Archive for March 3rd, 2008

News Roundup - March 3, 2008

Institute for War and Peace Reporting: Kazak hospitals suffer winter drugs shortage

The Kazak government’s system for buying medicines is failing patients as new rules mean that fresh purchases can only made in the spring, while supplies run short over the winter, according to doctors…

Interfax: New EITI memorandum to welcome independent auditors

Kazakhstan plans to draft a new text of Memorandum of Understanding on Extractive Industries Transparency Initiative (EITI) by the end of the year, Minster of Energy and Mineral Resources Sauat Mynbaev said…

TREND: First report on EITI in Kazakhstan needs clarification

The first EITI report in Kazakhstan can not be considered fully corresponding to the EITI criteria, Malik Isabeyov, Chairman of NGO Coalition ‘Oil Revenues under Public Control’, briefed the media in Astana…

Kazinform: KazMunaiGaz reps took part in “Kazakhstan’s Extractive Industries Transparency Initiative” forum

President of KazMunaiGaz JSC Uzakbai Karabalin took part in the first national conference “Kazakhstan’s Extractive Industries Transparency Initiative” in Astana on Friday; Kazinform refers to the company’s press service…

Reuters: KazakhGold raises $53 mln for acquisition

KazakhGold Group Ltd, Kazakhstan’s largest gold miner, has raised $53 million through a secondary public offering (SPO) of its shares to finance the acquisition of unspecified mining assets, the company said…

Hemscott: Roxi Petroleum shareholders approve 59 pct buy of Eragon Petroleum

Roxi Petroleum PLC said its shareholders have approved the acquisition of a 59 pct stake in Eragon Petroleum PLC at its EGM held today…

Hemscott: Petrolinvest to buy stakes in two Kazakh companies, mostly in return for shares

Polish oil venture Petrolinvest has agreed to buy stakes in two geological research and exploration service companies operating in Kazakhstan for 209.5 mln zlotys paid in shares and 8 mln usd in cash, the company said today…

Reuters: Kazakhstan tweaks oil export duty draft - minister

The government of Kazakhstan has made minor adjustments to its proposed oil export duty scheme, but has not changed the volumes or the list of targeted companies, Energy Minister Sauat Mynbayev said on Friday…

Eurasia Daily Monitor: Pan-Turkism takes step forward in Eurasia

Meeting in Antalya, Turkey, the deputy parliamentary speakers of Azerbaijan, Kazakhstan, Kyrgyzstan, and Turkey have signed a protocol to create an inter-parliamentary assembly of Turkic-speaking states…

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