Archive for August 26th, 2008
BI Group and Eurasia City in a USD 3 billion Moscow development project
(SRI) - Kazakh construction company Build Investments Group (BI Group) signed an agreement with Russian developer Eurasia-City to build part of the Konstantinovo development project outside Moscow.
Kazakhstan News Roundup - August 26, 2008
ENERGY:
ONGC faces roadblock in Imperial buy
(Economic Times) - State-run explorer ONGC’s move to acquire UK-based oil firm Imperial Energy for about $2.8 billion may hit a road block as it has already exhausted its investment limit.
Explosion in Georgia damages cisterns with Kazakh oil
(TREND) - Due to an explosion, which occurred on Sunday near Gori, 14 cisterns with oil, transported through Georgia from Kazakhstan to the port of Batumi, were damaged.
Korean oil firm has no Imperial designs
(Forbes) - Sources with Korea National Oil Corp. said the state-run oil company had never expressed interest in buying FSU-focused Imperial Energy.
Transmeridian Exploration extends consent payment deadline and expiration time for 12% senior secured notes due 2010 (FOX Business)
BUSINESS AND ECONOMY:
President talks to Halyk Bank CEO about banking sector dynamics
(Interfax) - Kazakhstan president Nursultan Nazarbaev on Monday discussed dynamics and prospects in Kazakhstan’s banking sector with Halyk Bank CEO Gregoriy Marchenko.
National Bank of Kazakhstan: Exchange rates August 26, 2008 (Kazinform)
Indicators - August 25, 2008 (Reuters)
POLITICS:
FM Tazhin held number of negotiations with CICA FMs (Kazinform)
Russian, Kazakh Presidents preparing for CSTO meeting (RBC News)
SOCIETY:
Jehovah’s Witnesses suspended in southern Kazakhstan (Ferghana.ru)
REGIONAL:
Caspian Basin: Russia uses its Georgia position to enhance its energy leverage
(EurasiaNet) - The contest over Caspian Basin energy finds itself at a potentially decisive point as Russia’s incursion into Georgia has caused disruptions in the only export routes for oil and natural gas that are not under Moscow’s control.
Azeri oil will flow via Odessa-Brody at the year-end
(Azeri Press Agency) - Russia’s reverse transportation of oil southward to Odessa may be terminated this year, Ukrainian media reports said.
Kazakhstan Regional Roundup - August 26, 2008
Caspian Basin: Russia uses its Georgia position to enhance its energy leverage
(EurasiaNet) - The contest over Caspian Basin energy finds itself at a potentially decisive point as Russia’s incursion into Georgia has caused disruptions in the only export routes for oil and natural gas that are not under Moscow’s control.
Azeri oil will flow via Odessa-Brody at the year-end
(Azeri Press Agency) - Russia’s reverse transportation of oil southward to Odessa may be terminated this year, Ukrainian media reports said.
Kazakhstan Society Roundup - August 26, 2008
Jehovah’s Witnesses suspended in southern Kazakhstan (Ferghana.ru)
Kazakhstan Politics Roundup - August 26, 2008
FM Tazhin held number of negotiations with CICA FMs (Kazinform)
Russian, Kazakh Presidents preparing for CSTO meeting (RBC News)
Kazakhstan Business and Economy Roundup - August 26, 2008
President talks to Halyk Bank CEO about banking sector dynamics
(Interfax) - Kazakhstan president Nursultan Nazarbaev on Monday discussed dynamics and prospects in Kazakhstan’s banking sector with Halyk Bank CEO Gregoriy Marchenko.
National Bank of Kazakhstan: Exchange rates August 26, 2008 (Kazinform)
Indicators - August 25, 2008 (Reuters)
Kazakhstan Energy Roundup - August 26, 2008
ONGC faces roadblock in Imperial buy
(Economic Times) - State-run explorer ONGC’s move to acquire UK-based oil firm Imperial Energy for about $2.8 billion may hit a road block as it has already exhausted its investment limit.
Explosion in Georgia damages cisterns with Kazakh oil
(TREND) - Due to an explosion, which occurred on Sunday near Gori, 14 cisterns with oil, transported through Georgia from Kazakhstan to the port of Batumi, were damaged.
Korean oil firm has no Imperial designs
(Forbes) - Sources with Korea National Oil Corp. said the state-run oil company had never expressed interest in buying FSU-focused Imperial Energy.
Transmeridian Exploration extends consent payment deadline and expiration time for 12% senior secured notes due 2010 (FOX Business)
BTA mulling sale of London-Almaty insurance company
(SRI) - Kazakh insurance company London-Almaty, a subsidiary of the BTA banking group, may be up for sale, according to Kazakh business weekly Biznes & Vlast. The weekly reported on Friday that BTA group was in talks with several suitors including Russian insurance group Ingosstrakh.
3rd meeting of foreign affairs ministers of CICMA member states came to an end in Almaty
(Kazakhstan Today) - Third meeting of Ministers for Foreign Affairs of Conference on Interaction and Confidence Building Measures in Asia (CICMA) member states has come to an end in Almaty, the agency reports.
3rd meeting of foreign affairs ministers of CICMA members began in Almaty
(Kazakhstan Today) - Third meeting of Ministers for Foreign Affairs of Conference on Interaction and Confidence Building Measures in Asia (CICMA) member states with participation of the President of Kazakhstan, Nursultan Nazarbayev began in Almaty, the agency reports.
