Kazakhstan Daily News Roundup - January 9, 2009

ENERGY:

Countries readying 2009, shaking Caspian area energy assets
(UPI) - While making predictions, especially about energy issues, is a murky business at best, the general outline of the themes surrounding the ongoing development of Caspian energy assets is already broadly emerging.

BUSINESS AND ECONOMY:

EBRD extends credit line to Bank CenterCredit
(SRI) - The European Bank for Reconstruction and Development (EBRD) extended a credit line of USD10 million to Bank CenterCredit (BCC) to finance energy projects in Kazakhstan.

Halyk bank to place bonds on Friday
(SRI) - On Thursday, Halyk bank will place 10-year bonds for KZT5 billion with half-year coupon rate at Kazakhstani Stock Exchange (KASE).

Kazakh government takes action to guard againt a surge in unemployment (EurasiaNet)

Astana settles old electricity debt with Tajikistan (EurasiaNet)

Kazakhstan to overcome global financial crisis and reach economic progress - ECO official (Kazinform)

National Bank of Kazakhstan: Exchange rates January 9, 2009 (Kazinform)

Indicators - January 8, 2009 (Interactive Investor - Reuters)

POLITICS:

Bureaucrats told to cut back on expenses (EurasiaNet)

Government to report on anti-crisis program in January (KazTAG)

Kazakhstan Politics Roundup - January 9, 2009

Bureaucrats told to cut back on expenses (EurasiaNet)

Government to report on anti-crisis program in January (KazTAG)

Kazakhstan Business and Economy Roundup - January 9, 2009

EBRD extends credit line to Bank CenterCredit
(SRI) - The European Bank for Reconstruction and Development (EBRD) extended a credit line of USD10 million to Bank CenterCredit (BCC) to finance energy projects in Kazakhstan.

Halyk bank to place bonds on Friday
(SRI) - On Thursday, Halyk bank will place 10-year bonds for KZT5 billion with half-year coupon rate at Kazakhstani Stock Exchange (KASE).

Kazakh government takes action to guard againt a surge in unemployment (EurasiaNet)

Astana settles old electricity debt with Tajikistan (EurasiaNet)

Kazakhstan to overcome global financial crisis and reach economic progress - ECO official (Kazinform)

National Bank of Kazakhstan: Exchange rates January 9, 2009 (Kazinform)

Indicators - January 8, 2009 (Interactive Investor - Reuters)

Kazakhstan Energy Roundup - January 9, 2009

Countries readying 2009, shaking Caspian area energy assets
(UPI) - While making predictions, especially about energy issues, is a murky business at best, the general outline of the themes surrounding the ongoing development of Caspian energy assets is already broadly emerging.

Gas production in Kazakhstan grew by 12 percent in 2008

(KazTAG) - Gas production in Kazakhstan in 2008 grew by 12 percent compared to the previous year to 33.2 billion cubic meters (bcm), according to the government’s information published in the official newspapers on Friday.

“Main growth came from KPO B.V., Tengizchevroil, CNPC-Aktobemunaigas and Tolkynneftegas.”

Gas exports increased by 27.6 percent to 5.7 bcm.

Oil and gas refining facilities produced 1.4 million tons of LPG, up 0.7 percent from 2007.

Natural gas consumption increased by 2.7 percent to 8.9 bcm.

EBRD extends credit line to Bank CenterCredit

(SRI) - The European Bank for Reconstruction and Development (EBRD) extended a credit line of USD10 million to Bank CenterCredit (BCC), a Kazakh commercial bank, to finance energy projects in Kazakhstan, BCC said in a press release.

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Government to report on anti-crisis program in January

(KazTAG) - The government will report on anti-crisis program in the parliament, Majilis chairman Ural Mukhamedzhanov said.

“In January, the parliament will listen to the government’s report on the program of stabilization of the economic situation in Kazakhstan”, he told the Majilis on Thursday.

At the same time, it is necessary to increase efficiency of legislation improving legislative process, he said.