Archive for June 9th, 2009

Kazakhstan Daily News Roundup - June 9, 2009

HEADLINES:

Kazakhstan’s economy on pace to grow in 2009 - government officials
(SRI) - CNPC’s recent purchase of a 50-percent stake in MangistauMunaiGas will increase its total share of oil production in Kazakhstan to 22 percent, a local financial newspaper reported citing government data.

China’s share in Kazakh oil production rises to 22 percent - newspaper
(SRI) - CNPC’s recent purchase of a 50-percent stake in MangistauMunaiGas will increase its total share of oil production in Kazakhstan to 22 percent, a local financial newspaper reported citing government data.

ENERGY:

KMG president Kabyldin: Work on feasibility study for Trans-Caspian project may be launched in the second half (APA)

Kazatomprom ex-president and his guard arrested in connection with Kazatomprom case – prosecutor general’s office (Interfax)

BUSINESS AND ECONOMY:

Fitch affirms Kazakhstan; off Rating Watch Negative (Fitch)

Fitch affirms Astana BBB- (Fitch)

Fitch affirms Tengizchevroil Finance’s notes (Fitch)

Economic crisis crimps Astana’s grand plans for higher education
(EurasiaNet) - Kazakhstan’s higher education system is taking a battering from the global financial crisis, jeopardizing Astana’s ambitious plans to turn the country into an Asian tiger economy.

MTS eyes acquisitions in Kazakhstan, Azerbaijan
(Reuters) - Russia’s top mobile carrier MTS is looking at acquisition opportunities in Kazakhstan and Azerbaijan, its CEO Mikhail Shamolin said in an interview.

National Bank to select external managers of National Fund’s assets (Interfax)

National Bank of Kazakhstan: Exchange rates June 9, 2009 (Kazinform)

Indicators - June 8, 2009 (Reuters)

POLITICS:

Kazakhstan ready to strengthen political, economic and cultural cooperation with USA (Kazakhstan Today)

REGIONAL:

‘Tajik Jimmy’ sings his way to fame in Russia (AFP)

Afghans, Kyrgyz may discuss leaving US base open (AP)

Kazakhstan Politics Roundup - June 9, 2009

Kazakhstan ready to strengthen political, economic and cultural cooperation with USA (Kazakhstan Today)

Kazakhstan Energy Roundup - June 9, 2009

China’s share in Kazakh oil production rises to 22 percent - newspaper (SRI)

KMG president Kabyldin: Work on feasibility study for Trans-Caspian project may be launched in the second half (APA)

Kazatomprom ex-president and his guard arrested in connection with Kazatomprom case – prosecutor general’s office (Interfax)

Kazakhstan Business and Economy Roundup - June 9, 2009

Kazakhstan’s economy on pace to grow in 2009 - government officials (SRI)

Fitch affirms Kazakhstan; off Rating Watch Negative (Fitch)

Fitch affirms Astana BBB- (Fitch)

Fitch affirms Tengizchevroil Finance’s notes (Fitch)

Economic crisis crimps Astana’s grand plans for higher education (EurasiaNet)

MTS eyes acquisitions in Kazakhstan, Azerbaijan (Reuters)

National Bank to select external managers of National Fund’s assets (Interfax)

National Bank of Kazakhstan: Exchange rates June 9, 2009 (Kazinform)

Indicators - June 8, 2009 (Reuters)

Fitch affirms Kazakhstan; off Rating Watch Negative

(Fitch Ratings) - Fitch Ratings has today affirmed Kazakhstan’s Long-term foreign currency Issuer Default Rating (IDR) at ‘BBB-’ and its Long-term local currency IDR at ‘BBB’.

(more…)

Fitch affirms Astana BBB-

(Fitch Ratings) - Fitch Ratings has affirmed the Kazakh city of Astana’s Long-term foreign currency rating at ‘BBB-’ and its Short-term rating at ‘F3′, and removed both ratings from Rating Watch Negative (RWN).

(more…)

Fitch affirms Tengizchevroil Finance’s notes

(Fitch Ratings) - Fitch Ratings has affirmed Tengizchevroil Finance Company SARL’s (TCO Finance) Series A Senior Secured Notes (Series A Notes) at ‘BBB-’ with a Stable Outlook.

(more…)

Kazakhstan Regional News Roundup - June 9, 2009

‘Tajik Jimmy’ sings his way to fame in Russia (AFP)

Afghans, Kyrgyz may discuss leaving US base open (AP)

Afghans, Kyrgyz may discuss leaving US base open

(AP) - A high-ranking Kyrgyz official says the Central Asian nation’s president may meet with Afghan leader Hamid Karzai to discuss the possibility of letting U.S.-led forces continue using an air base to support operations in Afghanistan.
(more…)

‘Tajik Jimmy’ sings his way to fame in Russia

(AFP) - Baimurat Allaberiyev, a diminutive native of Tajikistan who has herded sheep, picked cotton and toiled in construction, hardly looks like Russia’s latest musical sensation.
(more…)

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