Archive for September 11th, 2008

Kazakhstan News Roundup - September 11, 2008

ENERGY:

BP holding back Caspian pipeline expansion
(Reuters) - The head of Russian pipeline monopoly Transneft said oil major BP is against expanding the Caspian pipeline until more funding is secured.

Azerbaijan OKs oil shipments by rail from Tengiz field
(CNN Money - Dow Jones) - The Chevron Corp. (CVX) joint venture TengizChevrOil operating the giant Tengiz oil field in Kazakhstan has agreed with Azerbaijan’s state oil company Socar to ship oil by rail through Azerbaijan and Georgia.

KMG EP to drill first pioneer wells at Liman, P9 blocks in 2009 (Interfax)

BUSINESS AND ECONOMY:

70 percent of total GDP of Central Asian states accounts for Kazakhstan - Masimov
(Kazakhstan Today) - 70 percent of total GDP of Central Asian states accounts for Kazakhstan, Karim Masimov, the Prime Minister of Kazakhstan, said.

Commercial banks to increase their registered capital to KZT 10 billion by 2011 (Interfax)

Kazakh-Czech business forum is on in Astana (Kazinform)

Kyrgyzstan to buy wheat from Kazakhstan at prices of 300 USD/t (AgriMarket.Info)

National Bank of Kazakhstan: Exchange rates September 11, 2008 (Kazinform)

Indicators - September 10, 2008 (Reuters)

POLITICS:

No alternative to Kazakhstan’s multivector foreign policy -Senate Speaker (Interfax)

REGIONAL:

Guler: Nabucco project will be implemented
(www.defsec.info) - Turkey’s Energy Minister Hilmi Guler called on Azerbaijan and Turkmenistan to cooperate with Turkey in energy/drilling projects in the Black Sea and make joint energy investments.

Nabucco gets a boost in Baku
(EurasiaNet) - At what was called a “strategic-cooperation conference” in Baku on September 9, there was broad support for participation in the Nabucco project.

Big energy buyers court Turkmenistan
(BusinessWeek - TOL) - When Turkmenistan’s president took power at the death of the authoritarian ruler Saparmurat Niyazov nearly two years ago, he vowed to liberalize the economy and encourage outsiders to invest in the country’s vast natural gas potential.

Kazakhstan Politics Roundup - September 11, 2008

No alternative to Kazakhstan’s multivector foreign policy -Senate Speaker (Interfax)

Kazakhstan Business and Economy Roundup - September 11, 2008

70 percent of total GDP of Central Asian states accounts for Kazakhstan - Masimov
(Kazakhstan Today) - 70 percent of total GDP of Central Asian states accounts for Kazakhstan, Karim Masimov, the Prime Minister of Kazakhstan, said.

Commercial banks to increase their registered capital to KZT 10 billion by 2011 (Interfax)

Kazakh-Czech business forum is on in Astana (Kazinform)

Kyrgyzstan to buy wheat from Kazakhstan at prices of 300 USD/t (AgriMarket.Info)

National Bank of Kazakhstan: Exchange rates September 11, 2008 (Kazinform)

Indicators - September 10, 2008 (Reuters)

Kazakhstan Energy Roundup - September 11, 2008

BP holding back Caspian pipeline expansion
(Reuters) - The head of Russian pipeline monopoly Transneft said oil major BP is against expanding the Caspian pipeline until more funding is secured.

Azerbaijan OKs oil shipments by rail from Tengiz field
(CNN Money - Dow Jones) - The Chevron Corp. (CVX) joint venture TengizChevrOil operating the giant Tengiz oil field in Kazakhstan has agreed with Azerbaijan’s state oil company Socar to ship oil by rail through Azerbaijan and Georgia.

KMG EP to drill first pioneer wells at Liman, P9 blocks in 2009 (Interfax)

Kazakhstan Regional News Roundup - September 11, 2008

Guler: Nabucco project will be implemented
(www.defsec.info) - Turkey’s Energy Minister Hilmi Guler called on Azerbaijan and Turkmenistan to cooperate with Turkey in energy/drilling projects in the Black Sea and make joint energy investments.

Nabucco gets a boost in Baku
(EurasiaNet) - At what was called a “strategic-cooperation conference” in Baku on September 9, there was broad support for participation in the Nabucco project.

Big energy buyers court Turkmenistan
(BusinessWeek - TOL) - When Turkmenistan’s president took power at the death of the authoritarian ruler Saparmurat Niyazov nearly two years ago, he vowed to liberalize the economy and encourage outsiders to invest in the country’s vast natural gas potential.

Guler: Nabucco project will be implemented

(www.defsec.info) - Turkey’s Energy Minister Hilmi Guler called on Azerbaijan and Turkmenistan to cooperate with Turkey in energy/drilling projects in the Black Sea and make joint energy investments, on Tuesday in a Baku energy conference.

(more…)

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