Kazakhstan Chamber of Commerce in the USA

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Kazakhstan Daily News Roundup – September 5, 2011 0

Posted on September 06, 2011 by Alex

Kazakhstan Daily News Roundup – August 31, 2011 0

Posted on August 31, 2011 by Alex

ENERGY:

Kazakh oil fund to reach $72.5 billion in 2015 (SRI)

Kazakhstan has no plans to raise oil export duty until at least 2014 (SRI)

Crude output at oil facility hit by strike “almost back to normal” – KMG EP (SRI)

Central Asia – China gas pipeline to double capacity by 2015 (SRI)

Zhaikmunai nearly doubles income in first half (SRI)

Jupiter Energy pushes forward with exploration at Block 31 (Proactive Investors)

BUSINESS AND ECONOMY:

Alliance Bank slashes dividend, reports loss in first half (SRI)

Kazakhstan’s economy to grow 7% annually in 2012-2014 – Kelimbetov
(SRI) – Kazakhstan’s economy will grow by at least 7% annually in 2012-2014, based on an expected average oil price of $80 per barrel in 2012 and $70 from 2013 to 2016, Minister of Economic Development and Trade Kairat Kelimbetov told a government meeting on Saturday.

On the move: Former Justice Minister named chairman of Sberbank Kazakhstan (SRI)

Kazakhstan to export 3 million tonnes of grains to China (SRI)

BTA Bank adds $1.5 billion in provisions in July – regulator (Bloomberg)

Indicators – August 27, 2011 (Reuters)

METALS AND MINING:

Central Asia Resources to commence Kazakhstan gold mining in September (Proactive Investors)

POLITICS AND SECURITY:

Suspect killed as police admit terror in oil-rich western Kazakhstan (EurasiaNet)

SOCIETY:

Kazakhstan reels from impact of nuclear tests, 20 years on (AFP)

REGIONAL:

Nabucco more likely after Fukushima – EU’s Oettinger (Reuters)

Turkmenistan frees over 3,700 prisoners in amnesty (Reuters)

SOURCE: http://silkroadintelligencer.com/2011/08/31/kazakhstan-daily-news-roundup-august-31-2011/

 

Kazakhstan Daily News Roundup – July 7, 2011 0

Posted on July 06, 2011 by KazCham

Kashagan said in crisis (again)

(bne) – Shell and its partners developing the Kashagan oilfield will have to ask the Kazakh government for an extension to the 2013 deadline for the first oil from the troubled project, in what would be a humiliating move that could have dire consequences for the future of the project, according to The Daily Telegraph.

ENERGY:

Consortium launches $5.4-billion pipeline expansion (SRI)

Max Petroleum to raise production in Q3; receives trial production approval (SRI)

Gazprom cosies up to Kazakh billionaire (Financial Times)

Jupiter Energy eyes significant milestones in coming months (Proactive Investors)

BUSINESS AND ECONOMY:

BTA makes $166.4 coupon payment (SRI)

On the move: BTA Bank, Samruk-Kazyna (SRI)

Saks, de Beers opening stores in Kazakhstan (SRI)

Monthly inflation 0.3% in June (SRI)

Kazakh central bank leaves refinancing rate unchanged at 7.5% (SRI)

S&P affirms Kazpost ratings, withdraws them upon company request (S&P)

New defaults on the Kazakhstan Stock Exchange possible – KASE chairman (Interfax)

Indicators – July 5, 2011 (Reuters)

METALS AND MINING:

Kazakhstan may build new gold refinery to help boost output (SRI)

Kazakhmys to consider acquisitions with “huge” production potential (SRI)

Kazakh, Slovak companies to mine for lead ore in eastern Kazakhstan (SRI)

Sunkar reports progress on Chilisai project study (SRI)

First Quantum won’t sell its congolese plant to ENRC, pursues mine rights (Bloomberg)

POLITICS AND SECURITY:

The scent of elections (EurasiaNet)

Kazakhstan opens naval air base, intimidates strikers? (EurasiaNet)

SOCIETY:

Sting cancels Kazakh concert over oil worker dispute (SRI)

Kazakhs invest in new Astana (euronews)

Authoritarian Kazakh prez to be hero of fairy tale (AP)

REGIONAL:

U.S. shifts supply routes to Central Asia – report (AFP)

Turkmenistan president ’sings own birthday song’ (AFP)

SOURCE: http://silkroadintelligencer.com/2011/07/07/kazakhstan-daily-news-roundup-july-7-2011/

Kazakhstan Daily News Roundup – June 1, 2011 0

Posted on June 01, 2011 by KazCham

ENERGY:

KMG EP to pursue Aral basin oil and gas exploration
(bne) – The Aral Sea basin is possibly the second most prospective area for oil and gas in Central Asia after the Caspian basin, according to Askar Balzhanov, general director and chairman of the management board of KazMunaiGas Exploration Production (KMG EP).

Strike hits output at Kazakh KMG EP’s oil field
(Reuters) – Kazakhstan’s London-listed oil and gas firm KazMunaiGas Exploration Production is suffering a daily output loss of some 2,000 tonnes of crude oil due to a workers’ strike.

Kulibayev may join Gazprom’s board of directors (SRI)

Kazakhstan plans to extend ban on petrochemicals export (SRI)

Tethys Petroleum tests oil in upper AKD03 Dione well in Kazakhstan (Proactive Investors)

Condor’s Shoba-3 appraisal well encounters a 48-meter hydrocarbon column (Marketwire)

Berezovka villagers demand that Karachaganak operator and government finance their immediate relocation (Interfax)

BUSINESS AND ECONOMY:

Almaty scrambles to improve earthquake readiness
(bne) – 100 years after the last major earthquake flattened the city, Almaty residents are living in fear of the next big one. A scare in early May revealed how unprepared the Kazakh authorities are, and a drill on May 24 was hastily arranged.

Kazkommertsbank Q1 net profit up by 6% (SRI)

Astana sees free-trade zone as antidote to Dutch Disease (EurasiaNet)

Indicators – May 31, 2011 (Reuters)

METALS AND MINING:

Alhambra Resources announces Q1 results (Marketwire)

SOCIETY:

Suspect in Kazakh smuggling case apprehended in Abu Dhabi (RFE/RL)

REGIONAL:

Turkmenistan says keen to boost gas sales to Russia (Reuters)

Turkmenistan ’setting up space agency’ (AFP)

 

Kazakhstan Daily News Roundup – January 20, 2011 0

Posted on January 20, 2011 by KazCham

HEADLINES:

Kazakhstan recovers $143 million from Karachaganak venture – customs committee
(SRI) – Kazakhstan’s customs authorities recovered KZT21 billion ($143 million) in 2010 from Karachaganak Petroleum Operating (KPO), the Western-led consortium developing the Karachaganak gas condensate field, the customs committee said in a statement on Wednesday.

Russian group buys Ablyazov’s flagship real estate project in Moscow
(SRI) – Eurasia Logistics, controlled by Mukhtar Ablyazov, the fugitive former head of Kazakh BTA Bank, has sold the Northern Domodedovo logistics center in late 2010, Russia’s RBC Daily newswire reported last week.

Unicredit dismisses talks of selling Kazakhstan subsidiary
(SRI) – Unicredit, the Italian banking group, has no plans to exit Kazakhstan or any other Eurasian markets, the head of the group’s Central and Eastern Europe division said on Wednesday.

BUSINESS AND ECONOMY:

Halyk Bank to issue 10-year Eurobonds (SRI)

National Bank of Kazakhstan: Exchange rates January 20, 2011 (Kazakhstan Today)

Indicators – January 19, 2011 (Reuters)

POLITICS:

Kazakh rights activists say Zhovtis parole denial linked to referendum (RFE/RL)

Former Kazakh officials on trial for ‘high treason’ (RFE/RL)

REGIONAL:

Gazprom to buy more Central Asian gas in 2011 (Reuters)

Shifting Afghan drug trade threatens Central Asia (Reuters)

Source: http://silkroadintelligencer.com/2011/01/20/kazakhstan-daily-news-roundup-january-20-2011/

Kazakhstan Daily News Roundup – July 14, 2010 0

Posted on July 14, 2010 by KazCham

news roundup

Kazakhstan Daily News Roundup – July 14, 2010

By SRI ? July 14, 2010 ? Email This Post Email This Post ? Print This Post Print This Post ? Post a comment

HEADLINES:

Kazakhstan’s new export duty to affect Tengizchevroil
(SRI) – Kazakhstan reintroduced an export duty on crude oil and petroleum products, extending it to Western-led consortia developing the Tengiz and Karachaganak oil and gas fields.

Eurasia in the global economy
(SRI) – Eurasia, the landmass bridging the traditional continents of Europe and Asia, has become a bulwark of the global economy.

Kazakhmys should face probe over government links – report
(Reuters) – Kazakh copper miner Kazakhmys should be probed by regulators for failing to reveal links with the country’s ruling elite at its listing that could clash with shareholder interests, a leading pressure group said.

BUSINESS AND ECONOMY:

National Bank of Kazakhstan: Exchange rates July 14, 2010 (Kazakhstan Today)

REGIONAL:

Top Kyrgyz officials resign (AP)

“Anatolian tigers” go where Turkey’s diplomacy leads (Reuters)

RWE says in talks with Gazprom over South Stream (Reuters)

SOURCE: http://silkroadintelligencer.com/2010/07/14/kazakhstan-daily-news-roundup-july-14-2010/



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