Archive for January 19th, 2009
Kazakhstan Daily News Roundup - January 19, 2009
ANALYSIS:
Economic crisis puts pressure on Kazakhstan’s reserves
(SRI) - Kazakhstan’s foreign currency and gold reserves, including those held by the National Fund, have increased by 14.5 percent in 2008. Due to the falling price of oil, however, the trend is unlikely to continue this year, as the pressure on Kazakhstan’s existing reserves grows.
ENERGY:
Indian-Kazakh energy ties deepen
(UPI) - A key ingredient in Astana’s efforts to expand its energy exports is its burgeoning uranium production, and it has focused its attention squarely on a rising Asian economic powerhouse - India.
Kazakhstan to ban gas flaring starting from 2011
(Interfax) - The Ministry of Environmental Protection announced plans to stop issuing mineral resources licenses to oil companies that fail to comply with gas utilization standards.
CB&I snags USD135 million Kashagan contract (Houston Business Journal)
Arawak Energy strikes friendly deal to be sold to Vitol unit (Canadian Press)
Prime minister instructs Ministry of Energy and KMG to develop action plan for refineries (SRI)
BUSINESS AND ECONOMY:
Kazakh economy to grow at one percent in 2009; may contract in Q1
(SRI) - Kazakhstan’s economy is likely to grow only one percent this year, the the International Monetary Fund (IMF) expects. At the same time, Kazakhstan’s Ministry of Economy and Budget planning does not exclude a contraction in GDP in first quarter of 2009.
Private equity firm buys Kazakh drink producer
(SRI) - CIS-focused private equity firm SigmaBleyzer acquired a controlling stake in Kazakh mineral water producer Asem-Ai, the firm announced last week.
Economic crisis puts pressure on Kazakhstan’s reserves (SRI)
Kazakhstan expects reduced air, rail transports (SRI)
Global crisis to last two years: Kazakh PM (TREND)
Heads of Samruk-Kazina, Russian Sberbank discuss world financial crisis (TREND)
National Bank of Kazakhstan: Exchange rates January 17-19, 2009 (Kazinform)
Indicators - January 16, 2009 (Reuters)
POLITICS:
Kazakh diplomat was named personal representative of OSCE chairperson in office (Interfax)
SOCIETY:
Kazakh government will not adjust Asian Winter Games planned budget (Interfax)
Kazakhs commemorate opposition journalist, son (RFE/RL)
Kazakh opposition newspaper found guilty of slander (RFE/RL)
Kazakhstan Society Roundup - January 19, 2009
Kazakh government will not adjust Asian Winter Games planned budget (Interfax)
Kazakhs commemorate opposition journalist, son (RFE/RL)
Kazakh opposition newspaper found guilty of slander (RFE/RL)
Kazakhstan Politics Roundup - January 19, 2009
Kazakh diplomat was named personal representative of OSCE chairperson in office (Interfax)
Kazakhstan Business and Economy Roundup - January 19, 2009
Kazakh economy to grow at one percent in 2009; may contract in Q1
(SRI) - Kazakhstan’s economy is likely to grow only one percent this year, the the International Monetary Fund (IMF) expects. At the same time, Kazakhstan’s Ministry of Economy and Budget planning does not exclude a contraction in GDP in first quarter of 2009.
Private equity firm buys Kazakh drink producer
(SRI) - CIS-focused private equity firm SigmaBleyzer acquired a controlling stake in Kazakh mineral water producer Asem-Ai, the firm announced last week.
Economic crisis puts pressure on Kazakhstan’s reserves (SRI)
Kazakhstan expects reduced air, rail transports (SRI)
Global crisis to last two years: Kazakh PM (TREND)
Heads of Samruk-Kazina, Russian Sberbank discuss world financial crisis (TREND)
National Bank of Kazakhstan: Exchange rates January 17-19, 2009 (Kazinform)
Indicators - January 16, 2009 (Reuters)
Kazakhstan Energy Roundup - January 19, 2009
Indian-Kazakh energy ties deepen
(UPI) - A key ingredient in Astana’s efforts to expand its energy exports is its burgeoning uranium production, and it has focused its attention squarely on a rising Asian economic powerhouse - India.
Kazakhstan to ban gas flaring starting from 2011
(Interfax) - The Ministry of Environmental Protection announced plans to stop issuing mineral resources licenses to oil companies that fail to comply with gas utilization standards.
CB&I snags USD135 million Kashagan contract (Houston Business Journal)
Arawak Energy strikes friendly deal to be sold to Vitol unit (Canadian Press)
Prime minister instructs Ministry of Energy and KMG to develop action plan for refineries (SRI)
ANALYSIS: Economic crisis puts pressure on Kazakhstan’s reserves
(SRI) - Kazakhstan’s foreign currency and gold reserves, including those held by the National Fund, have increased by 14.5 percent in 2008. Due to the falling price of oil, however, the trend is unlikely to continue this year, as the pressure on Kazakhstan’s existing reserves grows.
Kazakh economy to grow at one percent in 2009; may contract in Q1
(SRI) - Kazakhstan’s economy is likely to grow only one percent this year, the the International Monetary Fund (IMF) expects. At the same time, Kazakhstan’s Ministry of Economy and Budget planning does not exclude a contraction in GDP in first quarter of 2009.
Kazakhstan expects reduced air, rail transports
(SRI) - A reduction in the volume of railway transportations in Kazakhstan is expected in the first quarter of 2009, Serik Akhmetov, Kazakh Minister of Transport and Communication said at the collegium of the Ministry.
Prime minister instructs Ministry of Energy and KMG to develop action plan for refineries
(KazTAG) - Kazakhstan’s Prime Minister Karim Massimov instructed the Ministry of Energy and Mineral Resources and the national oil company KazMunaiGas (KMG) to develop plans to develop the three refineries in the country.
Private equity firm buys Kazakh drink producer
(SRI) - CIS-focused private equity firm SigmaBleyzer acquired a controlling stake in Kazakh mineral water producer Asem-Ai, the firm announced last week.
