Kazakhstan Chamber of Commerce in the USA

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Kazakhstan Daily News Roundup – November 10, 2011 0

Posted on November 10, 2011 by Alex

Kazakhstan Daily News Roundup – August 1, 2011 0

Posted on July 31, 2011 by KazCham

Kazakhstan Daily News Roundup – July 18, 2011 0

Posted on July 17, 2011 by KazCham

ENERGY:

Joint commission to try resolve strike at Karazhanbasmunai
(SRI) – Local authorities, and representatives of KazMunaiGas Exploration and Production (KMG EP), trade unions and striking workers have agreed to form a working commission to resolve the strike at the Karazhanbasmunai oil facility, the Kazakhstan-Novosti news agency last week.

KMG EP to fold NBK subsidiary into own operations
(SRI) – KazMunaiGas Exploration Production (KMG EP) plans to formally fold its NBK subsidiary into its operations, pending approval by KMG EP’s shareholders on August 15, the Kazakh oil producer said in a statement last week.

Kazakh authorities initiate admin proceedings against gasoline retailer (SRI)

First phase of Ekibastuz GRES-2 upgrade to cost $58 million (SRI)

Oil exports and revenues up in Jan-May (SRI)

Jupiter Energy extends Kazakhstan permit area (Proactive Investors)

BUSINESS AND ECONOMY:

Second wave of privatization via “people’s IPO” necessary – PM (SRI)

Kazakhstan will not stop using tenge – PM (Interfax)

Indicators – July 15, 2011 (Reuters)

METALS AND MINING:

KazakhGold shareholders approve Polyus Gold reverse takeover (SRI)

Kazakh H1 copper output declines, zinc up (Reuters)

POLITICS AND SECURITY:

Kazakhstan has no plans to cede land to China – PM (SRI)

SOCIETY:

After Borat, Kazakhstan’s cinema dreams (BusinessWeek)

Kazakhstan will not impose hijab restrictions – PM (Interfax)

SOURCE: http://kazcham.com/wp-admin/post-new.php

 

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 – August 19, 2010 0

Posted on August 19, 2010 by KazCham

HEADLINES:

Kazakhstan reasserts control over big energy projects
(bne) – On the heels of news that KazMunaiGas has signed off on the deal to increase its stake in the Kashagan project come reports Kazakhstan is close to striking a deal over the Karachaganak venture, under which the international consortium developing it would avoid export duties in return for handing over a stake.

Kazakhmys says copper output flat until 2014
(Reuters) – Declining ore grades will keep copper production by Kazakhmys in check until 2014, beyond which the Kazakh miner plans to boost output by as much as 60 percent by bringing several major projects on stream.

ENRC earnings up 63%, cautious on outlook
(Reuters) – Kazakh miner ENRC posted on Wednesday a 63 percent rise in first-half earnings per share on higher output and prices but was wary about commodity prices in the second half.

ENERGY:

Alhambra begins drilling at Kerbay (Marketwire)

Jupiter Energy underpins future growth with strategic investor (Proactive Investors)

BUSINESS AND ECONOMY:

Kazakhstan, Belarus do not join Russia grain export ban (Reuters)

European property and Kazakh wealth (Financial Times Blog)

Kazakhstan to export 6 million tonnes of grains (AgriMarket.Info)

Grain production to total 15.4 million tonnes in bunker weight (AgriMarket.Info)

Baltika-Almaty closes merger with Derbes Breweries in Kazakhstan (Food Industry News)

National Bank of Kazakhstan: Exchange rates August 18, 2010 (Kazakhstan Today)

METALS AND MINING:

Sunkar first-half loss narrows 24% (SRI)

POLITICS:

Nazarbayev adored as Kazakhs eye Kyrgyz strife with suspicion (EurasiaNet)

Nazarbayev proposes to establish a committee for migration policy and reform investigation authorities (Interfax)

Kazakh president signs decree on reformation of law-enforcement system (Interfax)

SOCIETY:

Well-known Kazakh businessman missing (RFE/RL)

Kazakhstan’s scrum queens (EurasiaNet)

SOURCE: http://silkroadintelligencer.com/2010/08/19/kazakhstan-daily-news-roundup-august-18-2010/



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