Nursultan Nazarbayev, the president of Kazakhstan, gave his opinion according to low prices of oil. Mr. President supposes that Kazakhstan needs to overcome low prices because it's going to remain for a long time, Tengrinews.kz reports.

"If we remember, a barrel of oil cost 8,5 dollars, then increased during the whole next decade to 130 dollars for a barrel. Then again falling process. Now it comes almost to a bottom of lowest price," Mr. Nazarbayev told.

Head-of-State charged to cover completely all requirements of our market with domestic oil products by 2018. Also, he added that it is important to carry out liberalization of the market for oil and gas, to return commercial functions to the oil processing companies.

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