Archive for March 6th, 2009
Kazakhstan Daily News Roundup - March 6, 2009
ENERGY:
Zhaikmunai reports a 25 percent increase in revenues for 2008
(SRI) - Zhaikmunai, a Kazakhstan-focused oil company, reported revenues of USD136 million for 2008, up 25 percent from the previous year, fulfilling analysts’ expectations.
Kazakhs boost uranium as oil prices flatline, but waste issues remain unsolved
(UPI) - Kazakhstan is seeking to diversify its energy exports to include uranium, adducing an increased demand for the fuel in coming decades from countries interested in nuclear power.
Tethys Petroleum: Kyzyloi gas production recommences (Marketwire)
MINERAL RESOURCES:
Kazakhmys Reports 30% Drop in Profit, Scraps Dividend
(Bloomberg) - Kazakhmys Plc, Kazakhstan’s biggest copper miner, reported a 30 percent drop in annual earnings on lower metal prices and scrapped its dividend to help save cash.
Kazakhmys hedges on copper
(Forbes) - The Kazakh miner takes unusual steps to prepare itself for the downturn.
Dalabai Gold Project to provide early cash flows for Central Asia Resources (Proactive Investors)
BUSINESS AND ECONOMY:
Kazakhstan streamlines currency control schemes
(Reuters - Forbes) - Kazakhstan moved on Wednesday to streamline procedures for introducing currency controls as a response to the global financial crisis.
Who will get BTA?
(neweurasia.net) - A month after its nationalization, the state hasn’t still made a decision regarding the future owner of BTA Bank’s assets.
KazAgro starts selecting borrowers for agriculture investment projects (Interfax)
National Bank of Kazakhstan: Exchange rates March 6, 2009 (Kazinform)
Indicators - March 4, 2009 (Reuters)
Indicators - March 5, 2009 (Reuters)
POLITICS:
Financial police detains another environmental deputy minister on suspicion of severe crimes (Interfax)
South Kazakhstan akim made Environmental Minister; Ontustik CEC head succeeded him in the region (Interfax)
East-Kazakhstan akim dismissed for corrupt alliances of his administration with criminal groups (Interfax)
SOCIETY:
Czech police detain leaders of Kazakh asylum seekers (RFE/RL)
REGIONAL:
Kyrgyzstan says it’s open to talks on US troops
(AP) - Kyrgyzstan is willing to negotiate a new deal allowing American troops to operate there despite its recent decision to shut a U.S. air base essential to the war in Afghanistan, the president’s spokesman said Thursday.
Uzbekistan and Turkmenistan confirm new supply routes
(Eurasia Daily Monitor) - On February 24 and 25 Turkmen President Gurbanguly Berdimukhamedov paid a state visit to Uzbekistan for talks with President Islom Karimov.
Kazakhstan Society Roundup - March 6, 2009
Czech police detain leaders of Kazakh asylum seekers (RFE/RL)
Kazakhstan Politics Roundup - March 6, 2009
Financial police detains another environmental deputy minister on suspicion of severe crimes (Interfax)
South Kazakhstan akim made Environmental Minister; Ontustik CEC head succeeded him in the region (Interfax)
East-Kazakhstan akim dismissed for corrupt alliances of his administration with criminal groups (Interfax)
Kazakhstan Business and Economy Roundup - March 6, 2009
Kazakhstan streamlines currency control schemes
(Reuters - Forbes) - Kazakhstan moved on Wednesday to streamline procedures for introducing currency controls as a response to the global financial crisis.
Who will get BTA?
(neweurasia.net) - A month after its nationalization, the state hasn’t still made a decision regarding the future owner of BTA Bank’s assets.
KazAgro starts selecting borrowers for agriculture investment projects (Interfax)
National Bank of Kazakhstan: Exchange rates March 6, 2009 (Kazinform)
Indicators - March 4, 2009 (Reuters)
Indicators - March 5, 2009 (Reuters)
Kazakhstan Mineral Resources Roundup - March 6, 2009
Kazakhmys Reports 30% Drop in Profit, Scraps Dividend
(Bloomberg) - Kazakhmys Plc, Kazakhstan’s biggest copper miner, reported a 30 percent drop in annual earnings on lower metal prices and scrapped its dividend to help save cash.
Kazakhmys hedges on copper
(Forbes) - The Kazakh miner takes unusual steps to prepare itself for the downturn.
Dalabai Gold Project to provide early cash flows for Central Asia Resources (Proactive Investors)
Kazakhstan Energy Roundup - March 6, 2009
Zhaikmunai reports a 25 percent increase in revenues for 2008
(SRI) - Zhaikmunai, a Kazakhstan-focused oil company, reported revenues of USD136 million for 2008, up 25 percent from the previous year, fulfilling analysts’ expectations.
Kazakhs boost uranium as oil prices flatline, but waste issues remain unsolved
(UPI) - Kazakhstan is seeking to diversify its energy exports to include uranium, adducing an increased demand for the fuel in coming decades from countries interested in nuclear power.
Tethys Petroleum: Kyzyloi gas production recommences (Marketwire)
Kazakhstan Regional News Roundup - March 6, 2009
Kyrgyzstan says it’s open to talks on US troops
(AP) - Kyrgyzstan is willing to negotiate a new deal allowing American troops to operate there despite its recent decision to shut a U.S. air base essential to the war in Afghanistan, the president’s spokesman said Thursday.
Uzbekistan and Turkmenistan confirm new supply routes
(Eurasia Daily Monitor) - On February 24 and 25 Turkmen President Gurbanguly Berdimukhamedov paid a state visit to Uzbekistan for talks with President Islom Karimov.
Kyrgyzstan says it’s open to talks on US troops
(AP) - Kyrgyzstan is willing to negotiate a new deal allowing American troops to operate there despite its recent decision to shut a U.S. air base essential to the war in Afghanistan, the president’s spokesman said Thursday.
(more…)
Zhaikmunai reports a 25 percent increase in revenues for 2008
(SRI) - Zhaikmunai, a Kazakhstan-focused oil company, reported revenues of USD136 million for 2008, up 25 percent from the previous year, fulfilling analysts’ expectations.
