News Roundup

News Roundup - April 1, 2008

By SRI ⋅ April 1, 2008 ⋅

Eurasia Insight: Kazakhstan: Coup trial may have dented government’s image

Few people in Kazakhstan were sorry to see the demise of Rakhat Aliyev, who was recently convicted of conspiring to topple the administration of his former father-in-law, President Nursultan Nazarbayev. But some analysts suggest that the authorities’ handling of the Aliyev case has damaged the government’s image, both inside and outside the country…

Fox Business: Arawak announces record results for 2007

Arawak Energy Corporation, the independent oil and gas company with exploration, development and production in Kazakhstan, Russia and Azerbaijan, today announces its results for the year ended December 31, 2007…

MarketWire: Tethys Petroleum Limited: 2007 Annual Results and Operations Update

The Company, which became an independent entity following the successful IPO and listing on the Toronto Stock Exchange in June 2007, recorded a net loss and comprehensive loss of US$41.8 million for the year ended December 31, 2007 compared to a loss of US$6.9 million for the same period in 2006…

Prime Newswire: Transmeridian Exploration Reports Year End 2007 Results and Proved Reserves

Transmeridian Exploration Incorporated (AMEX:TMY) reported a net loss of $74.1 million, or $0.67 per share, on revenues of $34.0 million for the year ended December 31, 2007, as compared to a net loss of $54.3 million, or $0.58 per share, on $24.7 million revenues for the year ended December 31, 2006…

Gazeta.KZ: Kazakhstan and region importance in international issues increases in EU - state secretary

Within the European Union increases understanding of importance of Kazakhstan and Central Asia in international affairs, said Kanat Saudabayev, State secretary of Kazakhstan in the meeting with Pierre Morel, EU special representative on Central Asia, the agency reports with reference to press service of administration of Kazakh president…

Gazeta.KZ: Defense minister to represent Kazakhstan on NATO summit - CEAP in Bucharest

Kazakhstani delegation headed by Danial Akhmetov defense minister will participate ion the NATO summit and Council of Euro Atlantic Partnership (CEAP), which will take place in April 2-4, in Bucharest. Erzhan Ashikbayev, official representative of foreign ministry of Kazakhstan informed today during briefing, the agency correspondent reports…

Journal of Turkish Weekly: Central Asia Desperate for a Water Peace

Uneasy water and energy relationship between Kazakhstan and Kyrgyzstan is growing even more complicated. After years of serious consideration on economical and ecological appropriateness of the project, official Astana decided to build the Koksaray reservoir on the Syr Darya river basin…

Azerbaijan Business Center: After IFC, EBRD to acquire 10% in Aureos Central Asia Fund LLC

After International Finance Corporation (IFC), the EBRD is considering an equity investment of up to $10 million in Aureos Central Asia Fund to focus on equity and quasi-equity investments in fast growing medium-sized enterprises in Central Asia (Kazakhstan, Uzbekistan, Kyrgyz Republic, Turkmenistan and Tajikistan), Azerbaijan and Georgia…

People’s Daily: Kazakh president to join Olympic torch relay in Almaty

President of Kazakhstan Nursultan Nazarbayev will participate in Wednesday’s torch relay in Almaty, the mayor of Almaty said Monday…