Kazakhstan
Chevron says Kazakhstan exempted Tengizchevroil from oil export duty
Chevron Corp.’s venture in Kazakhstan said the government granted it an exemption to a new duty on oil exports more than a month before the tax came into effect.
Kazakhstan News Roundup - July 16, 2008
energy:
Chevron says Kazakhstan exempted venture from oil export duty
(Bloomberg) - Chevron Corp.’s venture in Kazakhstan said the government granted it an exemption to a new duty on oil exports more than a month before the tax came into effect.
Kazakhstan’s flagship oil company KazMunaiGas E&P expected to significantly increase reserves and production
(SRI - Stock Market Notes) - KMG E&P, the flagship oil firm of Kazakhstan, represents a strong long term buy at the current market capitalization of $US12Bn.
Arawak Energy issues additional share on LSE (SRI)
Costs and losses rise at Max Petroleum (ShareCast)
mineral resources:
Kazakhmys says it’s not considering reverse takeover
(Bloomberg) - Kazakhmys Plc, which said yesterday it was in talks about a possible merger with an unidentified company, isn’t planning a transaction that would be classified as a reverse takeover.
Lombard: Kazakhmys and Metalloinvest (Financial Times)
Kazakhmys plans to start gold production at Bozymchak in Kyrgyzstan in 2009 (SRI)
business and economy:
Kazakhstan’s Astana Motors plans IPO in 2009
(SRI) - Astana Motors, part of the Astana Group holding, is preparing for an initial public offering in 2009.
Kazakhstan’s real estate market in danger of collapse
(SRI) - The real estate market in Kazakhstan is in danger of a collapse as unemployment grows and inflation reduces the purchasing power of the population.
Kazakh fixed capital investment up more than 12 percent in H1 (SRI)
ATF Bank raised $100 million (SRI)
National Bank of Kazakhstan: Exchange rates July 16, 2008 (Kazinform)
politics:
Kazakhstan hosts OSCE parliamentary assembly
(Eurasia Daily Monitor) - The 17th session of the OSCE Parliamentary Assembly hosted by Kazakhstan in Astana is generally seen as a diplomatic victory for Kazakhstan on its uphill way to political recognition by the Western world.
Presidents of UAE and Kazakhstan hold talks (Gulf News)
society:
Kazakhstan churches say draft law is reminder of Soviet era (Ecumenical News International)
regional news:
Turkmenistan: Gas pipeline with Kazakhstan, Russia is top priority
(Kommersant) - Turkmenistan has declared top priority the project of Turkmenistan-Kazakhstan-Russia gas pipeline and announced the launch of its actual implementation.
Turkmenistan to launch Russia gas pipeline in 2010 (Reuters)
Medvedev patiently courting Central Asian leaders (Eurasia Daily Monitor)
Kazakhstan Politics Roundup - July 16, 2008
Kazakhstan hosts OSCE parliamentary assembly
(Eurasia Daily Monitor) - The 17th session of the OSCE Parliamentary Assembly hosted by Kazakhstan in Astana is generally seen as a diplomatic victory for Kazakhstan on its uphill way to political recognition by the Western world.
Presidents of UAE and Kazakhstan hold talks (Gulf News)
Kazakhstan Mineral Resources Roundup - July 16, 2008
Kazakhmys says it’s not considering reverse takeover
(Bloomberg) - Kazakhmys Plc, which said yesterday it was in talks about a possible merger with an unidentified company, isn’t planning a transaction that would be classified as a reverse takeover.
Lombard: Kazakhmys and Metalloinvest (Financial Times)
Kazakhmys plans to start gold production at Bozymchak in Kyrgyzstan in 2009 (SRI)
Kazakhstan Energy Roundup - July 16, 2008
Chevron says Kazakhstan exempted venture from oil export duty
(Bloomberg) - Chevron Corp.’s venture in Kazakhstan said the government granted it an exemption to a new duty on oil exports more than a month before the tax came into effect.
Arawak Energy issues additional share on LSE (SRI)
Costs and losses rise at Max Petroleum (ShareCast)
Kazakhstan Regional News Roundup - July 16, 2008
Turkmenistan: Gas pipeline with Kazakhstan, Russia is top priority
(Kommersant) - Turkmenistan has declared top priority the project of Turkmenistan-Kazakhstan-Russia gas pipeline and announced the launch of its actual implementation.
Turkmenistan to launch Russia gas pipeline in 2010 (Reuters)
Medvedev patiently courting Central Asian leaders (Eurasia Daily Monitor)
ANALYSIS: Kazakhstan’s flagship oil company KazMunaiGas E&P expected to significantly increase reserves and production
KMG E&P, the flagship oil firm of Kazakhstan, represents a strong long term buy at the current market capitalization of $US12Bn.
Kazakhstan’s real estate market in danger of collapse
(SRI) - The real estate market in Kazakhstan is in danger of a collapse as unemployment grows and inflation reduces the purchasing power of the population, said Gulnar Rakhmatullina, an analyst at the Kazakh President’s Institute of Strategic Research (KISR) in an interview with Interfax.
Kazakhstan’s Astana Motors plans IPO in 2009
(SRI) - Astana Motors, part of the Astana Group holding, is preparing for an initial public offering in 2009, said Astana Group President Nurlan Smagulov in an interview with Interfax.
Kazakhstan News Roundup - July 15, 2008
energy:
Karachaganak group to pay Kazakh oil export duty
(Reuters) - A consortium developing the huge Karachaganak gas field in Kazakhstan has become the first Western entity in the Central Asian nation to fall under a new oil export duty.
Tengizchevroil to lower production in July, August
(SRI) - Tengizchevroil, the operator of the Tengiz field, will lower its average daily crude production in July and August, as it conducts annual maintenance of its facilities.
Kashagan leads Kazakhstan to increase trans-Caspian oil
(CACI Analyst) - Kazakhstan and Azerbaijan have culminated years-long negotiations with agreements that increase the amounts of Kazakhstani oil to be shipped across the Caspian Sea, supplementing Azerbaijani crude in the Baku-Tbilisi-Ceyhan (BTC) pipeline.
A new oil bully in the Caspian?
(TOL - BusinessWeek) - Kazakhstan, with an output potential of 1.5 million barrels a day, shows signs of rivaling Russia in strut and swagger.
BG names new head of its Kazakhstan operations
(SRI) - Peter Dranfield has been named the president of BG Kazakhstan, the oil grouped announced.
Kazakhstan in talks to buy Turkmen gas (iStockAnalyst)
Imperial Energy receives takeover approach amid ONGC report (Economic Times)
Caspian Energy Inc.: Aransay #711 post-salt spud (marketwire)
Max Petroleum confirms approval of asset exchange agreement (OilVoice)
mineral resources:
Kazakhmys in early talks on possible sale of company
(Bloomberg) - Kazakhmys Plc, Kazakhstan’s biggest copper producer, confirmed it’s in takeover discussions after the Financial Times reported Russia’s OAO Metalloinvest may buy a controlling stake.
ArcelorMittal Kazakhstan unit cuts capacity
(Reuters) - ArcelorMittal’s steel unit in Kazakhstan has cut production capacity due to disruptions in electricity supplies.
business and economy:
Kazakhstan’s GDP grew 5 percent in first half of 2008 (SRI)
Kazakhstan Kagazy says paper business granted tax holidays until 2013
(Thomson Financial - Hemscott) - Kazakhstan Kagazy Plc. said its paper business, Kagazy Recycling LLP, has been granted tax holidays until 2013 within the framework of the state scheme to promote domestic producers.
Kazakhstan may harvest 17 million tons of grain in 2008 (SRI)
Prices for agricultural products in Kazakhstan rose almost 13 percent in H1 (SRI)
Kazakhstan: grain productivity in the south of the country decreased by 50% (AgriMarket.info)
Kazakhstan’s Tsesnabank selects BPC card processing technology (finextra.com)
UAE and Kazakhstan look to forge strategic partnership (Khaleej Times)
Astana hosts forum on water management in Central Asia (Kazinform)
National Bank of Kazakhstan: Exchange rates July 15, 2008 (Kazinform)
Indicators - July 14, 2008 (Reuters)
politics:
Russian and Kazakhstan strive to put democratization arm in sling (EurasiaNet)
Russia and Kazakhstan to hold joint war games in 2009-2011 (RIA Novosti)
Authorities and opposition set up a council to handle social conflicts in Almaty (Interfax)
Seoul Mayor to make official visit to Kazakhstan (Kazinform)
regional news:
Central Asia: Officials struggle to contain outbraks of anthrax, typhoid
(EurasiaNet) - A winter of hardship has given way to the summer of pestilence in Central Asia. Contagious diseases, such as anthrax and typhoid, are stoking public health crises in Kazakhstan, Kyrgyzstan and Turkmenistan.
Baku-Tbilisi-Kars is strategic cooperation project: Interview with Minister of Transport of Turkey (TREND)
