KazCham

Kazakhstan Daily News Roundup – March 16, 2011

SOURCE: http://silkroadintelligencer.com/2011/03/16/kazakhstan-daily-news-roundup-march-16-2011/

ENERGY:

Karachaganak dispute near resolution – Deputy Minister
(SRI) – Kazakhstan is close to resolving a dispute with Karachaganak Petroleum Operating (KPO), the Western-led consortium developing the Karachaganak field, Bloomberg reported on Tuesday, citing a high-ranking Kazakh official.

Kazakhstan gas production to increase 12% this year (Bloomberg)

KazMunaiGas to build oil spill response base in North Caspian (Interfax)

Kazakhstan determined to ramp up oil refining by 2016 (Interfax)

BUSINESS AND ECONOMY:

Halyk Bank forecasts 2011 profit, loan growth (Reuters)

Al Hilal to open third branch in Kazakhstan (SRI)

Kazakhstan talks with Hanwha, Marubeni to build gas chemicals plant (Bloomberg)

Belarus-Kazakhstan turnover to exceed $1 billion – Lukashenko (Telegraph.by)

Indicators – March 15, 2011 (Reuters)

METALS AND MINING:

Kazakhstan boosts Jan-Feb copper output by 2.6% (Reuters)

SOCIETY: