Archive for August 25th, 2008
Kazakhstan News Roundup - August 25, 2008
ENERGY:
Kazakh lines entering 5 years of intensive investment
(Oil and Gas Journal) - Kazakhstan’s oil and gas pipeline operators are set to embark on intensive investment programs over the next 5 years to capitalize on favorable oil and gas industry fundamentals.
Kazakh connection: Kazakhstan says it still backs BTC pipeline
(Wall Street Journal) - Kazakhstan has no intention of backing out of the big BTC pipeline project that runs through Georgia, despite recent suggestions it was mulling such a move.
Fitch release on KazMunaiGaz National Company (SRI)
LyondellBasell’s PE and PP technologies selected by Kazakhstan Petrochemical Industries (SRI)
MINERAL RESOURCES:
Kazakhstan miner’s profit soars
(Wall Street Journal) - Eurasian Natural Resources Corp. said first-half net profit more than tripled and expects a “very strong” second half with steady prices for key steelmaking commodities.
BUSINESS AND ECONOMY:
Kazakhstan Kagazy posts jump in Q1 net profit as revenues rise 21.5 pct (Thomson Financial - Forbes)
Fitch Ratings upgrades Georgian BTA subsidiary (The FINANCIAL)
Co-chairmen of the Intergovernmental Commission on Kazakh-Russian coop met in Astana (Kazinform)
Shortage of qualified labor impedes industrial production growth – Nazarbaev (Interfax)
President Nazarbaev wants the government to assess COEC efficiency (Interfax)
National Bank of Kazakhstan: Exchange rates August 23-25, 2008 (Kazinform)
Indicators - August 22, 2008 (Reuters)
SOCIETY:
Lawyers and media discuss internet content regulation in Almaty (Interfax)
Fitch release on KazMunaiGaz National Company
August 22, 2008 - Fitch Ratings has affirmed Kazakhstan-based KazMunaiGaz National Company’s RDGZ.KZ (NC KMG) ratings at Long-term foreign and local currency Issuer Default rating (IDR) ‘BBB’, senior unsecured ‘BBB’ and Short-term foreign currency IDR ‘F3′. The Outlooks for the Long-term IDRs are Negative.
LyondellBasell’s PE and PP technologies selected by Kazakhstan Petrochemical Industries
August 22, 2008 - Kazakhstan Petrochemical Industries Inc. LLP, in which LyondellBasell is holding a minority interest, has selected LyondellBasell’s polyethylene (PE) and polypropylene (PP) technologies for three new plants that will have a combined capacity of 1300 KT of polyolefins per year.
Kazakhstan Mineral Resources Roundup - August 25, 2008
Kazakhstan miner’s profit soars
(Wall Street Journal) - Eurasian Natural Resources Corp. said first-half net profit more than tripled and expects a “very strong” second half with steady prices for key steelmaking commodities.
Kazakhstan Society Roundup - August 25, 2008
Lawyers and media discuss internet content regulation in Almaty (Interfax)
Kazakhstan Business and Economy Roundup - August 25, 2008
Kazakhstan Kagazy posts jump in Q1 net profit as revenues rise 21.5 pct (Thomson Financial - Forbes)
Fitch Ratings upgrades Georgian BTA subsidiary (The FINANCIAL)
Co-chairmen of the Intergovernmental Commission on Kazakh-Russian coop met in Astana (Kazinform)
Shortage of qualified labor impedes industrial production growth – Nazarbaev (Interfax)
President Nazarbaev wants the government to assess COEC efficiency (Interfax)
National Bank of Kazakhstan: Exchange rates August 23-25, 2008 (Kazinform)
Indicators - August 22, 2008 (Reuters)
Kazakhstan Energy Roundup - July 25, 2008
Kazakh lines entering 5 years of intensive investment
(Oil and Gas Journal) - Kazakhstan’s oil and gas pipeline operators are set to embark on intensive investment programs over the next 5 years to capitalize on favorable oil and gas industry fundamentals.
Kazakh connection: Kazakhstan says it still backs BTC pipeline
(Wall Street Journal) - Kazakhstan has no intention of backing out of the big BTC pipeline project that runs through Georgia, despite recent suggestions it was mulling such a move.
