Archive for July 16th, 2008

Geerdink new head of ABN AMRO Kazakhstan

(SRI) - Rudi Geerdink will replace Jurgen Rigterink as Chairman of the Management Board and Country Head of ABN AMRO Bank Kazakhstan, a member of the RBS group, the bank said in a press release.

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Chevron says Kazakhstan exempted Tengizchevroil from oil export duty

Chevron Corp.’s venture in Kazakhstan said the government granted it an exemption to a new duty on oil exports more than a month before the tax came into effect.

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Kazakhstan News Roundup - July 16, 2008

energy:

Chevron says Kazakhstan exempted venture from oil export duty
(Bloomberg) - Chevron Corp.’s venture in Kazakhstan said the government granted it an exemption to a new duty on oil exports more than a month before the tax came into effect.

Kazakhstan’s flagship oil company KazMunaiGas E&P expected to significantly increase reserves and production
(SRI - Stock Market Notes) - KMG E&P, the flagship oil firm of Kazakhstan, represents a strong long term buy at the current market capitalization of $US12Bn.

Arawak Energy issues additional share on LSE (SRI)

Costs and losses rise at Max Petroleum (ShareCast)

mineral resources:

Kazakhmys says it’s not considering reverse takeover
(Bloomberg) - Kazakhmys Plc, which said yesterday it was in talks about a possible merger with an unidentified company, isn’t planning a transaction that would be classified as a reverse takeover.

Lombard: Kazakhmys and Metalloinvest (Financial Times)

Kazakhmys plans to start gold production at Bozymchak in Kyrgyzstan in 2009 (SRI)

business and economy:

Kazakhstan’s Astana Motors plans IPO in 2009
(SRI) - Astana Motors, part of the Astana Group holding, is preparing for an initial public offering in 2009.

Kazakhstan’s real estate market in danger of collapse
(SRI) - The real estate market in Kazakhstan is in danger of a collapse as unemployment grows and inflation reduces the purchasing power of the population.

Kazakh fixed capital investment up more than 12 percent in H1 (SRI)

ATF Bank raised $100 million (SRI)

National Bank of Kazakhstan: Exchange rates July 16, 2008 (Kazinform)

politics:

Kazakhstan hosts OSCE parliamentary assembly
(Eurasia Daily Monitor) - The 17th session of the OSCE Parliamentary Assembly hosted by Kazakhstan in Astana is generally seen as a diplomatic victory for Kazakhstan on its uphill way to political recognition by the Western world.

Presidents of UAE and Kazakhstan hold talks (Gulf News)

society:

Kazakhstan churches say draft law is reminder of Soviet era (Ecumenical News International)

regional news:

Turkmenistan: Gas pipeline with Kazakhstan, Russia is top priority
(Kommersant) - Turkmenistan has declared top priority the project of Turkmenistan-Kazakhstan-Russia gas pipeline and announced the launch of its actual implementation.

Turkmenistan to launch Russia gas pipeline in 2010 (Reuters)

Medvedev patiently courting Central Asian leaders (Eurasia Daily Monitor)

Society News Roundup - July 16, 2008

Kazakhstan churches say draft law is reminder of Soviet era (Ecumenical News International)

Kazakhstan Politics Roundup - July 16, 2008

Kazakhstan hosts OSCE parliamentary assembly
(Eurasia Daily Monitor) - The 17th session of the OSCE Parliamentary Assembly hosted by Kazakhstan in Astana is generally seen as a diplomatic victory for Kazakhstan on its uphill way to political recognition by the Western world.

Presidents of UAE and Kazakhstan hold talks (Gulf News)

Kazakhstan Business and Economy Roundup - July 16, 2008

Kazakh fixed capital investment up more than 12 percent in H1 (SRI)

ATF Bank raised $100 million (SRI)

National Bank of Kazakhstan: Exchange rates July 16, 2008 (Kazinform)

Kazakhstan Mineral Resources Roundup - July 16, 2008

Kazakhmys says it’s not considering reverse takeover
(Bloomberg) - Kazakhmys Plc, which said yesterday it was in talks about a possible merger with an unidentified company, isn’t planning a transaction that would be classified as a reverse takeover.

Lombard: Kazakhmys and Metalloinvest (Financial Times)

Kazakhmys plans to start gold production at Bozymchak in Kyrgyzstan in 2009 (SRI)

Kazakhstan Energy Roundup - July 16, 2008

Chevron says Kazakhstan exempted venture from oil export duty
(Bloomberg) - Chevron Corp.’s venture in Kazakhstan said the government granted it an exemption to a new duty on oil exports more than a month before the tax came into effect.

Arawak Energy issues additional share on LSE (SRI)

Costs and losses rise at Max Petroleum (ShareCast)

Kazakhstan Regional News Roundup - July 16, 2008

Turkmenistan: Gas pipeline with Kazakhstan, Russia is top priority
(Kommersant) - Turkmenistan has declared top priority the project of Turkmenistan-Kazakhstan-Russia gas pipeline and announced the launch of its actual implementation.

Turkmenistan to launch Russia gas pipeline in 2010 (Reuters)

Medvedev patiently courting Central Asian leaders (Eurasia Daily Monitor)

ANALYSIS: Kazakhstan’s flagship oil company KazMunaiGas E&P expected to significantly increase reserves and production

KMG E&P, the flagship oil firm of Kazakhstan, represents a strong long term buy at the current market capitalization of $US12Bn.

(more…)


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