Archive for March 13th, 2009
Kazakhstan Daily News Roundup - March 13, 2009
HEADLINES:
Kazakh grain producers look to southern export markets
(bne) - To sell large volumes of grain to the fast-growing populations to its south, Kazakhstan needs to invest further in transport and storage infrastructure.
KazMunaiGas Q4 2008 income down 58 percent (SRI)
Kazakh president blames dollar for economic crisis (SRI)
Sberbank in talks to buy 100 percent of BTA (SRI)
ENERGY:
Central Asia to press ahead with Russia gas pipeline
(Reuters) - Central Asian gas producers Turkmenistan and Kazakhstan agreed to press ahead with a new Caspian Sea gas pipeline — a Russia-backed project rivalling Europe-backed Nabucco.
Max Petroleum says needs USD50-70 million of further capital
(Reuters) - Kazakhstan-focused oil and gas explorer Max Petroleum said it needs about USD50-70 million of additional capital, in excess of anticipated cash flow, to fund its strategic plan through 2010.
Kazakhstan politically supports Caspian Energy Hub
(Interfax) - Kazakhstan’s president Nursultan Nazarbayev backed the Caspian Energy Hub project at the meeting with the investors in Astana on Thursday.
BUSINESS AND ECONOMY:
Local shares in Kazakh bank Alliance plunge 53 percent
(Reuters) - Shares in Kazakhstan’s No.4 bank Alliance plunged 52 percent on the Kazakh Stock Exchange on Thursday, prompting the bourse to suspend further trading.
Can I pay in Acmetals or Euras?
(RFE/RL) - Under Nazarbaev’s plan, the new world single currency would be called the “acmetal” and the new regional currency, the “euras” (an abbreviation of the word “Eurasia”).
Kazakh restaurants starved of business amid recession (EurasiaNet)
Kazakh anti-crisis plan deals with global meltdown head on (ANI - Yahoo! News)
Second Astana Economic Forum is closed (Kazinform)
National Bank of Kazakhstan: Exchange rates March 13, 2009 (Kazinform)
Indicators - March 12, 2009 (Reuters)
POLITICS:
Amendments to law on religion contradict Kazakhstan’s Constitution – Nazarbayev (Interfax)
Kazakh President accepts credentials from newly appointed ambassadors (TREND)
Trial of Kazakh opposition leaders resumes (RFE/RL)
Nazarbayev embarks on foreign intelligence reform (Eurasia Daily Monitor)
SOCIETY:
Financial crisis fans the embers of political discontent in Kazakhstan
(EurasiaNet) - As the government in Astana digs ever deeper into its coffers in an attempt to stabilize the country’s economy, opposition parties are hoping to make a political comeback by riding a wave of popular discontent.
Kazakhs government approves strategic plan of Kazkosmos for 2009-2011 (Interfax)
REGIONAL:
Central Asia’s complex geopolitics (Middle East Times)
Kazakhstan Society Roundup - March 13, 2009
Financial crisis fans the embers of political discontent in Kazakhstan
(EurasiaNet) - As the government in Astana digs ever deeper into its coffers in an attempt to stabilize the country’s economy, opposition parties are hoping to make a political comeback by riding a wave of popular discontent.
Kazakhs government approves strategic plan of Kazkosmos for 2009-2011 (Interfax)
Kazakhstan Politics Roundup - March 13, 2009
Amendments to law on religion contradict Kazakhstan’s Constitution – Nazarbayev (Interfax)
Kazakh President accepts credentials from newly appointed ambassadors (TREND)
Trial of Kazakh opposition leaders resumes (RFE/RL)
Nazarbayev embarks on foreign intelligence reform (Eurasia Daily Monitor)
Kazakhstan Business and Economy Roundup - March 13, 2009
Kazakh grain producers look to southern export markets (bne)
Local shares in Kazakh bank Alliance plunge 53 percent
(Reuters) - Shares in Kazakhstan’s No.4 bank Alliance plunged 52 percent on the Kazakh Stock Exchange on Thursday, prompting the bourse to suspend further trading.
Can I pay in Acmetals or Euras?
(RFE/RL) - Under Nazarbaev’s plan, the new world single currency would be called the “acmetal” and the new regional currency, the “euras” (an abbreviation of the word “Eurasia”).
Kazakh restaurants starved of business amid recession (EurasiaNet)
Kazakh anti-crisis plan deals with global meltdown head on (ANI - Yahoo! News)
Second Astana Economic Forum is closed (Kazinform)
National Bank of Kazakhstan: Exchange rates March 13, 2009 (Kazinform)
Indicators - March 12, 2009 (Reuters)
Kazakhstan Energy Roundup - March 13, 2009
Central Asia to press ahead with Russia gas pipeline
(Reuters) - Central Asian gas producers Turkmenistan and Kazakhstan agreed to press ahead with a new Caspian Sea gas pipeline — a Russia-backed project rivalling Europe-backed Nabucco.
Max Petroleum says needs USD50-70 million of further capital
(Reuters) - Kazakhstan-focused oil and gas explorer Max Petroleum said it needs about USD50-70 million of additional capital, in excess of anticipated cash flow, to fund its strategic plan through 2010.
Kazakhstan politically supports Caspian Energy Hub
(Interfax) - Kazakhstan’s president Nursultan Nazarbayev backed the Caspian Energy Hub project at the meeting with the investors in Astana on Thursday.
Kazakhstan Regional News Roundup - March 13, 2009
Central Asia’s complex geopolitics (Middle East Times)
KazMunaiGas Q4 2008 income down 58 percent
(SRI) - KazMunaiGas Exploration Production (KMG EP), the London-listed subsidiary of the national oil company, said Thursday its 2008 fourth- quarter net income was KZT22.74 billion (USD151.1 million), a 57.6-percent drop compared to the same period in 2007.
ANALYSIS: Kazakh grain producers look to southern export markets
(bne) - To sell large volumes of grain to the fast-growing populations to its south, Kazakhstan needs to invest further in transport and storage infrastructure.
