Archive for April 17th, 2008
News Roundup - April 17, 2008
energy:
China, Kazakhstan to partner on oil, gas
(UPI) - As part of a wider energy sector cooperation plan between the two, they will reportedly be negotiating over the Darhan Block and have agreed to create favorable conditions to construct a natural gas pipeline by the end of 2009…
Astana to host Kazakhstan’s oil and gas week in September
(Kazinform) - Kazakhstan’s oil and gas week will be held in Astana on September 4-5, 2008…
Transmeridian exploration to seek additional capital
(Prime Newswire) - Transmeridian it is seeking to raise additional capital with which to further develop its primary asset, the South Alibek field in western Kazakhstan…
Shell to invest USD8 million within three years to water supplying in Mangistau oblast (Kazakhstan Today)
Kazakh Minister, BG Group reps met (Kazinform)
business and investment:
Grain export ban stokes inflation fears elsewhere in Central Asia
(EurasiaNet) - Kazakhstan has slapped a ban on wheat exports in a bid to stem domestic inflation and stave off a repeat of last year’s bread shortages, which caused widespread dissatisfaction. While possibly fostering greater tranquility in Kazakhstan, Astana’s decision could have a destabilizing impact on the rest of Central Asia…
Change in export policy of Kazakhstan may cause rise in price of bread in Azerbaijan: expert (TREND)
Kazakh wheat ban hits some neighbors harder than others (Radio Free Europe/Radio Liberty)
Halyk Bank places $500 mln benchmark eurobond issue
(Thomson Financial) - The bond offering was priced at 98.948 percent to yield 9.5 percent per year…
Kazakh bank to borrow $1.2 bln despite credit woes
(Reuters) - Kazakhstan’s Halyk Bank plans to borrow up to $1.2 billion this year on the global debt markets, its chief executive said on Wednesday, dismissing fears surrounding a global liquidity squeeze…
Nokian JV to build $270 mln Kazakh tyre plant
(Reuters) - A joint venture between Finnish tyre maker Nokian and Kazakh company Ordabasy will build a tyre plant in the Central Asian state by 2009, an Ordabasy executive told Reuters late on Tuesday…
Kazakh Forex Reserves +$517.7M To $19.78B In 2 Wks To Apr 15 (Thomson Financial)
Damu Fund plans to give 5bl tenge for development of microcredit organizations (Interfax)
Second Caspian investment forum kicked off today in Aktau (Kazakhstan Today)
Indicators - Kazakhstan - April 16
(Reuters) - Kazakhstan’s economic indicators based on data provided by the State Statistics Agency, government institutions, the central bank and exchanges…
politics:
Kazakhstan and China: Relations strengthened further
(Kazinform) - On April 9-12, 2008 Prime Minister of Kazakhstan Karim Massimov paid an official visit to China upon invitation Chinese State Council Premier Wen Jiabao…
Kyrgyz Leader to visit Kazakhstan
(Kazinform) - President of Kyrgyzstan Kurmanbek Bakiyev is to pay an official visit to Kazakhstan on April 17-18…
President Nazarbaev met with Kazakh officials
(Interfax) - President of Kazakhstan Nursultan Nazarbaev met with Kanat Bozumnaev, the CEO of Samruk Holdings…
Economy Minister met with his German counterpart (Kazinform)
Several interdepartmental protocols signed within Kazakh delegation’s visit to Afghanistan (Kazinform)
society:
Five killed, 15 injured in traffic accident in Kazakhstan (RIA Novosti)
regional news:
Iran may have to wait on SCO membership
(UPI) - Iran’s bid to join the Shanghai Cooperation Organization depends on whether the Euro-Asian alliance decides to expand, its leader said Tuesday…
Russia, Iran will continue to observe Soviet-era Caspian treaty
(RIA Novosti) - Russia will stick to the 1921 and 1940 treaties with Iran on the Caspian Sea until a new convention on the sea’s status is adopted…
analysis:
(Farm Industry News) - In a country halfway around the world, wheat harvest is under way. Enormous fields meander along a rolling farm landscape that stretches for miles. Flat-topped hills sit in the distance, highlighting why this area is called the steppe region of central Asia. It is part of a country called Kazakhstan…
