Economy

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Konflikt um Rohstoffkonzern ENRC: Zurück in den Schatten

 

eurasWährend in London wegen schweren Betrugs gegen ENRC ermittelt wird, will ein kasachisches Bündnis den Rohstoffkonzern mit Staatshilfe komplett übernehmen. Jetzt erhält es mehr Zeit, sein Angebot aufzubessern.

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America's Geopolitical Nightmare and Eurasian Strategic Energy Arrangements

 

By drawing attention to Iraq and the obvious role oil plays in US policy today, the Bush-Cheney administration has done just that: They have drawn the world's energy-deficit powers' attention firmly to the strategic battle over energy and especially oil. This is already having consequences for the global economy in terms of $75 a barrel crude oil price levels. Now it is taking on the dimension of what one former US Defense Secretary rightly calls a 'geopolitical nightmare' for the United States.

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Central Asia, Washington and Beijing Energy Geo-politics

 

On December 15, the state-owned China National Petroleum Corp. (CNPC) inaugurated an oil pipeline running from Kazakhstan to northwest China. That pipeline will undercut the geopolitical significance of the Washington-backed Baku-Tbilisi-Ceyhan oil pipeline which opened this past summer amid big fanfare and support from Washington. The geopolitical chess game for the control of the energy flows of Central Asia and overall of Eurasia from the Atlantic to the China Sea is sharply evident in the latest developments.

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Washington is Playing a Deeper Game with China

 

After the tragic events of July 5 in Xinjiang Uyghur Autonomous Region in China, it would be useful to look more closely into the actual role of the US Government’s ”independent“ NGO, the National Endowment for Democracy (NED). All indications are that the US Government, once more acting through its “private” Non-Governmental Organization, the NED, is massively intervening into the internal politics of China.

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Russian Banks to Back Bid for Eurasian Natural Resources - Report

 

Two Kremlin-controlled banks are planning to back a bid for U.K.-listed Eurasian Natural Resources Corp. PLC (ENRC.LN), the Sunday Times said. VTB Bank (VTBR.RS) and OAO Sberbank (SBER.RS), majority owned by the Russian state, have been hired by three central Asia tycoons who founded ENRC, the U.K. newspaper said. They've set up a vehicle to acquire the outstanding shares and have 12 days to table a bid to meet a Takeover Panel deadline, the Sunday Times said.

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Kazakhstan looks favorably on Chinese campaign for Central Asian oil

 

Recently, Kazakhstan's Oil and Gas Minister Sauat Mynbayev finally confirmed China's interest in becoming involved in one of the world's most expensive energy projects ever at the Kashagan oilfield on the Caspian Sea.

 

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ENRC founders made good in Kazakhstan

 

enrcThe most surprising thing about the founding trio of Eurasian Natural Resources Corporation – which controls some of Kazakhstan's most important assets – is that none is a native Kazakh.

 

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China Claims a Share in Kashagan, Kazakhstan Confirms

 

On April 16, Kazakhstan's Oil and Gas Minister Sauat Mynbayev made a statement that drew much attention from both domestic and international media and should certainly have been widely commented on in several capitals, including Washington, Moscow, Beijing and New Delhi. After walking out of a regular government meeting, Mynbayev officially confirmed China interest in the Kashagan's oil project. This vast and complex undertaking in the Kazakhstani sector of the Caspian Sea has already cost its investors over $116 billion by August 2012, ahead of the Gorgon and Ichthys gas projects in Australia worth $57 billion and $43 billion, respectively (Newskaz.ru, April 16; The Astana Times, January 11; CNN Money, August 27, 2012)

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China already controls almost 40 percent of Kazakhstan’s hydrocarbon assets, KazTAG reports citing Indian media.

 


kzchin"With China having already cornered about 40 per cent of this country's hydrocarbon assets, India's assessment is that it can get a chunk of the remaining portion if New Delhi plays its political and diplomatic cards right," The Hindu writes.

 

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Kazakhstan’s Credit Rating Tops Russia at S&P for First Time on Budget

 

Kazakhstan has a higher debt rating at Standard & Poor's than Russia for the first time since 2005 as the central Asian nation spends less of its commodities- fueled wealth than its northern neighbor.

Experts of the Committee against Torture Commend Kazakhstan for Enhanced Legislation

Experts of the Committee against Torture Commend Kazakhstan for Enhanced Legislation

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Kazakh official: Not the time to resolve differences through war

Kazakh official: Not the time to resolve differences through war

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Oil majors sued by Kazakh government over billions in revenue

Oil majors sued by Kazakh government over billions in revenue

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