Economy

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Alliance Bank first Kazakh lender to reach restructuring deal

The creditors of Alliance Bank, Kazakhstan's second-largest lender to default this year, voted to approve a plan to restructure KZT677 billion ($4.5 billion) of debt.

 

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Kazakhstan reported to seek stake in Karachaganak - Bloomberg

BG Group and Eni, the two oil companies operating the giant Karachaganak gas condensate field in western Kazakhstan, are in talks to sell a stake in the project to the Kazakh government, Bloomberg reported on Friday.

 

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Ex-MAN Manager Charged Bribing Kazakh Officials

With 9 Million Euros... To win orders linked to the country's gas pipeline

 

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China, Kazakhstan unveil landmark gas pipeline

chinatruba2China, Kazakhstan unveil natural gas route tapping into Central Asia's energy riches

 

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Stephen King: How China is putting the skids under Western economic revival

In recessions past, the Western economies exported their problems to countries elsewhere in the world. As the US and European economies tripped up, so their demand for raw materials would drop. Commodity prices would plunge. Raw materials producers, mostly to be found in the emerging world, would suddenly find themselves in trouble. Their export earnings would spiral downward, leaving them unable to repay past debts. Currency collapse and debt default typically followed shortly afterwards.

 

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FACTBOX-Uranium ventures in Kazakhstan

Kazakh uranium output growth is likely to moderate due to technological and economic considerations as it is set to become the world's largest producer this year.

 

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BTA strikes restructuring deal with creditors

btaBTA Bank, Kazakhstan's embattled lender, has reached a deal to restructure its $11.6-billion debt on December 7, the bank said in a statement.

 

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Kazakh groups to shift away from London

Companies from Kazakhstan plan to move part of their fundraising away from London, according to the country's central bank governor, because UK investors failed to stand by the central Asian state during the financial crisis.

 

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NIOC world's 2nd largest oil company: report

Kazakhstan's Kazmunaigas and Uzbekistan's Uzbekneftegas appear in the Top 50 for the first time.

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Uzbek power grid withdrawal set to cause shortages

Central Asia braces for shortages as Uzbekistan plans to pull out of electricity grid

 

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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