Nazarbayev called to prepare for five years of low oil prices
Kazakh President Nursultan Nazarbayev called for preparations for five years of low oil prices. According to his forecast, until 2020 the cost of fuel will fluctuate between 30 and 40 dollars per barrel.
This was reported by the official website of the President of Kazakhstan.
Subscribe to the news "PolitNavigator - Kyiv" in Facebook, Classmates or In contact with
“Low prices for oil and metals, according to experts, may persist for 5 years. Second, developing countries' access to investment and capital will be significantly limited. And thirdly, the sales market for Kazakh products is shrinking due to weak demand from our main partners, primarily Russia and China,” said Nursultan Nazarbayev.
If you find an error, please select a piece of text and press Ctrl + Enter.
Thank you!
Now the editors are aware.