energy

Energy Roundup - June 16, 2008

Italy’s Eni plans to invest over $7 bln in Kazakhstan

(Interfax/redOrbit) - Italy’s Eni plans to invest over $7 billion in projects in Kazakhstan in four years, CEO of Eni Exploration and Production Division Stefano Cao has said.

Kazakhstan’s KazMunaiGas mandates three banks for benchmark bond

(Reuters) - Kazakh state oil and gas firm KazMunaygas has mandated ABN AMRO, Citi and Credit Suisse for a benchmark bond and medium term note programme, one of the three leads said on Friday.

Fitch release on KazMunaiGaz Finance Sub B.V.

(Reuters) - Fitch Ratings has today assigned KazMunaiGaz Finance Sub B.V.’s (KMG Finance Sub B.V) proposed global medium-term note programme of up to USD3bn an expected senior unsecured ‘BBB’ rating.

Kazakh paper eyes environmental damage caused by oil company

(BBC Monitoring Central Asia/redOrbit) - The Kyzyl Arda environmental protection prosecutor’s office has made an analysis of the damage inflicted on the Kenlik oil field as a result of man-made disaster.

Iran best route for Central Asian oil

(Press TV) - Kazakh President Nursultan Nazarbayev says Iran is one of the ‘best transit routes’ for Central Asian countries’ oil exports to the West.

PetroKazakhstan oil production down in Q1 2008

(Silk Road Intelligencer) - PetroKazakhstan produced 1.597 million tons (12.78 million barrels) of oil in the first quarter of 2008, down 53 thousand tons (424 thousand barrels) from the fist quarter of 2007.

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