Archive for September 9th, 2008
Kazakhstan News Roundup - September 9, 2008
ENERGY:
New oil tax will not affect PSA’s
(SRI) - A new oil tax proposed by the government of Kazakhstan will not be applied to projects operating under production sharing agreements (PSA) and will affect about 60 percent of the country’s crude output next year.
KIOGE 2008 to take place in October (Kazinform)
Caspian Services, Inc. places $15 million convertible note (MarketWatch)
Transmeridian Exploration extend consent payment deadline for senior secured notes (Fox Business)
Transportation of Caspian oil in Caucasian direction can become additional factor of stability in this region - Kabyldin (Kazakhstan Today)
MINERAL RESOURCES:
Frontier Mining to drill at Benkala after license transfer approval (Forbes - Thomson Financial)
Batys attracted foreign investors to develop 46 mineral deposits (Kazinform)
Bekem Metals, Inc. announces selection of nickel processing technology (Yahoo! - PR Web)
BUSINESS AND ECONOMY:
Kazkommertsbank repays $600 ml syndicated loan (SRI)
BTA Bank and Bank of China Kazakhstan inked cooperation agreement (The FINANCIAL)
Commodity turnover between Russia and Kazakhstan for half a year exceeded $11 bln - Masimov (Kazakhstan Today)
KazTAG international information agency is launched in Kazakhstan (Kazakhstan Today - Gazeta.kz)
Indicators - September 8, 2008 (Reuters)
POLITICS:
Kazakhstan: Former head of state energy company detained
(Turkish Weekly - Ferghana.ru) - Well-known politician and ex-CEO of the KazMunaiGas national company Serik Burkitbayev has been detained by police.
Majilis Speaker met with US Ambassador (Kazinform)
Azerbaijan’s Consulate General opened in Aktau (Azeri Press Agency)
Kazakhstan Politics Roundup - September 9, 2008
Kazakhstan: Former head of state energy company detained
(Turkish Weekly - Ferghana.ru) - Well-known politician and ex-CEO of the KazMunaiGas national company Serik Burkitbayev has been detained by police.
Majilis Speaker met with US Ambassador (Kazinform)
Azerbaijan’s Consulate General opened in Aktau (Azeri Press Agency)
Kazakhstan Business and Economy Roundup - September 9, 2008
Kazkommertsbank repays $600 ml syndicated loan (SRI)
BTA Bank and Bank of China Kazakhstan inked cooperation agreement (The FINANCIAL)
Commodity turnover between Russia and Kazakhstan for half a year exceeded $11 bln - Masimov (Kazakhstan Today)
KazTAG international information agency is launched in Kazakhstan (Kazakhstan Today - Gazeta.kz)
Indicators - September 8, 2008 (Reuters)
Kazakhstan Mineral Resources - September 9, 2008
Frontier Mining to drill at Benkala after license transfer approval (Forbes - Thomson Financial)
Batys attracted foreign investors to develop 46 mineral deposits (Kazinform)
Bekem Metals, Inc. announces selection of nickel processing technology (Yahoo! - PR Web)
Kazakhstan Energy Roundup - September 9, 2008
New oil tax will not affect PSA’s
(SRI) - A new oil tax proposed by the government of Kazakhstan will not be applied to projects operating under production sharing agreements (PSA) and will affect about 60 percent of the country’s crude output next year.
KIOGE 2008 to take place in October (Kazinform)
Caspian Services, Inc. places $15 million convertible note (MarketWatch)
Transmeridian Exploration extend consent payment deadline for senior secured notes (Fox Business)
Transportation of Caspian oil in Caucasian direction can become additional factor of stability in this region - Kabyldin (Kazakhstan Today)
Kazkommertsbank repays $600 ml syndicated loan
(SRI) - Kazkommertsbank (KKB) repaid a syndicated loan of USD 600 million on September 4, 2008, the bank said in a statement.
New oil tax will not affect PSA’s
(SRI) - A new oil tax proposed by the government of Kazakhstan will not be applied to projects operating under production sharing agreements (PSA) and will affect about 60 percent of the country’s crude output next year, Economy and Budget Planning Minister Bakhyt Sultanov said on Monday.
Transportation of Caspian oil in Caucasian direction can become additional factor of stability in this region - Kabyldin
(Kazakhstan Today) - Transportation of the Caspian oil in the Caucasian direction can become an additional factor of stability in this region. The President of JSC Company National Company KazMunaiGas, Kairgeldy Kabyldin, stated his opinion at the press conference on Thursday, the agency reports.
Commodity turnover between Russia and Kazakhstan for half a year exceeded $11 bln - Masimov
(Kazakhstan Today) - Commodity turnover between Russia and Kazakhstan for six months of 2008 has exceeded $11 billion. (more…)
