Archive for January 26th, 2009
Kazakhstan Daily News Roundup - January 26, 2009
ANALYSIS:
Marchenko’s appointment clears path to devaluation
(SRI) - Last week’s appointment of Grigoriy Marchenko as the chairman of the National Bank of Kazakhstan signals a shift in Kazakhstan’s monetary policy. A controlled devaluation of the national currency, long a taboo topic, appears to be imminent.
Central Asia poised to become the atomic El Dorado
(RFE/RL) - With the Kazakh president signing an agreement on civilian nuclear cooperation with India, there are signs that uranium-rich Central Asia may be poised to take advantage of the globe’s anticipated move toward nuclear power.
ENERGY:
Kazakhstan and India sign deals on uranium, oil
(SRI) - Kazakhstan signed several agreements with India during President Nazarbayev’s four-day visit to the South Asian country. They included an agreement on the supply of uranium fuel for India’s power plants and a deal to explore for oil and gas in the Caspian.
Kazakhstan transported 285.1 thousand tons of oil through BTC pipeline (Kazinform)
Punj Lloyd: Face of India in Kazakhstan (Economic Times)
Kashagan development gets new operator (Offshore)
Kazakhstan to build oil refinery in Caspian region (Interfax - iStockAnalyst)
Iran opposes Caspian oil pipeline project (Xinhua - Yahoo! News)
BUSINESS AND ECONOMY:
Kazakh tenge weakens beyond 122.0 per dollar, bounces
(Reuters) - Kazakh tenge weakened beyond 122.0 per dollar for a short period on Friday for the first time in more than a year on expectations the new central bank chairman would allow the currency to depreciate.
Kazakhstan: Panic buying of U.S. dollars
(EurasiaNet) - Panic buying of US dollars sent the value of the Kazakhstani currency tumbling and helped stoke record trading volume on the Kazakh stock exchange (KASE) on January 23.
Kazakh banks buy up dollars in expectation of tenge devaluation (Interfax)
BTA Bank repays USD250 Eurobonds (SRI)
Halyk Bank names new CEO (SRI)
6.8 mln sq m of housing commissioned in Kazakhstan in 2008 (Kazinform)
Industry Minister to take unemployment issue under control - PM (Interfax)
National Bank of Kazakhstan: Exchange rates January 24 - 26, 2009 (Kazinform)
Indicators - January 23 (Reuters)
POLITICS:
Kazakhstan’s peacekeepers penciled in for Afghanistan? (Eurasia Daily Monitor)
REGIONAL:
Russia has ‘no aversion’ to Nabucco gas pipeline, Zubkov says
(Bloomberg) - Russia has ‘no aversion’ to the planned Nabucco natural gas pipeline from Central Asia to Europe, and the builders have yet to secure sources for the link, Deputy Prime Minister Viktor Zubkov said.
Nabucco to call for gas pipe builders by early 2010
(Bloomberg) - Nabucco Gas Pipeline International GmbH will tender construction orders at the end 2009 or early in 2010 for the project to carry gas from the Caspian Sea region to Europe in 2013.
Kazakhstan Regional News Roundup - January 26, 2009
Russia has ‘no aversion’ to Nabucco gas pipeline, Zubkov says
(Bloomberg) - Russia has ‘no aversion’ to the planned Nabucco natural gas pipeline from Central Asia to Europe, and the builders have yet to secure sources for the link, Deputy Prime Minister Viktor Zubkov said.
Nabucco to call for gas pipe builders by early 2010
(Bloomberg) - Nabucco Gas Pipeline International GmbH will tender construction orders at the end 2009 or early in 2010 for the project to carry gas from the Caspian Sea region to Europe in 2013.
Kazakhstan Politics Roundup - January 26, 2009
Kazakhstan’s peacekeepers penciled in for Afghanistan? (Eurasia Daily Monitor)
Kazakhstan Business and Economy Roundup - January 26, 2009
Kazakh tenge weakens beyond 122.0 per dollar, bounces
(Reuters) - Kazakh tenge weakened beyond 122.0 per dollar for a short period on Friday for the first time in more than a year on expectations the new central bank chairman would allow the currency to depreciate.
Kazakhstan: Panic buying of U.S. dollars
(EurasiaNet) - Panic buying of US dollars sent the value of the Kazakhstani currency tumbling and helped stoke record trading volume on the Kazakh stock exchange (KASE) on January 23.
BTA Bank repays USD250 Eurobonds (SRI)
Halyk Bank names new CEO (SRI)
Marchenko’s appointment clears path to devaluation (SRI)
Kazakh banks buy up dollars in expectation of tenge devaluation (Interfax)
6.8 mln sq m of housing commissioned in Kazakhstan in 2008 (Kazinform)
Industry Minister to take unemployment issue under control - PM (Interfax)
National Bank of Kazakhstan: Exchange rates January 24 - 26, 2009 (Kazinform)
Indicators - January 23 (Reuters)
Kazakhstan Energy Roundup - January 26, 2009
Kazakhstan and India sign deals on uranium, oil
(SRI) - Kazakhstan signed several agreements with India during President Nazarbayev’s four-day visit to the South Asian country. They included an agreement on the supply of uranium fuel for India’s power plants and a deal to explore for oil and gas in the Caspian.
Central Asia poised to become the atomic El Dorado (RFE/RL)
Kazakhstan transported 285.1 thousand tons of oil through BTC pipeline (Kazinform)
Punj Lloyd: Face of India in Kazakhstan (Economic Times)
Kashagan development gets new operator (Offshore)
Kazakhstan to build oil refinery in Caspian region (Interfax - iStockAnalyst)
Iran opposes Caspian oil pipeline project (Xinhua - Yahoo! News)
BTA Bank repays USD250 Eurobonds
(SRI) - BTA Bank, Kazakhstan’s largest bank, said Friday that it repaid its two-year, USD250-million Eurobonds.
Halyk Bank names new CEO
(SRI) - Halyk Bank, Kazakhstan’s third largest bank, named Umut Shayakhmetova the new CEO, replacing Grigoriy Marchenko, who has been appointed to chair the National Bank of Kazakhstan.
Kazakhstan and India sign deals on uranium, oil
(SRI) - Kazakhstan signed several agreements with India during President Nazarbayev’s four-day visit to the South Asian country. They included an agreement on the supply of uranium fuel for India’s power plants and a deal to explore for oil and gas in the Caspian.
ANALYSIS: Marchenko’s appointment clears path to devaluation
(SRI) - Last week’s appointment of Grigoriy Marchenko as the chairman of the National Bank of Kazakhstan signals a shift in Kazakhstan’s monetary policy. A controlled devaluation of the national currency, long a taboo topic, appears to be imminent.
ANALYSIS: Central Asia poised to become the atomic El Dorado
(RFE/RL) - With the Kazakh president signing an agreement on civilian nuclear cooperation with India, there are signs that uranium-rich Central Asia may be poised to take advantage of the globe’s anticipated move toward nuclear power.
