Kazakhstan Daily News Roundup - January 23, 2009

ENERGY:

KazMunaiGas 2008 production jumps by 8.2 percent
(Reuters) - Kazakh state oil and gas company KazMunaiGas said on Thursday it produced 18 million tonnes of oil and gas condensate last year, up 8.2 percent on the year before, and upped its investment programme for 2009.

KazMunaiGaz to invest USD2.3 billion in Kashagan
(Gulf News) - KazMunaiGaz National, Kazakhstan’s state-run oil company, will invest 280 billion tenge ($2.3 billion) in the development of the Eni-led Kashagan offshore field this year, after doubling its stake in 2008.

Arawak resumes oil production in Kazakhstan
(Reuters) - Oil and gas company Arawak Energy said it would resume production at its four operated fields in Kazakhstan following the adoption of a new tax code in that country, eliminating the customs export duty on crude.

Kazakhstan to invest USD3.1 billion into refineries
(SRI) - Kazakhstan plans to implements a USD3.1-billion program to develop the refining industry in Kazakhstan.

Kazakh nuclear, oil deals hang in balance
(Times of India) - Time-consuming procedures of unlocking atomic fuel and Kazakhstan’s tough bargaining in oil have left question marks over whether specific contracts would be signed when President Nursultan Nazarbayev arrives in New Delhi.

Azerbaijani and Kazakh delegations discuss oil transportation by Caspian Sea in London (Today.az)

BUSINESS AND ECONOMY:

Astana acts to bolster banks and contain rising unemployment
(EurasiaNet) - Kazakhstan’s government is firming up plans to bolster banks and protect jobs as the country’s financial picture grows gloomier.

Prime Minister believes the crisis presented Kazakhstan with an opportunity to diversify economy (Interfax)

National Bank of Kazakhstan: Exchange rates January 23, 2009 (Kazinform)

Indicators - January 22, 2009 (Reuters)

POLITICS:

Kazakhstan seeks Israel’s help to modernize military - government
(AFP - Nasdaq) - Kazakhstan’s Defense Ministry said Thursday it had asked Israel to help it modernize its military and produce weapons that comply with NATO standards.

SOCIETY:

State Language Development Fund to establish Kazakh language contests (Interfax)

Kazakhstan Energy Roundup - January 23, 2009

KazMunaiGas 2008 production jumps by 8.2 percent
(Reuters) - Kazakh state oil and gas company KazMunaiGas said on Thursday it produced 18 million tonnes of oil and gas condensate last year, up 8.2 percent on the year before, and upped its investment programme for 2009.

KazMunaiGaz to invest USD2.3 billion in Kashagan
(Gulf News) - KazMunaiGaz National, Kazakhstan’s state-run oil company, will invest 280 billion tenge ($2.3 billion) in the development of the Eni-led Kashagan offshore field this year, after doubling its stake in 2008.

Arawak resumes oil production in Kazakhstan
(Reuters) - Oil and gas company Arawak Energy said it would resume production at its four operated fields in Kazakhstan following the adoption of a new tax code in that country, eliminating the customs export duty on crude.

Kazakhstan to invest USD3.1 billion into refineries
(SRI) - Kazakhstan plans to implements a USD3.1-billion program to develop the refining industry in Kazakhstan.

Kazakh nuclear, oil deals hang in balance
(Times of India) - Time-consuming procedures of unlocking atomic fuel and Kazakhstan’s tough bargaining in oil have left question marks over whether specific contracts would be signed when President Nursultan Nazarbayev arrives in New Delhi.

Azerbaijani and Kazakh delegations discuss oil transportation by Caspian Sea in London (Today.az)

Kazakhstan Society Roundup - January 23, 2009

State Language Development Fund to establish Kazakh language contests (Interfax)

Kazakhstan Politics Roundup - January 23, 2009

Kazakhstan seeks Israel’s help to modernize military - government
(AFP - Nasdaq) - Kazakhstan’s Defense Ministry said Thursday it had asked Israel to help it modernize its military and produce weapons that comply with NATO standards.

Kazakhstan Business and Economy News Roundup - January 23, 2009

Astana acts to bolster banks and contain rising unemployment
(EurasiaNet) - Kazakhstan’s government is firming up plans to bolster banks and protect jobs as the country’s financial picture grows gloomier.

Prime Minister believes the crisis presented Kazakhstan with an opportunity to diversify economy (Interfax)

National Bank of Kazakhstan: Exchange rates January 23, 2009 (Kazinform)

Indicators - January 22, 2009 (Reuters)

Kazakhstan to invest USD3.1 billion into refineries

(SRI) - Kazakhstan plans to implements a USD3.1-billion program to develop the refining industry in Kazakhstan, Energy Minister Sauat Mynbayev said.

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