news roundup

News Roundup - May 12, 2008

energy:

What is going on with pre-Caspian gas pipeline?

A year ago, on May 12, in Turkmenbashi town a declaration on the pre-Caspian project was signed. The document endorsed by presidents of Russia, Kazakhstan and Turkmenistan assumed a construction of the pre-Caspian gas pipeline (to run along the Caspian Sea coastline through the territories of Turkmenistan and Kazakhstan alone)…

Will no one have sympathy for a fallen middleman? (The Oil and the Glory)

West Siberian Resources: Proposals by the nominating committee (Business Wire)

mineral resources:

Billionaire hires Credit Suisse to list ‘cursed’ Kazakhstan gold mine

(Independent) - Robert Friedland, the Canadian billionaire, has appointed three banks led by Credit Suisse to organise a London and Toronto float for a Kazakhstan gold mine known in the City as “the curse” in London and Toronto…

Kazakhmys dismisses ‘derisory’ £7bn offer

(Financial Times) - Kazakh copper miner Kazakhmys yesterday rejected a £7bn takeover indicative offer from rival and compatriot Eurasian Natural Resources Corporation, saying the offer was “derisory and ill-considered”…

Kazakhmys rejects 7.1 billion-pound offer from ENRC (Bloomberg)

European Minerals Corporation: Additional Resources - Varvarinskoye (marketwire/Yahoo! Finance)

Lero Gold Corp. results for the period December 31, 2007 (Business Wire)

business and economy:

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

politics:

Premier begins energy diplomacy in Central Asia

(Korea Times) - Prime Minister Han Seung-soo began a trip to Central Asian nations Sunday in a bid to secure energy and natural resources…

society:

Japan hammer Kazakhstan in Asian Five Nations

Japan continued their unbeaten run in the Asian 5 Nations rugby tournament with a convincing 82-6 away win over Kazakhstan here yesterday…

regional news:

Remember Andijan?

(International Herald Tribune) - It took the West just three short years to drop its concern for the victims of the Andijan massacre in Uzbekistan and once again to start cozying up to the regime that murdered them. As an eyewitness to those events, I do not have the luxury of being able to forget…

Analysis: China faces tanker shortage

(UPI) - Driving China’s pipeline strategy of seeking agreement with Russia and Central Asian states for transmission of oil and natural gas is a potential shortage beyond the energy issues so prominent in the media…

As Gazprom’s chairman moves up, so does Russia’s most powerful company

(International Herald Tribune) - On a frigid evening in February, the hottest place to be here was the Kremlin Palace theater. The draw inside the towering hall wasn’t Tina Turner or Deep Purple — rock icons well past their prime — but Gazprom, Russia’s most powerful corporate leviathan, which was celebrating its 15th anniversary…

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