Kazakhstan Daily News Roundup – September 23, 2009


HEADLINES:

BTA signs MoU with creditors’ committee
(SRI) – BTA Bank signed a Memorandum of Understanding (MoU) with a steering committee of creditors on Monday to restructure its $10.3-billion debt.

Karachaganak consortium seeks to recover over $1 billion in paid oil export duty
(SRI) – Karachaganak Petroleum Operating (KPO), a joint venture led by British BG Group and Italian Eni, is seeking to recover more than $1 billion in export taxes paid to Kazakhstan, Energy Minister Sauat Mynbayev told reporters on Tuesday.

Almaty court gives green light to Alliance Bank restructuring
(SRI) – The Specialized Financial Court of Almaty has approved Alliance Bank’s application to restructure its debt on September 18.

ENERGY:

Roxi Petroleum names David Wilkes Finance Director (Dow Jones)

Kazakhstan plans to build NPP by 2020 – energy ministry (Interfax)

BUSINESS AND ECONOMY:

PNB to acquire stake in Kazakh Bank (Reuters)

Kazakhstan, Ukraine are big trade finance risks – WTO (Reuters)

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

POLITICS:

Canada’s trade minister to travel to Kazakhstan, Ukraine and India (AFP)

Kazakh hospitality (American Spectator)

SOCIETY:

OSCE raps Kazakhstan for seizing opposition paper (Reuters)

Kazakhstan says rights activist’s case not political (Reuters)

Bota Foundation will wait until its chair, Evgeny Zhovtis, comes back (Interfax)

REGIONAL:

PetroChina’s Dushanzi plant starts formal operations (Reuters)



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