Kazakhstan Chamber of Commerce in the USA

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Kazakhstan Daily News Roundup – July 27, 2010

Posted on July 27, 2010 by KazCham

HEADLINES:

Kazakhstan cancels Tristan Oil’s subsoil licenses
(SRI) – Tristan Oil, a Kazakhstan-focused oil company, said on Sunday that Kazakhstan’s Ministry of Oil and Gas had cancelled the subsoil use contracts issued to its two production subsidiaries, Kazpolmunai and Tolkynneftegas.

Kazakhstan to expand Caspian fleet – Minister
(SRI) – Kazakhstan plans to secure more than 50 percent of the Caspian Sea commodity cargo market by 2013 as it expands its tanker fleet with the help of private investors, Reuters reported on Monday citing the country’s Minister of Transport and Communications Abelgazi Kusainov.

Zhaikmunai charged over illegal crude exports
(SRI) – Zhaikmunai LP, a Kazakhstan-focused oil company, has been charged over illegal crude oil exports to Finland, the regional prosecutor’s office said in a statement on Saturday.

ENERGY:

GE signs service deal in Kazakhstan (Upstream Online)

BMB Munai announces completion of prospective resources report (PR Newswire)

BUSINESS AND ECONOMY:

Environmental NGOs in Kazakhstan wield increasing influence over policy in Kazakhstan (EurasiaNet)

IBA Group opens office in Kazakhstan (PR Newswire)

National Bank of Kazakhstan: Exchange rates July 27, 2010 (Kazinform)

METALS AND MINING:

Frontier Mining’s second gold pour and production progress (Mineweb)

POLITICS:

U.S. President won’t attend OSCE summit in Astana – source (Interfax)

Kazakhstan and the OSCE can take the lead in Kyrgyzstan (RFE/RL)

SOCIETY:

Aral Sea trickles back to life (bne)

SOURCE: http://silkroadintelligencer.com/2010/07/27/kazakhstan-daily-news-roundup-july-27-2010/

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