Archive for July 21st, 2008

Kazakhstan News Roundup - July 21, 2008

energy:

KazMunaiGas EP increases oil production by 20 percent in H1
(SRI) - In the first six months of 2008, KazMunaiGas (KMG) produced 5.9 million tons of crude oil, a 19.4 percent increase to the first half of 2007.

Kazakhstan may increase crude export duties
(SRI) - Kazakhstan may increase crude export duties to stabilize the prices on the domestic market of oil products.

Gazprom Neft confirms interest in majority stake in MangistauMunaiGas (SRI)

Kazakh KMG E&P plans 20 pct wage increase (Reuters)

Kazakh PM met with Kashagan consortium reps (Kazinform)

mineral resources:

Kazakhmys PLC has announced the release of over 450 million ordinary shares (CaspioNet)

business and economy:

EBRD loans USD 60 million to Caspian Bank
(SRI) - The European Bank for Reconstruction and Development (EBRD) made a 5-year $60 million loan to Caspian Bank.

Eurasian Dev Bank ups loan to $300 mln
(Reuters) - Eurasian Development Bank has increased its two-year syndicated loan to $300 million from $125 million after the deal closed oversubscribed.

ATF Bank will change its name to UniCredit Bank (SRI)

Kazakhstan artillery systems procurement in 2008 - serial production in PZTM
(www.defsec.info) - With Israeli defence industry (IMI, Soltam, Elbit) help, Kazakhstan manufactures and supplies its army with three modern artillery systems, slated for production in Petropavlovsk PZTM.

Kazakhstan to allocate from state budget more than 1.3 trillion KZT to develop transport industry (Kazakhstan Today)

Kazakhstan plans to increase volumes of transit cargo transportations through its territory by 33 percent (Kazakhstan Today)

Kazyna Fund to participate in new investment projects (Kazinform)

PM held sitting on establishment of grain stabilization funds and provision of agricultural producers with fuel (Kazinform)

Kazakhstan: agiotage demand for wheat is not expected (AgriMarket.info)

Kazakhstan: the development and expansion of hazardous for agriculture organisms is expected at 5.1 mln ha of lands (AgriMarket.info)

Government sets ceiling loan rate at 12.5% p.a. within the SME support program (Interfax)

Indicators - July 18, 2008 (Reuters)

society:

Central Asian films to be focus of Eurasia fest (Today’s Zaman)

regional news:

EU’s Central Asia partnership, one year on
(ISN Security Watch) - The one-year anniversary of the EU’s Partnership Strategy with Central Asia gets off to a slow start but is not without potential.

comment:

Kashagan project delays serve Russian interests
(Eurasia Daily Monitor) - Russia has never ceased its attempts to regain control over Azeri and Kazakh hydrocarbons and reassert its weakening position in the Caspian region using all imaginable means for this purpose.

ATF Bank will change its name to UniCredit Bank

(SRI) - Kazakh ATF Bank will be renamed to UniCredit Bank, according to an executive of the Italian banking group.

(more…)

Kazakhstan Comment Roundup - July 21, 2008

Kashagan project delays serve Russian interests
(Eurasia Daily Monitor) - Russia has never ceased its attempts to regain control over Azeri and Kazakh hydrocarbons and reassert its weakening position in the Caspian region using all imaginable means for this purpose.

Kazakhstan Society Roundup - July 21, 2008

Central Asian films to be focus of Eurasia fest (Today’s Zaman)

Kazakhstan Business and Economy Roundup - July 21, 2008

EBRD loans USD 60 million to Caspian Bank
(SRI) - The European Bank for Reconstruction and Development (EBRD) made a 5-year $60 million loan to Caspian Bank.

Eurasian Dev Bank ups loan to $300 mln
(Reuters) - Eurasian Development Bank has increased its two-year syndicated loan to $300 million from $125 million after the deal closed oversubscribed.

ATF Bank will change its name to UniCredit Bank (SRI)

Kazakhstan artillery systems procurement in 2008 - serial production in PZTM
(www.defsec.info) - With Israeli defence industry (IMI, Soltam, Elbit) help, Kazakhstan manufactures and supplies its army with three modern artillery systems, slated for production in Petropavlovsk PZTM.

Kazakhstan to allocate from state budget more than 1.3 trillion KZT to develop transport industry (Kazakhstan Today)

Kazakhstan plans to increase volumes of transit cargo transportations through its territory by 33 percent (Kazakhstan Today)

Kazyna Fund to participate in new investment projects (Kazinform)

PM held sitting on establishment of grain stabilization funds and provision of agricultural producers with fuel (Kazinform)

Kazakhstan: agiotage demand for wheat is not expected (AgriMarket.info)

Kazakhstan: the development and expansion of hazardous for agriculture organisms is expected at 5.1 mln ha of lands (AgriMarket.info)

Government sets ceiling loan rate at 12.5% p.a. within the SME support program (Interfax)

Indicators - July 18, 2008 (Reuters)

Kazakhstan Mineral Resources Roundup - July 21, 2008

Kazakhmys PLC has announced the release of over 450 million ordinary shares (CaspioNet)

Kazakhstan Energy Roundup - July 21, 2008

KazMunaiGas EP increases oil production by 20 percent in H1 (SRI)

Kazakhstan may increase crude export duties (SRI)

Gazprom Neft confirms interest in majority stake in MangistauMunaiGas (SRI)

Kazakh KMG E&P plans 20 pct wage increase (Reuters)

Kazakh PM met with Kashagan consortium reps (Kazinform)

Kazakhstan Regional News Roundup - July 21, 2008

EU’s Central Asia partnership, one year on
(ISN Security Watch) - The one-year anniversary of the EU’s Partnership Strategy with Central Asia gets off to a slow start but is not without potential.


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