Archive for May 9th, 2008

Kashagan execs meet in Kazakhstan to advance plan

Executives from a Western oil consortium developing the Kashagan field sat down for talks with Kazakh officials on Thursday to push on with the project’s new development plan, said a source close to the talks.

(more…)

News Roundup - May 9, 2008

energy:

Kashagan execs meet in Kazakhstan to advance plan

(Reuters) - Executives from a Western oil consortium developing the Kashagan field sat down for talks with Kazakh officials on Thursday to push on with the project’s new development plan, said a source close to the talks…

mineral resources:

Kazakhmys increases on speculation ENRC May make bid

(Bloomberg) - Kazakhmys Plc, Kazakhstan’s biggest copper producer, rose the most in eight weeks in London trading on speculation that Eurasian Natural Resources Corp. may bid 2,500 pence a share for the company…

ENRC buys Chinese feroalloys producer for $14.5 million

(Dow Jones/Nasdaq) - Kazakhstan’s natural resources group Eurasian Natural Resources Corp. said Thursday it has acquired a 50% stake in Xinjiang Tuoli Taihang Ferro-Alloy Co. Ltd., a Chinese ferroalloys producer…

business and economy:

Kazakhstan Kagazy full-year net profit up on higher revenues (Thomson Financial/Hemscott)

Kazakhstan Kagazy PLC summary preliminary 2007 financial results (Business Wire)

Kazakhstan introduces new measures to combat shadow economy (Asia Puls/Trading Markets)

Kazakhstan hosts international tourism fair (Asia Pulse/Yahoo! Finance)

Kazakhstan export promotion corporation and LGH team up (Interfax)

Kazakh Government charged to elaborate long-term competitive models of healthcare and education (Kazinform)

National Bank of Kazakhstan: Exchange rates May 9-12, 2008 (Kazinform)

Indicators - May 8, 2008

(Reuters) - Kazakhstan’s economic indicators based on data provided by the State Statistics Agency, government institutions, the central bank and exchanges…

politics:

Medvedev to visit Kazakhstan, China on May 22-24 (Itar-Tass)

regional news:

Caspian Basin: No way to halt sturgeon poaching

(EurasiaNet) - Momentum is building among Caspian Basin governments for a moratorium on sturgeon fishing, in order to protect the lucrative caviar trade. Informal discussions with fishermen, however, suggest that an official ban would be unlikely to halt the dangerous depletion of sturgeon stocks…

Regional News Roundup - May 9, 2008

Caspian Basin: No way to halt sturgeon poaching

(EurasiaNet) - Momentum is building among Caspian Basin governments for a moratorium on sturgeon fishing, in order to protect the lucrative caviar trade. Informal discussions with fishermen, however, suggest that an official ban would be unlikely to halt the dangerous depletion of sturgeon stocks…

Business and Economy Roundup - May 9, 2008

Air Astana - A company with a social conscience! (Easier Travel)

Kazakhstan Kagazy full-year net profit up on higher revenues (Thomson Financial/Hemscott)

Kazakhstan Kagazy PLC summary preliminary 2007 financial results (Business Wire)

Kazakhstan introduces new measures to combat shadow economy (Asia Puls/Trading Markets)

Kazakhstan hosts international tourism fair (Asia Pulse/Yahoo! Finance)

Kazakhstan export promotion corporation and LGH team up (Interfax)

Kazakh Government charged to elaborate long-term competitive models of healthcare and education (Kazinform)

National Bank of Kazakhstan: Exchange rates May 9-12, 2008 (Kazinform)

Indicators - May 8, 2008

(Reuters) - Kazakhstan’s economic indicators based on data provided by the State Statistics Agency, government institutions, the central bank and exchanges…

Mineral Resources Roundup - May 9, 2008

Kazakhmys increases on speculation ENRC May make bid

(Bloomberg) - Kazakhmys Plc, Kazakhstan’s biggest copper producer, rose the most in eight weeks in London trading on speculation that Eurasian Natural Resources Corp. may bid 2,500 pence a share for the company…

ENRC buys Chinese feroalloys producer for $14.5 million

(Dow Jones/Nasdaq) - Kazakhstan’s natural resources group Eurasian Natural Resources Corp. said Thursday it has acquired a 50% stake in Xinjiang Tuoli Taihang Ferro-Alloy Co. Ltd., a Chinese ferroalloys producer…

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