Archive for August 22nd, 2008

ANALYSIS: Kazatomprom aims for top nuclear spot

As the nuclear industry enjoys a global revival, Kazatomprom is positioning itself to overtake Cameco as the world’s largest producer of uranium. It said in July that it expects to achieve this as early as next year, rather than in 2010 as originally planned.

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Kazakhstan News Roundup - August 22, 2008

ENERGY:

Kazakhstan considers to divert oil export route from BTC to Russia
(Hurriyet) - Kazakhstan is considering pumping its oil through Russia as an alternative to the Baku-Tbilisi-Ceyhan (BTC) pipeline due to increased security concerns over the clashes in the Caucasus.

Kazakhstan replaces state oil company CEO
(Reuters) - Kairgeldy Kabyldin, 55, until now chairman of Kazmunaigas, had taken over from Serik Burkitbayev, 50, as chief executive.

CNPC subsidiary starts drilling oil and gas wells in Kazakhstan (Interfax)

Fitch on pipeline expansions in Kazakhstan (Reuters)

MINERAL RESOURCES:

ENRC H1 profit up, sees strong H2, boosts capex
(Reuters) - Kazakh miner ENRC’s half-year profit more than doubled, and it forecast a buoyant second half, boosting shares on Thursday.

ENRC says Kazakhmys stake will not block takeovers
(Reuters) - Kazakh miner Eurasian Natural Resources Corp will keep looking for takeovers, especially in China, and this will not be made difficult by an increased stake of 25 percent held by rival Kazakhmys.

ENRC rejects rival’s board seat request (Financial Times)

ShalkiyaZinc H1 ore mined lower 15.5 pct; ore processed fell 8.8 pct (Thomson Financial - Forbes)

BUSINESS AND ECONOMY:

Kazakhstan 2008 harvest forecast: 16.5-17.5 mln tons grain (Kazinform)

Almaty to host conference on investments in Central Asia (Kazinform)

National Bank of Kazakhstan: Exchange rates August 22, 2008 (Kazinform)

Indicators - August 21, 2008 (Reuters)

POLITICS:

Centre for Military-Strategic Research opened in Kazakhstan (Kazinform)

REGIONAL:

Asia’s new ‘great game’ is all about pipelines
(Toronto Star) - The quest for control of energy resources has been dubbed the “new great game” – a rivalry for pipeline routes to access energy resources in Central Asia and the Caspian Sea.

Kazakhstan Regional News Roundup - August 22, 2008

Asia’s new ‘great game’ is all about pipelines
(Toronto Star) - The quest for control of energy resources has been dubbed the “new great game” – a rivalry for pipeline routes to access energy resources in Central Asia and the Caspian Sea.

Kazakhstan Politics Roundup - August 22, 2008

Centre for Military-Strategic Research opened in Kazakhstan (Kazinform)

Kazakhstan Business and Economy Roundup - August 22, 2008

Kazakhstan 2008 harvest forecast: 16.5-17.5 mln tons grain (Kazinform)

Almaty to host conference on investments in Central Asia (Kazinform)

National Bank of Kazakhstan: Exchange rates August 22, 2008 (Kazinform)

Indicators - August 21, 2008 (Reuters)

Kazakhstan Mineral Resources Roundup - August 22, 2008

ENRC H1 profit up, sees strong H2, boosts capex
(Reuters) - Kazakh miner ENRC’s half-year profit more than doubled, and it forecast a buoyant second half, boosting shares on Thursday.

ENRC says Kazakhmys stake will not block takeovers
(Reuters) - Kazakh miner Eurasian Natural Resources Corp will keep looking for takeovers, especially in China, and this will not be made difficult by an increased stake of 25 percent held by rival Kazakhmys.

ENRC rejects rival’s board seat request (Financial Times)

ShalkiyaZinc H1 ore mined lower 15.5 pct; ore processed fell 8.8 pct (Thomson Financial - Forbes)

Kazakhstan Energy Roundup - August 22, 2008

Kazakhstan considers to divert oil export route from BTC to Russia
(Hurriyet) - Kazakhstan is considering pumping its oil through Russia as an alternative to the Baku-Tbilisi-Ceyhan (BTC) pipeline due to increased security concerns over the clashes in the Caucasus.

Kazakhstan replaces state oil company CEO
(Reuters) - Kairgeldy Kabyldin, 55, until now chairman of Kazmunaigas, had taken over from Serik Burkitbayev, 50, as chief executive.

CNPC subsidiary starts drilling oil and gas wells in Kazakhstan (Interfax)

Fitch on pipeline expansions in Kazakhstan (Reuters)

Apologies (we are back)

Dear SRI readers,

apologies for the long dormancy of the website and newsletter.The project ran into some administrative difficulties, and for the last three weeks we were unsure if it was going to continue in any form at all.

(more…)

Silk Road Intelligencer
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