Archive for October 8th, 2008

Kazakhstan Daily News Roundup - October 8, 2008

ENERGY:

Kashagan’s new operating company to include all partners
(SRI) - All companies in the consortium that develops the huge Kashagan oilfield in Kazakhstan will get stakes in an operating company that will manage the project once it starts commercial production by 2013.

KazMunaiGas and Lukoil interested in BC’s CPC stake
(SRI) - Kazakh national oil company KazMunaiGas and Russia’s Lukoil expressed their interest in acquiring BP’s stake in the Caspian Pipeline Consortium (CPC) that operates a pipeline between Kazakhstan and Russian Black Sea.

KazMunaiGas may sell its Georgian gas distribution subsidiary
(SRI) - KazMunaiGas (KMG), the Kazakh national oil company, is considering the sale of its gas distribution business in Georgia, KazTransGas-Tbilisi.

Kazakhstan confident in oil sector despite crisis
(Reuters) - Kazakhstan’s oil sector is facing limited access to borrowing due to a global credit crisis but the overall sentiment is good and foreign interest remains strong.

BP adds Tengiz crude to BTC pipeline
(Reuters) - BP plans to introduce Tengiz crude oil into its Baku-Tbilisi-Ceyhan (BTC) pipeline after production problems caused by partial shutdowns of its Azeri field.

KazMunaiGas eyes new projects in Turkmenistan, Iran and Russia – company’s head
(Interfax) - Kazakh national oil and gas company KazMunaiGas (KMG) mulls over its possible participation in a number of projects abroad.

Almaty opens KIOGE-2008 expo (Kazinform)

Potential resource opportunities of Caspian Sea have about 120 structures - Mynbayev (Kazakhstan Today)

Kazakhstan to extract 15 400 tons of uranium a year by 2010 (Kazakhstan Today)

Head of Kazakh holding details measures to improve electricity supplies (BBC Monitoring - redOrbit)

MINERAL RESOURCES:

Kazakhmys and Samruk-Energy may team up to jointly operate Kazakhmys Power
(SRI) - Kazakhmys Plc, Kazakh mining group, signed a memorandum of understanding with state-owned Samruk-Energy holding to form a strategic partnership and share ownership of Kazakhmys Power Division, Kazakhmys Power.

Kazakh ENRC to double investment to USD 6.9 billion - report
(Reuters) - Kazakh miner Eurasian Natural Resources Corp plans to nearly double investment in new projects to $6.9 billion.

Kazakh PM meets with Mechel CEO (Kazinform)

BUSINESS AND ECONOMY:

Fitch Affirms Kazakh Mortgage Backed Securities
(Fitch Ratings - NASDAQ) - Fitch Ratings has today affirmed Kazakh Mortgage Backed Securities 2007-I B.V, despite a difficult Kazakh economic environment and, in particular, a sharply slowing housing market.

Kazakhstan: high-quality wheat share totals 91% – Ministry of Agriculture (AgriMarket.Info)

Kazakhstan: Food Contract Corporation to build grain terminal in Batumi (AgriMarket.Info)

National Bank of Kazakhstan: Exchange rates October 8, 2008 (Kazinform)

Indicators - October 7, 2008 (Reuters)

POLITICS:

Kazakh Foreign Ministry content with Kazakh-U.S. relations (Interfax)

SOCIETY:

Finding kvas - and Kazakhstan - in Astana (Neweurasia.net)

Kazakhstan Society Roundup - October 8, 2008

Finding kvas - and Kazakhstan - in Astana (Neweurasia.net)

Kazakhstan Politics Roundup - October 8, 2008

Kazakh Foreign Ministry content with Kazakh-U.S. relations (Interfax)

Kazakhstan Business and Economy Roundup - October 8, 2008

Fitch Affirms Kazakh Mortgage Backed Securities
(Fitch Ratings - NASDAQ) - Fitch Ratings has today affirmed Kazakh Mortgage Backed Securities 2007-I B.V, despite a difficult Kazakh economic environment and, in particular, a sharply slowing housing market.

Kazakhstan: high-quality wheat share totals 91% – Ministry of Agriculture (AgriMarket.Info)

Kazakhstan: Food Contract Corporation to build grain terminal in Batumi (AgriMarket.Info)

National Bank of Kazakhstan: Exchange rates October 8, 2008 (Kazinform)

Indicators - October 7, 2008 (Reuters)

Kazakhstan Mineral Resources Roundup - October 8, 2008

Kazakhmys and Samruk-Energy may team up to jointly operate Kazakhmys Power
(SRI) - Kazakhmys Plc, Kazakh mining group, signed a memorandum of understanding with state-owned Samruk-Energy holding to form a strategic partnership and share ownership of Kazakhmys Power Division, Kazakhmys Power.

Kazakh ENRC to double investment to USD 6.9 billion - report
(Reuters) - Kazakh miner Eurasian Natural Resources Corp plans to nearly double investment in new projects to $6.9 billion.

Kazakh PM meets with Mechel CEO (Kazinform)

Kazakhstan Energy Roundup - October 8, 2008

Kashagan’s new operating company to include all partners
(SRI) - All companies in the consortium that develops the huge Kashagan oilfield in Kazakhstan will get stakes in an operating company that will manage the project once it starts commercial production by 2013.

KazMunaiGas and Lukoil interested in BC’s CPC stake
(SRI) - Kazakh national oil company KazMunaiGas and Russia’s Lukoil expressed their interest in acquiring BP’s stake in the Caspian Pipeline Consortium (CPC) that operates a pipeline between Kazakhstan and Russian Black Sea.

KazMunaiGas may sell its Georgian gas distribution subsidiary
(SRI) - KazMunaiGas (KMG), the Kazakh national oil company, is considering the sale of its gas distribution business in Georgia, KazTransGas-Tbilisi.

Kazakhstan confident in oil sector despite crisis
(Reuters) - Kazakhstan’s oil sector is facing limited access to borrowing due to a global credit crisis but the overall sentiment is good and foreign interest remains strong.

BP adds Tengiz crude to BTC pipeline
(Reuters) - BP plans to introduce Tengiz crude oil into its Baku-Tbilisi-Ceyhan (BTC) pipeline after production problems caused by partial shutdowns of its Azeri field.

KazMunaiGas eyes new projects in Turkmenistan, Iran and Russia – company’s head
(Interfax) - Kazakh national oil and gas company KazMunaiGas (KMG) mulls over its possible participation in a number of projects abroad.

Almaty opens KIOGE-2008 expo (Kazinform)

Potential resource opportunities of Caspian Sea have about 120 structures - Mynbayev (Kazakhstan Today)

Kazakhstan to extract 15 400 tons of uranium a year by 2010 (Kazakhstan Today)

Head of Kazakh holding details measures to improve electricity supplies (BBC Monitoring - redOrbit)

KazMunaiGas and Lukoil interested in BP’s CPC stake

(SRI) - Kazakh national oil company KazMunaiGas and Russia’s Lukoil expressed their interest in acquiring BP’s stake in the Caspian Pipeline Consortium (CPC) that operates a pipeline between Kazakhstan and Russian Black Sea, both companies said on Tuesday.

(more…)

Kashagan’s new operating company to include all partners

(SRI) - All companies in the consortium that develops the huge Kashagan oilfield in Kazakhstan will get stakes in an operating company that will manage the project once it starts commercial production by 2013, Reuters reported on Tuesday.

(more…)

Kazakhstan rejects Gazprom Neft’s bid to acquire a stake in MangistauMunaiGas

(SRI) - Kazakh national oil company KazMunaiGas (KMG) has suspended negotiations with Russian Gazprom Neft about a purchase of a stake in MangistauMunaiGas, Interfax reported on Tuesday.

(more…)

Kazakhmys and Samruk-Energy may team up to jointly operate Kazakhmys Power

(SRI) - Kazakhmys Plc, Kazakh mining group, signed a memorandum of understanding with state-owned Samruk-Energy holding to form a strategic partnership and share ownership of Kazakhmys Power Division, Kazakhmys Power, the firm said on Tuesday.

(more…)

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