Kazakhstan News Roundup - July 3, 2008 | Silk Road Intelligencer

news roundup

Kazakhstan News Roundup - July 3, 2008

By SRI ⋅ July 3, 2008 ⋅

energy:

ENI CEO says Kashagan going full steam
(Reuters) - Kazakhstan’s Kashagan oil field, which has suffered severe delays, is now going full steam, the chief executive of operator ENI said, playing down suggestions the government was holding up the project.

Tensions mire Kazakh oil potential
(UPI) - The strained relationship with energy-rich Kazakhstan and world oil giants overshadows the renewed international interest in the country’s vast reserves.

Kazakh uranium plans develop with acid plant
(World Nuclear News) - Kazakhstan’s uranium mining operations stepped forward recently with permission to ramp up the South Inkai in-situ leach mine and a new sulfuric acid plant essential for such operations.

Seeking a Caspian Sea route to export oil to Europe (AsiaNews.it)

Russia, Kazakhstan, Belarus need to negotiate energy transportation tariffs (TREND)

Tethys Petroleum Limited: Appointment of Vice President of Operations (Marketwire)

Bracewell & Giuliani represents KazMunaiGas in one of the largest-ever emerging market corporate bond offerings (BusinessWire)

mineral resources:

China Jiugang to put $4.4 bln assets into Kazakh JV
(Reuters) - Jiuquan Iron and Steel Group (Jiugang), China’s No. 16 steelmaker, plans to inject assets worth 30 billion yuan ($4.38 billion) into a joint venture with a Kazakhstan iron miner.

business and economy:

Kazakh BTA to decide on Temir Bank in 2 months
(Reuters) - BTA, one of Kazakhstan’s largest banks, will decide within the next two months whether to sell its largest subsidiary, retail-focused Kazakh Temir Bank.

Living wage increased by 19.6 % and made 12 874 KZT in June (Kazakhstan Today)

National Bank of Kazakhstan: Exchange rates July 3, 2008 (Kazinform)

Indicators - July 3, 2008
(Reuters) - Kazakhstan’s economic indicators based on data provided by the State Statistics Agency, government institutions, the central bank and exchanges.

politics:

Kazakh opposition discussed liberalization of party laws (Interfax)

Kazakhstan’s OSCE presidency in 2010 unquestionable – OSCE head (Interfax)

President Gül due in Kazakhstan (Today’s Zaman)

society:

School leads the march of globalisation
(Financial Times) - Capital Partners, a Kazakh property developer, is racing against the clock to finish building Haileybury Almaty, a British school, before the academic year begins in September.

regional news:

Russian president strives for a breakthrough moment in Caspian basin energy game
(EurasiaNet) - Russian President Dmitry Medvedev is set to embark on a potentially pivotal diplomatic tour during which he will strive to settle the contest to develop and export Caspian Basin energy in Moscow’s favor.