 average annual oil price will be $105.1 per barrel.
The oil production will remain as forecasted – 83 million tons, reported http://oilru.com.
