Kazakhstan Chamber of Commerce in the USA

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Kazakhstan Daily News Roundup – October 13, 2010

Posted on October 13, 2010 by KazCham

ENERGY:

AES considering international arbitration against Kazakhstan
(SRI) – AES, a U.S.-based power utility operating in Kazakhstan, could file a suit against the Kazakh government in the London Court of International Arbitration if the two sides fail to reach a consensus in an ongoing investment dispute, AES vice president Michael Jonagan said last week.

Zhaikmunai sets yield guidance for Eurobond issue
(SRI) – Zhaikmunai LP, a Kazakhstan-focused oil company, has set yield guidance on a planned $400-million five-year Eurobond at 10.75-11%, Reuters reported on Tuesday citing a source at one of the lead managers.

BUSINESS AND ECONOMY:

Kazakhstan flies in North Dakota cows to boost beef industry (AP)

PNB expects acquisition of Kazak bank by March 2011 (Business Standard)

Kazakhstan produced 13.6 million tonnes of grains in bunker weight (AgriMarket.Info)

National Bank of Kazakhstan: Exchange rates October 13, 2010 (Kazakhstan Today)

METALS AND MINING:

Kazakhmys mulls options for oil unit (Reuters)

Kazakhmys says government stake ‘not a worry’ (Telegraph)

POLITICS:

Kazakh President and German Bundestag President discuss prospects of cooperation (Interfax)

REGIONAL:

Turkmen leader fires gas monopoly chief (AP)

Kyrgyz vote front-runner says seeks broad coalition (Reuters)

Tajikistan blocks Internet sites amid unrest – sources (AFP)

SOURCE: http://silkroadintelligencer.com/2010/10/13/kazakhstan-daily-news-roundup-october-13-2010/

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