Kazakhstan Chamber of Commerce in the USA


Kazakhstan Launches Metro 0

Posted on December 09, 2011 by Alex

Reuters, Dec 5, 2011

ALMATY — Kazakhstan launched the first metro system built in Central Asia since the collapse of the Soviet Union, a $1.1 billion project in its earthquake-prone commercial capital Almaty.

President Nursultan Nazarbayev, who has run his vast steppe country since before independence 20 years ago, was among the first to ride the underground line across the center of Kazakhstan’s largest city, home to 1.5 million people.

“The stations are a work of art,” he told construction workers and reporters inside the marble and granite-clad metro at the opening late last week.

“All safety measures have been taken here against any earthquakes and other emergencies,” he added.

A powerful earthquake almost obliterated the city — then called Verny — in 1887 and a strong, 5.4-magnitute earthquake rocked Almaty’s houses and shook windows in May this year, leaving no damage or casualties.

“I will use [the metro],” said Zulfia, a 54-year-old Almaty resident among the first passengers. “It’s scary, but what can I do? Things happen up there on the ground as well.”

Nazarbayev, who brooks no opposition in his oil-producing nation of 16.6 million, has put in place market reforms that have helped Kazakhstan’s economy become the largest in Central Asia. Construction of the metro was funded wholly by the state.

The Almaty metro project began in 1988 on the orders of the Kremlin, when the population of Kazakhstan’s then-capital surpassed the 1-million threshold that demanded a Soviet city be awarded an underground system.

The collapse of the Soviet Union in 1991 halted work, leaving the metro in Tashkent, capital of next-door Uzbekistan, as the only underground rapid-transit system in vast and resource-rich Central Asia.

After being frozen throughout most of the 1990s, the project resumed in stages during the last decade.

The 8.6-kilometer first line has seven stations, reinforced by pillars and roof supports to withstand earthquake tremors.

Moscow has the oldest and longest metro in the former Soviet Union. St. Petersburg and several other Russian cities also run Soviet-era metro systems, as well as several other major former Soviet cities, including Kiev, Minsk, Baku, Yerevan and Tbilisi.

Read more: http://www.themoscowtimes.com/business/article/kazakhstan-launches-metro/449287.html#ixzz1ffUlWOfQ

The Moscow Times

SOURCE: http://www.kazakhembus.com/index.php?mact=News,cntnt01,detail,0&cntnt01articleid=807&cntnt01origid=15&cntnt01returnid=201

Governor Calls Russia, Kazakhstan trip a success 0

Posted on November 03, 2011 by Alex

HPJ, Oct 24, 2011

Kansas — Kansas Gov. Sam Brownback, Kansas Secretary of Agriculture Dale Rodman and beef producers from across the state are returning to Kansas from a 12-day trade mission to Russia and Kazakhstan. The tour focused on growing the market for Kansas beef genetics and agriculture products.

“This trip was a great opportunity to show other parts of the world what the Kansas cattle industry has to offer,” Brownback said. “It was a successful trip that will prove to be very beneficial to the Kansas economy.”

While in Russia, the group met with Russian Agriculture Minister Yelena Skrynnik, attended the Golden Autumn Livestock Exposition, visited with Russian beef producers about U.S. beef genetics and toured farms/ranches in the Tyumen region to see first-hand what Russian beef production looks like.

The delegation also traveled to Astana, Kazakhstan for meetings about increasing agricultural exports from Kansas to Kazakhstan. Kazakhstan is in the process of building the animal agriculture sector of their economy. In the last few years, they have been imported live registered Angus and Hereford cattle as seed stock to rebuild their animal herds. Most of these animals are being air freighted from the United States.

While in Kazakhstan, the group met with about 15 producers during a roundtable discussion hosted by the Kazakhstan Ministry of Agriculture. In addition, discussions regarding how Kansas and Kazakhstan can strengthen trade of livestock genetics, animal health products, feed ingredients and agricultural equipment were had with the Kazakhstan president, Kazakhstan state secretary, Kazakhstan first deputy prime minister and Kazakhstan minister of agriculture.

The Ambassador of Kazakhstan has been directed to work with the Kansas Department of Agriculture to determine an action plan for increasing Kansas/Kazakhstan trade relations regarding agriculture.

“We’ve had great visits to Russia and Kazakhstan including productive conversations about expanding agriculture trade to these countries with high-level officials,” Rodman said. “Additionally, the opportunity to visit ranches has furthered our understanding of how Kansas can best serve the beef industry in these countries through livestock genetics, equipment and feed ingredients.”

This trip follows two Kansas Department of Commerce trips to Russia on behalf of Kansas ranchers in 2010. This is the state of Kansas’ first trade mission trip to Kazakhstan in recent years.

This mission trip was made possible by U.S. Department of Agriculture Market Access Program funding through U.S. Livestock Genetic Export. To learn more about USLGE and Market Access Program funding, visit www.uslge.org.

SOURCE: http://www.kazakhembus.com/index.php?mact=News,cntnt01,detail,0&cntnt01articleid=784&cntnt01origid=15&cntnt01returnid=201

Russia’s relations with Kazakhstan reach apogee – Medvedev 0

Posted on July 08, 2010 by KazCham


ASTANA, July 5 (Itar-Tass) – The relations between Russia and Kazakhstan have reached the apogee, President Dmitry Medvedev said Monday. “These contacts are being built on a practical principle – they are very strong relations of friendship, brotherhood, practical and pragmatic and have very good prospects,” Medvedev said at a meeting with Nursultan Nazarbayev. “Concrete relations between regions, rather than huge, abstract project, account for the bulk of mutual trade,” Medvedev stressed.

For his part, Nazarbayev said he believes in good prospects for cooperation with the Russian Skolkovo innovation centre and pins hopes on the first ever international university, opened in Kazakhstan a few days ago, that has scientific centers for anti-age and artificial implants research.

In a separate statement, Medvedev confirmed that Russia supports the establishment of common currency space on the territory of the Customs Union (Russia, Belarus, Kazakhstan). The Russian leader congratulated Nazarbayev on enactment of the Customs Code. “The goal we had long pursued has been attained and we have practically reached a very high level of integration,” he said.

“In the future it will be a common market in essence, and I believe that in the long run it will be a basis for common monetary space. This is what we have been calling for and what Russia ardently supports,” Medvedev said.

Join us for a Webinar on June 10 “Kazakhstan and the Customs Union with Russia and Belarus” 0

Posted on May 24, 2010 by Sergey Sek

Space is limited.
Reserve your Webinar seat now at: https://www1.gotomeeting.com/register/505667832

What will the new customs union bring for business in Kazakhstan?

There have been a number of grand political pronouncements in the region regarding the new customs union between Kazakhstan, Russia, and Belarus, but what will it mean on a day-to-day level for business in Kazakhstan and the region in general? What are the practical consequences of the customs union and how will they affect companies operating in or exporting to Kazakhstan?

Join us for this unique event organized by AmLaw Group and Grata Law Firm with the support of the Kazakhstan Chamber of Commerce in New York for up-to-date information on the transition to the new customs union and the regulatory impact it will have on your business in the region.

Title: Kazakhstan and the Customs Union with Russia and Belarus: New Challenges or Opportunities?

Date: Thursday, June 10, 2010

Time: 1:00 PM – 2:00 PM EDT

After registering you will receive a confirmation email containing information about joining the Webinar.

Russian energy projects in Kazakhstan’s oil and gas sector 0

Posted on May 17, 2010 by KazCham

(SRI) – Russian oil and gas companies have begun to expand into Kazakhstan in late 1990s, as they started to implement strategic plans to grow production capacity beyond Russia’s borders.

Russian companies, most prominently LUKOil, Rosneft, and Gazprom, are participating or planning to take part in at least eighteen major oil and has projects. They include participation in two of Kazakhstan’s largest projects, Tengizchevroil and Karachaganak, in both of which Lukoil is a shareholder.

Rosneft and Lukoil have been active in exploration work on prospective areas Kurmangazy and Zhambai, which contain up to 1.8 billion and 6.5 billion crude oil equivalent, respectively. Gazprom and Lukoil also participate in the development of prospective primarily gas fields Khvalynskoye, Tsentralnoye, and Imashevskoye, which could contain up more than 450 billion cubic meters of natural gas and 230 million tons of liquid hydrocarbons.

Russian investments in Kazakhstan’s oil and gas sector have been estimated at $4.5 billion, including $1.3-1.4 in direct investment. Nonetheless, Russian activities have so far been relatively limited, especially compared to Chinese companies which had consistently increased their share in Kazakhstan’s oil and gas sector.

The prospects for increasing the share of Russian companies will depend largely on whether new offshore projects, including Kurmangazy, Khvalynskoye and Tsentralnoye, will indeed prove commercially viable. Should those fields, in which Russian companies hold significant interests, fulfill their promises, Russian companies’ share in Kazakhstan’s oil production could reportedly rise to 25 percent while its share in natural gas production could exceed 50 percent.

Their combined crude oil output could reach 6-7 million tons in 2010, 10.8 million tons in 2015, and 14-36 million tons in 2020, analysts expect. Meanwhile, their combined gas production could grow from about 3 billion cubic meters (bcm) in 2010 to 3-4.5 bcm in 2015 to 9-24 bcm in 2020.

However, Russian ambitions in Kazakhstan have been hampered by the global economic crisis which had led to postponement of investment and by the growing uncertainties about the once promising fields like Kurmangazy. Kazakhstan’s portion of the Caspian Sea, once heralded as one of the world’s most promising unexplored areas, has largely fallen short of expectations, easing enthusiasm of international oil companies to engage in difficult offshore projects.

Production agreements between Kazakh and Russian companies have so far reflected this uncertainty, as high-profile projects like Kurmangazy and Khvalynskoye have been put on hold and are not functioning as originally envisioned.

Last month, Lukoil started commercial production at the Korchagin deposit in Russia’s portion of the Caspian Sea. Russian leaders expressed hope that the launch of the country’s first major Caspian offshore energy development project will help revive the drive to develop deposits in the Russian and Kazakh sector of the Caspian Sea.

SOURCE: http://silkroadintelligencer.com/2010/05/12/russian-energy-projects-in-kazakhstans-oil-and-gas-sector/

↑ Top