Kazakhstan Chamber of Commerce in the USA

KazCham



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)

 



↑ Top