News: Friday, February 10, 2012 -- Issue 1456 
Kazakhstan General
Nazarbayev, Merkel discussed topical issues of bilateral coop and int’l policy
By Marlan Zhiembay
During his meeting with Federal Chancellor of Germany Angela Merkel, President Nursultan Nazarbayev discussed a variety of topical bilateral cooperation and international policy issues. ...
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Labor Minister and Head of OSCE Center in Astana meet
Yesterday, Minister of Labor and Social Protection, Chairman of the National Commission for Women Affairs, Family and Demographic Policy under the Kazakh President Gulshara Abdykalikova held ...
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Oil and Gas Sector
BG to Sell $5 Billion in Assets as Net Gains on LNG Demand
By Eduard Gismatullin
BG Group Plc, the U.K.’s third- largest natural-gas producer, plans to sell $5 billion of assets in the next two years to maintain investment ...
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Roxi Petroleum provides update on BNG well 136
Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, provide update the market with regard to BNG well 136.
The well, which ...
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Max Petroleum presents technical update on its operations in Kazakhstan's pre-salt
By F. Busquet
The most productive oil reservoirs in the pre-Caspian Basin are all in ancient coral reefs. These reefs grew in warm shallow tropical seas, ...
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Oil below $100 amid signs of improving US economy
By Alex Kennedy
Oil prices hovered below $100 a barrel Friday in Asia as encouraging news about the U.S. economy was tempered by European demands for Greece ...
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US gas - futures gain on hopes of further output cuts
By Jerry A. DiColo
Natural-gas futures rose Thursday as the possibility of additional production cuts overshadowed a U.S. government report showing a smaller-than-average drop in weekly ...
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Finance and Investment
Almaty Oblast gains KZT 371 billion in investment last year
Last year, the Almaty Oblast gained KZT 371 billion in investments (114% of the target amount), First Deputy Oblast Akim Amandyk Batalov said.
The largest portion of ...
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Astana Akim holds reporting meeting
Astana’s success lies in its rapid development. This dynamic is what differs it from ordinary municipalities, said Astana Akim Imangali Tasmagambetov at Thursday’s reporting meeting.
According ...
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President Nazarbayev calls on German entrepreneurs to get involved in Kazakhstan’s development
At a business dinner, Kazakhstan’s President Nazarbayev has called on entrepreneurs from Germany to become actively involved in Kazakhstan’s development.
According to the president, Kazakhstan is ready ...
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Kazakhstan and Germany sign about fifty commercial contracts for several billion euros - president
President Nursultan Nazarbayev held a briefing for journalists dedicated to achievements in the development of Kazakh-German cooperation, according to a presidential press message.
The head of state ...
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Kazakh-German prospects very high - Horst Kohler
As part of his official visit to Germany, President Nursultan Nazarbayev met with former Federal President of Germany Horst Kohler, a presidential press statement reported.
Nazarbayev noted ...
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BTA Bank says its corporate website and Internet-banking system unstable due to DDOS-attacks
BTA Bank JSC has reported that its corporate site continues to suffer DDOS-attacks, and the site and internet-banking systems remain unstable.
BTA Bank has sent a notice ...
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Kazakhstan’s railway monopoly says profit advanced 45% last year
By Svetlana Antoncheva
AO Kazakhstan Temir Zholy National Co., the state-owned railroad monopoly, said net income climbed 45 percent last year as transit shipments increased and the ...
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GRANTUM Pension Fund releases 2011 operating results
As of January 1, 2012 GRANTUM Pension Fund (a Kazkommertsbank subsidiary) became one of the fastest growing pension funds and over the last three years it ...
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Metals and Minerals
Alhambra announces NI 43-101 maiden resource estimate for Dombraly mine
Visor Capital has reported Alhambra Resources announced it has received the results for an initial independent NI 43-101 maiden gold resource estimate for its Dombraly mine. ...
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Central Asia Resources in $2 million placement to ramp up gold processing in Kazakhstan
By John Phillips
Central Asia Resources has received a major vote of confidence in the company’s pending gold processing operations, and has received placement commitments to raise ...
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Trade and Consumer Goods
Kazakhstan seeks to rebuild beef production
By Alexandra Babkina
Kazakhstan has resolved to become a meat export power by the year 2020. Currently, the country cannot boast that it has "surplus" beef for ...
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Real Estate
Astana opens about 5 million square meters of housing in coming years
About 5 million square meters of housing will be opened in Astana over the next three years, Astana Akim Imangali Tasmagambetov told a meeting with residents ...
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Tourism
British company to attract investors in Kazakhstan’s tourism sphere
By T. Nurmagambetov
The British Burlington company has offered the city of Almaty its services to attract investors into tourism and sports, Burlington Senior Partner Deborah ...
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Regional News
EBRD invests a record ˆ2.6 billion in sustainable energy projects in 2011
The bank boosts its key climate change initiative
The EBRD achieved a record level of sustainable energy investments in 2011, in a continuing response to the need ...
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Iran paying for grain with gold, oil - traders
By Valerie Parent and Michael Hogan
Iran is seeking to close grain purchases using gold and oil as payment, and has paid in yen for a large ...
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Turkmen citizens need political, economic reform
By Jax Jacobsen
Turkmenistan is scheduled to hold a presidential “election” on Sunday, in a vote that is expected to return Gurbanguly Berdymukhammedov to power. While his ...
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Prices and Statistics
Volume and Share Index by Visor Capital
Date: February 10, 2012; Source: Visor Capital
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Market Movers by Visor Capital
Date: February 10, 2012; Source: Visor Capital
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Oil and Gas Prices
Date: February 10, 2012; Source: Bloomberg.com
| Petroleum
($/bbl) |
|
Price* |
Change |
%Change |
Time |
| Nymex Crude Future |
99.47
|
-0.37
|
-0.37
|
01:46 |
| Dated Brent Spot |
118.03 |
-0.62 |
-0.52
|
01:57 |
| WTI Cushing Spot |
99.84
|
1.13 |
1.14
|
02/09 |
| Petroleum
(cent/gal) |
|
Price* |
Change |
%Change |
Time |
| Nymex Heating Oil Future |
320.97
|
0.12
|
0.04 |
01:45
|
| Nymex RBOB Gasoline Future |
300.69
|
-0.59 |
-0.20 |
01:36 |
| Natural gas
($/MMBtu) |
|
Price* |
Change |
%Change |
Time |
| Nymex Henry Hub Future |
2.47 |
-0.01 |
-0.48 |
01:47 |
| Henry Hub Spot |
2.50 |
0.01 |
0.40 |
02/09 |
| New York City Gate Spot |
2.80
|
0.01
|
0.36 |
02/09
|
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Commodities
Date: February 10, 2012; Source: Bloomberg.com
| Commodity |
Price |
Change |
%Change |
Time |
| COPPER FUTURE (USd/lb.) |
394.150 |
-3.700 |
-0.93 |
01:49 |
| GOLD 100 OZ FUTR (USD/t oz.) |
1,732.500
|
-8.700
|
-0.50
|
01:48 |
| SILVER FUTURE (USD/t oz.) |
33.860 |
-0.057
|
-0.17
|
01:48 |
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Metal Prices
Date: February 10, 2012; Source: Kitco.com
| Silver |
33.89 |
-0.01 |
| Platinum |
1648.00 |
-8.00
|
| Palladium |
706.00
|
-3.00
|
| Rhodium |
1,500.00 |
+25.00
|
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Exchange rates
Date: February 10, 2012; Source: the National Bank of Kazakhstan
| 1 USD |
KZT 148.49 |
1 CHF |
KZT 163.21 |
1 CNY |
KZT 23.59 |
1 TRY |
KZT 85.03 |
10 JPY |
KZT 1.92 |
| 1 EUR |
KZT 197.46 |
1 AUD |
KZT 160.52 |
1 KGS |
KZT 3.17 |
1 UZS |
KZT 0.08 |
|
|
| 1 GBP |
KZT 235.21 |
1 CAD |
KZT 149.24 |
1 RUB |
KZT 4.99 |
1 KRW |
KZT 13.32 |
|
|
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