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News: Friday, May 18, 2012 -- Issue 1519 http://www.newsline.kz/rss/

Article of the Day

Sarkozy hopes his successor will continue partnership with Kazakhstan
    Ex-president of France Nicolas Sarkozy sent a follow-up letter to President Nursultan Nazarbaev, the Kazakh presidential press statement said.
    "I sincerely wish my successor will continue the ...
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Kazakhstan General

Kasymov – bring back VP of Ideology post
    Senator Gani Kasymov has made a statement that Kazakhstan should bring back to Soviet-era position of Vice Premier of Ideology, Culture, and History.
    He added the state ...
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Some Kazakhstani officials are gay
    Certain Kazakhstani officials are gay, Tengrinews.kz reports citing Director of the Kazakhstan Bureau for Human Rights and Rule of Law Roza Akylbekova as saying at the ...
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Oil and Gas Sector

KMG EP ne income rises 27% in Q1
    Export sales of oil from Ozenmunaigas and EmbaMunaiGas totaled 1.5 million tons from January to March 2012, while deliveries to the domestic market amounted to 457 ...
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Kashagan Pilot production to start by year end
    By Aidana Ussupova
    Pilot oil production will start at Kashagan by the end of the year, Tengrinews.kz reports citing Chairman of KazMunaiGas Lyazzat Kiinov as stating after ...
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Financial police to investigate into Kashagan bribe allegations
    The Italian authorities have not turned to Kazakhstan’s financial police with regards to allegations that Eni, an Italian oil major, resorted to giving bribes when penning ...
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Kazakhstan sells LUKoil geological materials for $3 million
    Kazakhstan has sold LUKoil geological materials worth $3 million, Tengrinews.kz reports citing President of LUKoil Vagit Alekperov as saying after the signing of several agreements with ...
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Kazakh court sentences policeman in riot trial
    By Robin Paxton
    A court in Kazakhstan sentenced a police officer to five years in jail on Thursday for his actions during last year's deadly riots that ...
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Tensions mount and troops reenter Zhanaozen
    Tensions among the ordinary populace of Zhanaozen rose on the eve of the court verdict for protest organizers and police officers that were accused of abuse ...
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Venezuela economy grows at fastest pace in almost four years
    By Charlie Devereux
    Venezuela’s economy grew at the fastest pace since 2008 in the first quarter as record oil revenue allowed President Hugo Chavez to finance ...
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Oil hovers below $93 after sharp 2-week sell-off
    Oil prices hovered below $93 a barrel Friday in Asia, pausing after the latest twists in Europe's debt crisis triggered a sharp two-week selloff.
    Benchmark oil for ...
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Finance and Investment

Austria and Kazakhstan to develop partnership in tourism
    Ambassador of Kazakhstan to Austria Kairat Abdrakhmanov paid a visit to the federal state of Salzburg, a press statement from the Kazakh Foreign Ministry said, Kazinform ...
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Marchenko rejects suggestions for single pension fund
    Central Bank Governor Gregory Marchenko has said he doesn’t support recent suggestions to merge all the country’s pension funds into a single fund.
    He made the ...
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Communications and Transportation

Almaty could get separate lanes for public transport in 2014
    The city of Almaty could adopt separate lanes for public transport by 2014.
    The movement of private vehicles on such lanes would be restricted, Tengrinews.kz said, ...
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Pharmaceutical and Healthcare News

National medical holding clinics to be ready for medical tourists by 2014
    Clinics under the umbrella of Kazakhstan’s National Medical Holding Company (NMH) in Kazakhstan will be ready to accept medical tourists by 2014, Deputy Chairman of the ...
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Regional News

Afghan conference objectives must be met to ensure peace
    Analysis by M. Ashraf Haidari
    Last December in Bonn, Afghanistan chaired and Germany hosted an international conference on 'Afghanistan and the International Community: From Transition to the ...
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Uzbekistan aims to join China gas supply route in 2012
    By Dmitry Solovyov
    TASHKENT, May 17 (Reuters) - Uzbekistan aims to start pumping natural gas to China this year through a pipeline spanning three Central Asia states, ...
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Ukrainian PM admits no discounts from 2010 gas deal with Moscow
    By Dmytro Shurkhalo
    Meeting with members of the European Parliament in Brussels this week, Ukrainian Prime Minister Mykola Azarov acknowledged what the critics of President Viktor Yanukovych ...
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Prices and Statistics

Oil and Gas Prices
    Date: May 18, 2011; Source: Bloomberg.com
Petroleum ($/bbl)
Price* Change %Change Time
Nymex Crude Future

91.72

-0.84

-0.91

01:41
Dated Brent Spot 107.50 -0.42

-0.39

01:52
WTI Cushing Spot 92.56 -0.25

-0.27

05/17
Petroleum (cent/gal)
Price* Change %Change Time
Nymex Heating Oil Future

283.00

-1.90

-0.67

01:38

Nymex RBOB Gasoline Future

286.19

-1.63 -0.57 01:30
Natural gas ($/MMBtu)
Price* Change %Change Time
Nymex Henry Hub Future 2.61 0.02 0.77 01:42
Henry Hub Spot 2.61 0.11 4.40 05/17
New York City Gate Spot

2.69

0.05

1.89

05/17

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Commodities
    Date: May 18, 2012; Source: Bloomberg.com
Commodity Price Change %Change Time
COPPER FUTURE (USd/lb.) 346.150 -1.750 -0.50 01:50
GOLD 100 OZ FUTR (USD/t oz.)

1,571.300

-3.600

-0.23

01:49
SILVER FUTURE (USD/t oz.) 27.885

-0.135

-0.48

01:50

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Metal Prices
    Date: May 18, 2012; Source: Kitco.com
Silver 27.95 -0.10
Platinum

1447.00

-2.00

Palladium

599.00

-2.00

Rhodium 1,325.00

0.00

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Exchange rates
    Date: May 18, 2012; Source: the National Bank of Kazakhstan
1 USD KZT 148.03 1 CHF KZT 156.73 1 CNY KZT 23.40 1 TRY KZT 81.38 10 JPY KZT 1.84
1 EUR KZT 188.22 1 AUD KZT 147.02 1 KGS KZT 3.14 1 UZS KZT 0.08 1 BYR KZT 0.02
1 GBP KZT 235.22 1 CAD KZT 146.25 1 RUB KZT 4.78 1 KRW KZT 12.72 1 UAH KZT 18.39

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