Kazakhstan Chamber of Commerce in the USA

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Kazakhstan Daily News Roundup – June 28, 2010

Posted on June 28, 2010 by KazCham

HEADLINES:

KazMunaiGas to sell refinery to TNK-BP
(SRI) – KazMunaiGas, Kazakhstan’s national oil and gas company, has reportedly reached an understanding to sell a 50-percent stake in Kazakhstan’s largest oil refinery to TNK-BP, BP’s Russian oil venture, Reuters said on Friday citing industry sources.

Weeks after violence, Kyrgyzstan constitution OK’d
(AP) – Barely two weeks after ethnic purges left many minority Uzbek communities in smoldering ruin, about two-thirds of Kyrgyzstan’s voters went to the polls Sunday to peacefully and overwhelmingly approve a new constitution they hoped would bring stability to the Central Asian nation.

ENERGY:

Fitch affirms TCO Finance Series A senior secured notes at BBB-; outlook Stable (Fitch)

Kazakhstan Caspian Transport System project postponed (New Europe)

Kazakhstan ratifies agreement on Kazakhstan-China pipeline (Oil and Gas Eurasia)

BUSINESS AND ECONOMY:

EDB to open credit lines for financial institutions to further support SME (Interfax)

National Bank of Kazakhstan: Exchange rates June 26-28, 2010 (Kazinform)

Indicators – June 25, 2010 (Reuters)

METALS AND MINING:

Two killed in Kazakh coal mine blowout – ministry (Reuters)

ENRC commissions second unit of Kazakhstan Electrolysis Plant (Interfax)

Frontier breaks ground at Benkala copper project in Kazakhstan (Mineweb)

POLITICS:

Kazakhstan, Uzbekistan clash over border policy (EurasiaNet)

SOCIETY:

Kyrgyz tourist season to suffer as Kazakh big spenders stay away (EurasiaNet)

REGIONAL:

Kyrgyzstan votes in key referendum after violence (AP)

Belarus revives Russia energy feud with cut threat (AFP)

U.S. to build troop training centre in Tajikistan – envoy (AFP)

SOURCE: http://silkroadintelligencer.com/2010/06/28/kazakhstan-daily-news-roundup-june-28-2010/

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