Kazakhstan Chamber of Commerce in the USA

KazCham



Kazakhstan Daily News Roundup – October 3, 2011 0

Posted on October 03, 2011 by Alex

ENERGY:

Kashagan moving towards first oil 
(SRI) – The Western-led consortium developing the giant Kashagan oil field is working towards commissioning its facilities to launch commercial production in 2012, the Panorama business weekly reported on Friday.

BMB Munai announces cash dividend from Emir Oil deal (SRI)

Kazatomprom ups 2011 uranium output forecast (SRI)

Ukrainian companies interested in participating in hydrocarbon exploration and production projects in Kazakhstan (Interfax)

BUSINESS AND ECONOMY:

BTA makes $175-million payment on trade finance loan (SRI)

Ex-Im Bank lends $425 million to Kazakhstan’s railways (SRI)

Foreign debt rises by 5% in first half – central bank (SRI)

Tsesnabank to raise $37 million (SRI)

Asian Development Bank to provide local-currency financing to Kazakh SMEs (SRI)

Kazakhstan important link between China and Europe (Trend)

KazAviaSpektr to launch an agricultural plane plant in December in Karaganda (Interfax)

Indicators – September 30, 2011 (Reuters)

METALS AND MINING:

Kazakhmys begins share buyback program (SRI)

Fortis Mining granted halt pending Potash Salt Deposits geological report (Proactive Investors)

SOCIETY:

Top Kazakh Muslim cleric raps tough new religion law, warns of extremism (Reuters)

Kazakh strikers demand apology from president’s son-in-law (RFE/RL)

REGIONAL:

Moscow strives to clarify vision for Central Asian alliance (EurasiaNet)

In post-Soviet Central Asia, Russian takes a backseat (RFE/RL)

Obama, Uzbek leader discuss Afghan supply route (Reuters)

SOURCE: http://silkroadintelligencer.com/2011/10/03/kazakhstan-daily-news-roundup-october-3-2011/

Kazakhstan Daily News Roundup – February 15, 2011 0

Posted on February 15, 2011 by KazCham

ENERGY:

Oil and gas production up in January – statistics agency (SRI)

Tethys Petroleum appoints new Deputy CEO (Proactive Investors)

BMB Munai agrees to sell operating subsidiary Emir Oil (PR Newswire)

BUSINESS AND ECONOMY:

Kazakh economy grows by 7% in 2010 – statistics agency (SRI)

Kazakhstan 2010 trade surplus doubles to $29.5 billion (Reuters)

Average wage grows by 14.2% in 2010 (SRI)

National Bank of Kazakhstan: Exchange rates February 15, 2011 (Kazakhstan Today)

Indicators – February 14, 2011 (Reuters)

METALS AND MINING:

Kazakhmys chairman to keep stake, mulls HK listing (Reuters)

Kazakhstan boosts copper output in January (Reuters)

Frontier Mining reports increased oxide, sulphide resources at Benkala (SRI)

POLITICS:

Kazakh President to visit China next week (TREND)

Kazakh presidential candidate turned down after failing language test (RIA Novosti)

SOURCE: http://silkroadintelligencer.com/2011/02/15/kazakhstan-daily-news-roundup-february-15-2011/

Kazakhstan Daily News Roundup – January 31, 2011 0

Posted on January 31, 2011 by KazCham

EADLINES:

Kazakh leader says ready to stay in power
(AFP) – Kazakh President Nursultan Nazarbayev on Friday said he was ready to work for as long as required as his country is expected to hold a referendum on whether to extend his term until 2020.

ENERGY:

Kashagan to feed CPC (Oil and Gas Eurasia)

Roxi Petroleum tanks 25% after NK20 well disappoints (Proactive Investors)

BMB Munai enters agreement to extend noteholders’ redemption rights (PR Newswire)

BUSINESS AND ECONOMY:

EBRD ups 2011 economic growth forecast (SRI)

Kazakhstan seeks Ablyazov’s extradition from the UK (SRI)

Kazakhstan to sell oil, power firms from 2012 (Reuters)

Germany plans Kazakhstan raw materials partnership (Reuters)

Troika Dialog Kazakhstan hires Blair Pollock as deputy head (SRI)

Kazakhstan to export 60,000 tons of meat in 2016 (Bloomberg)

Kazakhstan attracted over $120 billion in foreign investment through the years of independence – Nazarbayev (Interfax)

National Bank of Kazakhstan: Exchange rates January 29-31, 2011 (Kazakhstan Today)

Indicators – January 28, 2011 (Reuters)

METALS AND MINING:

Kazakhmys annual copper output in line (Reuters)

Polyus 2010 core profit up by one third (Reuters)

POLITICS:

Kazakhstan’s constitutional referendum: Western questions, Kazakh answers (Eurasia Daily Monitor)

Washington presses Astana on bid to extend president’s rule – but is anyone listening? (EurasiaNet)

SOCIETY:

Asian Winter Games to open in Kazakhstan (AFP)

Fake Nazarbayev grandson nabbed for swindling (EurasiaNet)

Source: http://silkroadintelligencer.com/2011/01/31/kazakhstan-daily-news-roundup-january-31-2011/

Kazakhstan Daily News Roundup – September 14, 2010 0

Posted on September 14, 2010 by KazCham

ENERGY:

Kazakhstan sees 2011 oil output at 81 million tonnes (Reuters)

BG, Eni-led Kazakh venture engineer gunned down near his home (Bloomberg)

CPC October program at 2.877 million tons, up 172,500 tons on month (Dow Jones)

BMB Munai reaches restructuring agreement (PR Newswire)

Tethys begins oil sales in Kazakhstan under test scheme (Proactive Investors)

Ukrainian-Kazakh construction of LNG terminal postponed – official (Interfax – Kyiv Post)

BUSINESS AND ECONOMY:

BTA says $5 billion in Russian loans “problematic” (SRI)

Chagala revenues jump in H1 (SRI)

Kazakh companies should invest at home – Samruk-Kazyna (New Europe)

Kazakhstan coal supplies to Russia threatened by lack of rail cars (RIA Novosti)

Kazakhstan not to impose limitations for grain exports (AgriMarket.Info)

Kazakhstan to supply 1.5 million tonnes of grains to Russia (AgriMarket.Info)

KTZh to receive $665,000 from USTDA to improve rail infrastructure (Interfax)

Kazakhstan falls five places in Global Competitiveness Report (Interfax)

Kazakhstan to start introducing EU construction standards in 2011 (Interfax)

METALS AND MINING:

ENRC steps up defence of Congo deal (Financial Times)

Kazakh Jan-Aug copper output rises 7.8% year-on-year (Reuters)

POLITICS:

Kazakh president’s confidant dies (Reuters)

SCO exercises in Kazakhstan to train new counter terrorism techniques (Itar-Tass)

REGIONAL:

20 militants killed on Tajik-Afghan border – official (AFP)

Wildfires destroy over 400 homes in Siberia (Reuters)

Georgia eyes tourist future for one-time rebel hotspot (AFP)

SOURCE: http://silkroadintelligencer.com/2010/09/14/kazakhstan-daily-news-roundup-september-13-2010/

Kazakhstan Daily News Roundup – July 27, 2010 0

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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