New energy minister after Kazakh cabinet reshuffle
Kazakhstan
ASTANA, August 13, 2014 – Minister of Oil and Gas Uzakbay Karabalin was replaced by Vladimir Shkolnik during a cabinet reshuffle by President Nursultan Nazarbayev on Wednesday.
The president’s decision comes amid a slowdown of the economy, mainly due to the sanctions on Russia, and pipeline issues which halted the flow of oil in the offshore field Kashagan.
A larger, reorganised Energy Ministry will manage the hydrocarbons, nuclear and electricity sectors.
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