Archive for October 9th, 2008
Kazakhstan Daily News Roundup - October 9, 2008
ENERGY:
Kashagan group aims to start production in 2013
(Reuters) - Kazakhstan is determined to start commercial output at the giant Kashagan oilfield in 2013, a senior official said on Wednesday, but a Western consortium developing the project said it may start even earlier.
ONGC eying a stake in MMG
(SRI) - Oil and Natural Gas Corp (ONGC), India’s largest oil company, confirmed its interest in buying a stake in MangistauMunaiGas (MMG).
Russians: ‘Kazakhs want to use ESPO pipeline’
(Oil and Gas Journal) - Russian Energy Minister Sergei Shmatko said Kazakhstan’s state-owned oil pipeline operator KazTransOil is interested in transporting Kazakh oil through Russia’s East Siberia-Pacific Ocean pipeline.
UK’s BG to pursue new gas projects in Kazakhstan
(Reuters) - Britain’s BG teamed up with Kazakh state oil and gas company KazMunaiGas on Wednesday to jointly develop new gas projects in Kazakhstan including power generation and production of gas powered vehicles.
Kazakhstan warns miners, oil firms on environment
(Reuters) - Kazakhstan’s Environmental Protection Ministry accused large oil and mining companies on Wednesday of failing to comply with their environmental commitments and threatened to halt their operations.
Kazakhstan and Iran want to swap oil assets (Interfax)
Energy companies make their comments on subsoil use bill (Interfax)
Russia and Kazakhstan need to organize a common energy market – Russian official (Interfax)
MINERAL RESOURCES:
Central Asia Resources acquires Kazakhstan assets (Business Spectator)
BUSINESS AND ECONOMY:
Alliance Bank’s first half profit falls by 50 percent
(SRI) - Alliance Bank, Kazakhstan’s fourth largest bank, said that its net income in the first six months of 2008 fell by almost a half to KZT 10.2 billion (USD 84.7 million) from KZT 19.6 billion (USD 159 million) in the same period last year.
Kazakhstan real estate prices fall by 0.9 percent in September (SRI)
Kazakhstan to increase grain exports to Egypt (AgriMarket.Info)
National Bank of Kazakhstan: Exchange rates October 9, 2008 (Kazinform)
Indicators - October 8, 2008 (Reuters)
POLITICS:
US Ambassador plans to build stronger relations between America and Kazakhstan (Kazinform)
Kazakhstan interested in usage of Hungarian transport infrastructure: President (Kazinform)
Foreign ambassadors deliver credentials to Kazakh President (Kazinform)
REGIONAL:
Russia on the look -out for ways to increase its Caspian basin energy position
(EurasiaNet) - Russia is pressing for the creation of a new organization, dubbed the Caspian Economic Cooperation Organization, in an apparent bid to increase its influence over the region’s vast energy resources.
CIS leaders to talk economics, financial crisis in Bishkek Oct. 10 (Kazinform)
Kazakhstan Regional News Roundup - October 9, 2008
Russia on the look -out for ways to increase its Caspian basin energy position
(EurasiaNet) - Russia is pressing for the creation of a new organization, dubbed the Caspian Economic Cooperation Organization, in an apparent bid to increase its influence over the region’s vast energy resources.
CIS leaders to talk economics, financial crisis in Bishkek Oct. 10 (Kazinform)
Kazakhstan Politics Roundup - October 9, 2008
US Ambassador plans to build stronger relations between America and Kazakhstan (Kazinform)
Kazakhstan interested in usage of Hungarian transport infrastructure: President (Kazinform)
Foreign ambassadors deliver credentials to Kazakh President (Kazinform)
Kazakhstan Mineral Resources Roundup - October 9, 2008
Central Asia Resources acquires Kazakhstan assets (Business Spectator)
Kazakhstan Energy Roundup - October 9, 2008
Kashagan group aims to start production in 2013
(Reuters) - Kazakhstan is determined to start commercial output at the giant Kashagan oilfield in 2013, a senior official said on Wednesday, but a Western consortium developing the project said it may start even earlier.
ONGC eying a stake in MMG
(SRI) - Oil and Natural Gas Corp (ONGC), India’s largest oil company, confirmed its interest in buying a stake in MangistauMunaiGas (MMG).
Russians: ‘Kazakhs want to use ESPO pipeline’
(Oil and Gas Journal) - Russian Energy Minister Sergei Shmatko said Kazakhstan’s state-owned oil pipeline operator KazTransOil is interested in transporting Kazakh oil through Russia’s East Siberia-Pacific Ocean pipeline.
UK’s BG to pursue new gas projects in Kazakhstan
(Reuters) - Britain’s BG teamed up with Kazakh state oil and gas company KazMunaiGas on Wednesday to jointly develop new gas projects in Kazakhstan including power generation and production of gas powered vehicles.
Kazakhstan warns miners, oil firms on environment
(Reuters) - Kazakhstan’s Environmental Protection Ministry accused large oil and mining companies on Wednesday of failing to comply with their environmental commitments and threatened to halt their operations.
Kazakhstan and Iran want to swap oil assets (Interfax)
Energy companies make their comments on subsoil use bill (Interfax)
Russia and Kazakhstan need to organize a common energy market – Russian official (Interfax)
Kazakhstan Business and Economy Roundup - October 9, 2008
Alliance Bank’s first half profit falls by 50 percent
(SRI) - Alliance Bank, Kazakhstan’s fourth largest bank, said that its net income in the first six months of 2008 fell by almost a half to KZT 10.2 billion (USD 84.7 million) from KZT 19.6 billion (USD 159 million) in the same period last year.
Kazakhstan real estate prices fall by 0.9 percent in September (SRI)
Kazakhstan to increase grain exports to Egypt (AgriMarket.Info)
National Bank of Kazakhstan: Exchange rates October 9, 2008 (Kazinform)
Indicators - October 8, 2008 (Reuters)
Kazakhstan real estate prices fall by 0.9 percent in September
(SRI) - The resale prices of Kazakhstan’s real estate dropped on average 0.9 percent in September, the National Statistics Agency said on Wednesday.
The prices for newly built real estate remained the same as in August.
ONGC eying a stake in MMG
(SRI) - Oil and Natural Gas Corp (ONGC), India’s largest oil company, confirmed its interest in buying a stake in MangistauMunaiGas (MMG).
Alliance Bank’s first half profit falls by 50 percent
(SRI) - Alliance Bank, Kazakhstan’s fourth largest bank, said that its net income in the first six months of 2008 fell by almost a half to KZT 10.2 billion (USD 84.7 million) from KZT 19.6 billion (USD 159 million) in the same period last year.
Kashagan group aims to start production in 2013
(Reuters) - Kazakhstan is determined to start commercial output at the giant Kashagan oilfield in 2013, a senior official said on Wednesday, but a Western consortium developing the project said it may start even earlier.
