Kazakhstan Chamber of Commerce in the USA

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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 – August 24, 2010 0

Posted on August 24, 2010 by KazCham

HEADLINES:

Kazakhstan first in, first out
(bne) – Predictions that Kazakhstan would be first in, first out of the crisis have proved to be not far from the truth. The rise in commodity prices over the last year has boosted the natural resources sector, which has in turn dragged the rest of the economy, including the banking sector, along with it.

PetroKazakhstan and Lukoil end ownership dispute over Kazakh oil field
(SRI) – Russian Lukoil signed an agreement with PetroKazakhstan, a Kazakh-Chinese joint venture, that will pay the Russian oil company about $438 million in damages to bring an end to a prolonged ownership dispute over the Kazakh Turgai Petroleum oil venture.

Kazakhstan ready to increase grain exports to drought-stricken Russia
(SRI) – Kazakhstan is ready to supply up to 2 million tonnes of grain to Russia this season, about 25% of its total exports, as Russia may face shortage caused by prolonged heat wave and draught, Reuters reported last week.

ENERGY:

KMG EP first-half income falls 22% on forex (SRI)

KazMunaiGas said to plan joint exploration venture with BG in North Sea (Bloomberg)

Tax police to complete KPO tax probe in two weeks (Interfax)

Tethys Petroleum: Kazakhstan Kul-Bas exploration period extended (Marketwire)

BUSINESS AND ECONOMY:

Kazakhstan pushes Islamic finance post-crisis (Reuters)

BTA issues shares as part of restructuring (SRI)

ATF reports losses in January – July (SRI)

Financial police probing alleged misappropriation of KZT58.7 million at Almaty Airport (Interfax)

Kazakhstan to build new crop-duster aircraft (RIA Novosti)

National Bank of Kazakhstan: Exchange rates August 24, 2010 (Kazakhstan Today)

METALS AND MINING:

ENRC buys into disputed Congo project (Financial Times)

Alhambra, John Komarnicki and Hillcrest Investments announce conversion of secured debentures into shares (Marketwire)

Alhambra closes $4.6-million first tranche of $6.0-million equity financing (Marketwire)

POLITICS:

Ablyazov asylum case could lead to rift with Kazakhstan (Telegraph)

REGIONAL:

Tajik borders tightened after deadly jailbreak (AFP)

Southern Kyrgyz mayor challenges government authority (AP)

Azerbaijan Supreme Court rejects bloggers’ appeal – lawyer (AFP)

SOURCE: http://silkroadintelligencer.com/2010/08/24/kazakhstan-daily-news-roundup-august-24-2010/



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