Archive for November 17th, 2009
Kazakhstan Energy Roundup - November 17, 2009
Tethys to raise KH$200 million on Hong Kong Stock Exchange - report (SRI)
Uranium One gets Kazakh approval to buy 50-percent stake in Karatau uranium mine (SRI)
Tethys Petroleum third quarter revenue up 60 percent, narrows loss (Proactive Investors)
Uranium One narrows loss, tweaks 2010 outlook (Reuters)
Workers of OzenMunayGas go on a hunger strike demanding pay raise (Interfax)
Kazakhstan Daily News Roundup - November 17, 2009
HEADLINES:
GDP down 2.2 percent year-on-year; government still hopes for growth in 2009
(SRI) - Kazakhstan’s GDP shrank 2.2 percent year-on-year in the first nine months of 2009, according to the State Statistics Agency. Its foreign trade surplus meanwhile fell almost 70 percent to $8.8 billion from $28.1 billion in January through September 2008.
Tethys to raise KH$200 million on Hong Kong Stock Exchange - report
(SRI) - Tethys Petroleum, a Kazakhstan-focused oil company, has reportedly filed an application with the Hong Kong Stock Exchange to list on the exchange in the first quarter of 2010, Chinese media reported, citing market sources.
Kazakhstan Kagazy to seek debt restructuring
(SRI) - Kazakhstan Kagazy, Central Asia’s largest producer of paper, corrugated board and packaging products, said on Friday it will seek a restructuring of its debt.
Kazakh banking sector reaches bottom; BTA and Alliance restructuring to impact further growth (SRI)
ENERGY:
Uranium One gets Kazakh approval to buy 50-percent stake in Karatau uranium mine (SRI)
Tethys Petroleum third quarter revenue up 60 percent, narrows loss (Proactive Investors)
Uranium One narrows loss, tweaks 2010 outlook (Reuters)
Workers of OzenMunayGas go on a hunger strike demanding pay raise (Interfax)
BUSINESS AND ECONOMY:
Moody’s downgrades Astana Finance to C (SRI)
Steel production falls 10 percent in Jan-Oct (SRI)
Kibar Group seeks to invest in Kazakhstan (Today’s Zaman)
Aktau port shipped 56,500 tons of grains in October (AgriMarket.Info)
National Bank of Kazakhstan: Exchange rates November 17, 2009 (Kazakhstan Today)
Indicators - November 16, 2009 (Reuters)
POLITICS:
Nazarbayev dodges president-for-life question ahead of Astana’s OSCE chairmanship (EurasiaNet)
China vows to advance military co-op with Kazakhstan (People’s Daily)
SOCIETY:
Kazakhstan plans to raise up to $300 million for solving environmental problems (Interfax)
Passenger Transportation denies employees’ allegations of illegal layoffs (Interfax)
REGIONAL:
Slovenia signs up to Russia-Europe gas pipeline (AFP)
Total executive: Shah Deniz transit talks with Turkey “difficult” (Dow Jones)
Kazakhstan Society Roundup - November 17, 2009
Kazakhstan plans to raise up to $300 million for solving environmental problems (Interfax)
Passenger Transportation denies employees’ allegations of illegal layoffs (Interfax)
Kazakhstan Politics Roundup - November 17, 2009
Nazarbayev dodges president-for-life question ahead of Astana’s OSCE chairmanship (EurasiaNet)
China vows to advance military co-op with Kazakhstan (People’s Daily)
Kazakhstan Business and Economy Roundup - November 17, 2009
Kazakh banking sector reaches bottom; BTA and Alliance restructuring to impact further growth (SRI)
GDP down 2.2 percent year-on-year; government still hopes for growth in 2009 (SRI)
Kazakhstan Kagazy to seek debt restructuring (SRI)
Moody’s downgrades Astana Finance to C (SRI)
Steel production falls 10 percent in Jan-Oct (SRI)
Kibar Group seeks to invest in Kazakhstan (Today’s Zaman)
Aktau port shipped 56,500 tons of grains in October (AgriMarket.Info)
National Bank of Kazakhstan: Exchange rates November 17, 2009 (Kazakhstan Today)
Indicators - November 16, 2009 (Reuters)
Moody’s downgrades Astana Finance to C
(SRI) - Moody’s downgraded the long-term issuer and debt ratings of Astana Finance to C from Ca with a stable outlook.
Steel production falls 10 percent in Jan-Oct
(SRI) - Kazakhstan’s crude steel output fell by 10.5 percent year-on-year in January through October to 3.415 million tons, Interfax reported citing the State Statistics Agency.
Kazakh banking sector reaches bottom; BTA and Alliance restructuring to impact further growth
(SRI) - Kazakhstan’s banking sector reached the bottom this fall and is now on its way to recovery, according to a research report authored by Russian investment bank VTB Capital.
Kazakhstan Regional News Roundup - November 17, 2009
Slovenia signs up to Russia-Europe gas pipeline (AFP)
Total executive: Shah Deniz transit talks with Turkey “difficult” (Dow Jones)
Slovenia signs up to Russia-Europe gas pipeline
(AFP) - Slovenia signed an agreement on Saturday for the massive South Stream gas pipeline from Russia to Europe to pass through the country.
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