news roundup
News Roundup - April 25, 2008
energy:
Kazakhstan joining Baku-Tbilisi-Ceyhan oil pipeline project
(Itar-Tass) - Kazakhstan is close to the completion of the legal registration of documents on joining the Baku-Tbilisi-Ceyhan oil pipeline…
Agip lets design contract for fourth Kashagan gas train
(Oil & Gas Journal) - Kazakhstan North Caspian Operating Co. (Agip KCO) has awarded a $105 million contract, with a $10 million additional option, to UK-based Petrofac Ltd. for design and procurement of a fourth sales gas compressor train in Kashagan’s gas and LPG plant in Kazakhstan…
Tethys signs MOU for the Rostoshinskoe field
(Rigzone) - Tethys Petroleum Limited announced that it’s wholly owned subsidiary, Tethys Europa B.V. signed a Memorandum of Understanding (MOU) with Halyk Finance on behalf of Closed Mutual Investment Fund Halyk Perspectiva concerning the Rostoshinskoe gas discovery in Kazakhstan…
Arawak Energy Limited - Appointment of JPMorgan Cazenove
(CNW Group/Yahoo! Finance) - Arawak Energy Limitedhas appointed JPMorgan Cazenove Limited to advise the company in relation to a potential additional listing of its common shares on the main market of the London Stock Exchange…
Arawak announces appointment of Alan Duncan MP to the Board of Direcors (CNW Group/Yahoo! Finance)
business and economy:
Concept of a new Tax Code is almost ready
(Interfax) - A working group chaired by Kazakh Vice Minister Yerbol Orynbaev has completed discussions of a concept for a new Tax Code of Kazakhstan…
Economy of Kazakhstan overcame only the first wave of crisis - Karagusova
(Kazakhstan Today/Gazeta.kz) - Economy of Kazakhstan overcame only the first wave of crisis, correction of economy may be prolonged for 3-4 more years, considers the chairman of committee on economy, finances and budget of the mazhilis, Gulzhan Karagusova…
(Air Cargo News) - AERFLOT Cargo has launched a new weekly DC10 freighter service from Frankfurt Hahn to Almaty, Kazakhstan via Moscow…
Kazakh Leader gave instructions to regulatory bodies (Kazinform)
India to restore tea export status in Kazakhstan market (Kazinform)
World financial crisis jeopardized many countries’ credit and financial systems: President (Kazinform)
Kazakh businessmen drawing experience from Austrian colleagues (Kazinform)
Indicators - Kazakhstan - April 24
(Reuters) - Kazakhstan’s economic indicators based on data provided by the State Statistics Agency, government institutions, the central bank and exchanges…
politics:
Nazarbaev speaks for new architecture of global security
Interfax) - President of Kazakhstan Nursultan Nazarbaev believes that the world community needs “a new architecture of the global security, based on the principals of transparence, dialog and trust.”
Kazakh parliament ratifies UN nuclear terrorism convention (Kazinform)
Political dialogue of Kazakhstan and Europe develops positively - Nazarbayev (Kazakhstan Today/Gazeta.kz)
Treaty on Kazakh-Kyrgyz state border ratified (Kazinform)
society:
Media hotshots gather in Kazakhstan
(Russia Today) - Major players from the world of modern-day TV, radio and the press are meeting in the Kazakh capital, Almaty…
Journalists must realize power of their word - Nazarbayev (Kazakhstan Today/Gazeta.kz)
European Union helps to protect rights of children (Kazinform)
Almaty, Astana to host Days of Turkmenistan’s Culture (Kazinform)
other news:
Russia investigates off-course space landing
(Reuters) - Russia has launched an investigation into why a manned space capsule returned to earth hundreds of kilometers (miles) off course…
Zenit carrier rocket launch postponed again - Roscosmos
(RIA Novosti) - The launch of a modified Zenit carrier rocket with an Israeli communications satellite on board from the Baikonur space center in Kazakhstan has been postponed again…
(Strategy Page) - Russia building a new satellite launch center in the Far East, in Amur Province, just north of Manchuria. This will replace the Central Asian space port at Baikonur…
regional news:
BG holds contacts with Turkmenistan on oil, gas blocks
(Dow Jones Newswire/Rigzone) - BG Group PLC (BG.LN) has held contacts with Turkmenistan to enter oil or gas blocks in the newly opened Central Asian nation…
DJ INTERVIEW: Eurasian Devt Bank looks to loan mkt for funding
(Dow Jones/Prime Tass) - The Eurasian Development Bank is looking to tap the loans market after plans for a debut eurobond have been put on hold due to unfavorable market conditions, the chairman of the bank’s executive board told Dow Jones Newswires in an interview…
analysis:
Interdependence in gas sector on Eurasian area: Actors and their roles
(Journal of Turkish Weekly) - After the discovery of Shahdeniz gas field in the Caspian Sea in 1999, Azerbaijan t turned into a gas power overnigh. This event becomes more important, especially at a time when Russia was using its gas advantage in exerting pressure on her neighbors…
The European Union looks to Central Asia for energy
(CACI Analyst) - Turkmenistan’s President Gurbanguly Berdymukhammedov recently signed a Memorandum of Understanding with the EU’s External Relations Commissioner, Benita Ferrero-Waldner, during the trip of a very high-level EU delegation to Central Asia, providing for the export of natural gas from Turkmenistan to the EU but not specifying a route, which is nevertheless understood not to cross Russia…
Labor migration and its potential consequences for Central Asia
(CACI Analyst) - Central Asia was a place of forced exile during the Soviet Era. Now, labor migrants are moving by their free choice to earn their livelihoods. While Kazakhstan is a major recipient, migrants from the poor neighboring countries of Kyrgyzstan, Tajikistan, and Uzbekistan seek livelihoods on construction sites, tobacco and cotton fields there and in Russia…
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