Archive for October 20th, 2009

Kazakhstan Daily News Roundup - October 20, 2009

HEADLINES:

Astana Finance signs debt restructuring memorandum with creditors’ committee
(SRI) - Astana Finance, one of three Kazakh lenders which had defaulted on its debt earlier this year, signed a memorandum of understanding (MoU) with its creditors’ committee on a planned $1.7 billion debt restructuring.

Kazakh GDP up 1.5 percent quarter-on-quarter
(SRI) - Kazakhstan’s gross domestic product (GDP) increased 1.5 percent in the third quarter, as compared to the second quarter, Economy Minister Bakhyt Sultanov said on Tuesday.

Chinese investments in Kazakh energy worry Europeans (bne)

ENERGY:

Kazakhstan ready for BTC (UPI)

Russia to supply oil to Samsun-Ceyhan pipeline (Reuters)

Kazakhstan and Russia to seal agreement on parallel operation of the energy systems by year-end (Interfax)

MINERAL RESOURCES:

Kazakhmys to borrow $2 billion from China Development Bank for copper projects (Independent)

BUSINESS AND ECONOMY:

Government plans to cut budget expenditures in 2009 by KZT40 billion – PM (Interfax)

National Fund stands at $24 billion - Marchenko (Kazinform)

National Bank of Kazakhstan: Exchange rates October 20, 2009 (Kazakhstan Today)

POLITICS:

Kazakhstan not a nuclear threat - official (Christian Science Monitor)

Kazakhstan opposition calls for social justice at a meeting in Astana (Interfax)

President of Romania to pay official visit to Kazakhstan (Kazakhstan Today)

SOCIETY:

HRW urges fair hearing for jailed Kazakh activist (AP)

REGIONAL:

Ex-Soviet bloc to shrink more than expected in 2009 - EBRD (AFP)

Turkmen president sacks several energy chiefs (AFP)

Turkmenistan denies entry to Peace Corps (AP)

Kazakhstan Mineral Resources Roundup - October 20, 2009

Kazakhmys to borrow $2 billion from China Development Bank for copper projects (Independent)

Astana Finance signs debt restructuring memorandum with creditors’ committee

(SRI) - Astana Finance, one of three Kazakh lenders which had defaulted on its debt earlier this year, signed a memorandum of understanding (MoU) with its creditors’ committee on a planned $1.7 billion debt restructuring, the lender said in a press release published on its website.

(more…)

Kazakhstan Energy Roundup - October 20, 2009

Kazakhstan ready for BTC (UPI)

Russia to supply oil to Samsun-Ceyhan pipeline (Reuters)

Kazakhstan and Russia to seal agreement on parallel operation of the energy systems by year-end (Interfax)

Kazakhstan Business and Economy Roundup - October 20, 2009

Astana Finance signs debt restructuring memorandum with creditors’ committee (SRI)

Kazakh GDP up 1.5 percent quarter-on-quarter (SRI)

Government plans to cut budget expenditures in 2009 by KZT40 billion – PM (Interfax)

National Fund stands at $24 billion - Marchenko (Kazinform)

National Bank of Kazakhstan: Exchange rates October 20, 2009 (Kazakhstan Today)

Kazakhstan Society Roundup - October 20, 2009

HRW urges fair hearing for jailed Kazakh activist (AP)

Kazakhstan Politics Roundup - October 20, 2009

Kazakhstan not a nuclear threat - official (Christian Science Monitor)

Kazakhstan opposition calls for social justice at a meeting in Astana (Interfax)

President of Romania to pay official visit to Kazakhstan (Kazakhstan Today)

Kazakhstan Regional News Roundup - October 20, 2009

Ex-Soviet bloc to shrink more than expected in 2009 - EBRD (AFP)

Turkmen president sacks several energy chiefs (AFP)

Turkmenistan denies entry to Peace Corps (AP)

Ex-Soviet bloc to shrink more than expected in 2009 - EBRD

(AFP) - The former Soviet bloc economy will contract by a sharper-than-expected 6.3 percent in 2009 before returning to growth next year, the European Bank for Reconstruction and Development forecast Thursday.
(more…)

Turkmen president sacks several energy chiefs

(AFP) - The president of resources-rich Turkmenistan has sacked several top officials in the energy sector, denouncing their “irresponsible approach” to their jobs, the official news agency reported.
(more…)

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