news roundup
News Roundup - April 24, 2008
energy:
Kazakh’s Ordabasy seeks investors, fresh capital
(Reuters) - Kazakh oil-to-machinery group Ordabasy Corporation wants to focus on its core business by selling assets to foreign investors, and plans a $500 million Eurobond next year…
Kazakhstan’s hydrocarbon expansion will need large infrastructure outlays - S&P
(Thomson Financial/Forbes) - Standard & Poor’s Ratings Services said Kazakhstan will have to make major investments to develop new fields and create the pipeline infrastructure to increase its oil and gas production and strengthen its presence in the country’s hydrocarbon sector…
Petrolinvest CEO says Kazakh deal near completion (Reuters)
mineral resources:
ArcelorMittal to invest $263 million in Kazakhstan mine safety measures
(Thomson Financial/Forbes) - ArcelorMittal said it aims to invest $263 million in 2008 to improve safety at its mines in Kazakhstan, after harsh criticism today from authorities investigating the death of 30 miners in January…
Arawak hails high production rates in Russia, Kazakhstan (Rigzone)
Hambledon Mining says Sekisovskoye resumes production after boiler replaced (Thomson Financial/Hemscott)
business and investment:
Kazakhstan Kagazy says land, warehouses valued at $361 mln at end-2007
(Thomson Financial/Interactive Investor) - Kazakhstan Kagazy Plc., the paper producer and industrial real estate company, said the market value of land and warehouse facilities owned by its subsidiaries was $361 million as at Dec. 31, 2007…
Kazakhstan and Uzbekistan plan special trade zone (Interfax)
Kazakh Audit Committee proposes World Bank’s experts to conduct a training seminar (Kazinform)
Indicators - Kazakhstan - April 23
(Reuters) - Kazakhstan’s economic indicators based on data provided by the State Statistics Agency, government institutions, the central bank and exchanges…
politics:
Kazakhstan detains Uzbek wanted on terror charges
(Reuters) - Kazakh police have detained a man wanted in neighbouring Uzbekistan on suspicion of taking part in a riot in the Uzbek town of Andizhan in 2005…
Uzbek President highlights leading role of Kazakhstan in region
(Interfax) - President of Uzbekistan Islam Karimov has highlighted that Kazakhstan can and must make a critical contribution to the stability in Central Asia…
Kazakhstan and Azerbaijan talked over perspectives of economic cooperation (Kazakhstan Today/Gazeta.kz)
EurAsEC deputy PMs to discuss customs union in Moscow (Kazinform)
Kazakh PM, Azerbaijani Economic Development Minister met (Kazinform)
Kazakh Parliament to host conference “N. Nazarbayev and future of Central Asia” (Kazinform)
society:
Media forum focuses attention on stifling journalistic environment
(EurasiaNet) - The opening of the annual Eurasian Media Forum in Kazakhstan stands to highlight a discrepancy in the government’s sweeping reform pledges and its lack of action, political analysts say…
Kazakh President opens VII Eurasian Media Forum (Kazinform)
New capital city draws attention in Kazakhstan
(Voice of America) - Kazakhstan’s new capital, Astana is not only one of the fastest growing cities in the world, but has also become a prime destination for foreign investments…
Almaty hosts II Congress of Turkic speaking countries’ social scientists (Kazinform)
other news:
Soyuz story draws ire of federal agency
(AP/The Moscow Times) - The Federal Space Agency on Wednesday denied media reports that the lives of a crew returning from the international space station were in danger during their unusually rough ride in a Soyuz capsule on the weekend…
analysis:
Energy power play: Courting Central Asia
(RGE Monitor) - Russia, China, the EU, and India are undertaking aggressive steps to secure a share of Central Asian supplies, each pushing for their own pet pipeline project…
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