Kazakhstan Chamber of Commerce in the USA

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Kazakhstan Daily News Roundup – September 28, 2010

Posted on September 28, 2010 by KazCham

HEADLINES:

KMG Exploration Production buys two Kazakh oil firms for $65 million
(SRI) – KazMunaiGas Exploration & Production (KMG EP), the London-listed subsidiary of the Kazakh national oil and gas company, said on Monday it will buy two small Kazakh oil firms as it seeks to expand production synergies.

Kazakhstan to ban buckwheat exports
(SRI) – Kazakhstan plans to “temporarily” ban the export of oilseeds and buckwheat as domestic prices soared in September, the government said on Monday.

Samruk-Kazyna places $418-million bonds on KASE
(SRI) – Samruk-Kazyna, Kazakhstan’s state owned holding and investment company, placed 10-year domestic bonds worth KZT61.4 billion ($418 million) on the Kazakhstan Stock Exchange (KASE) on Monday, KASE reported.

ENERGY:

Max Petroleum reassures investors at AGM (Interactive Investor)

Environment agency of Kazakhstan to complete inspections of all oil companies by end of September (Interfax)

BUSINESS AND ECONOMY:

Tau Capital invests in Kazakh oil explorer (SRI)

Kazakhstan to export 7-8 million tons of grain (SRI)

Moody’s assigns (P)Baa3 to Kazakhstan Temir Zholy’s proposed notes (Cbonds.Info)

AREM suggests tightening control of monopolies as to their contractual obligations (Interfax)

National Bank of Kazakhstan: Exchange rates September 28, 2010 (Kazakhstan Today)

Indicators – September 28, 2010 (Reuters)

MINERAL RESOURCES:

ArcelorMittal Temirtau to launch $75 million environmental program (SRI)

POLITICS:

Financial Police brings charges against Kazakh Health Minister (Interfax)

REGIONAL:

Russia wants to supply all of China’s gas needs (AP)

Documentary shows dramatic shrinking of the Aral Sea (AFP)

SOURCE: http://silkroadintelligencer.com/2010/09/28/kazakhstan-daily-news-roundup-september-28-2010/

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