News: Tuesday, May 22, 2012 -- Issue 1521 
Article of the Day
President Nazarbayev opens 25th FIC session
The 25th jubilee plenary session of the Foreign Investors' Council (FIC) under the President of the Republic of Kazakhstan has kicked off at Rixos President Hotel in Astana.
"14 years ago we have established the Foreign Investors' Council and you all may remember in what situation Kazakhstan was at that time. Look how far we have come. Your share in Kazakhstan's success is enormous. I genuinely want to thank you for your work and wish you good health and success in your work," President Nazarbayev said.
The Head of State congratulated the participants on the 25th jubilee plenary session and stressed that the FIC had become an open dialogue platform important both for the investors and Kazakhstan, Gazeta.kz reports siting Kazinform.
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Kazakhstan General
Kazakhstan to host CSTO peacemaking exercise in September
Kazakhstan will host maneuvers of CSTO peacemaking forces in September, 2012, the Secretary General of the Collective Security Treaty Organization said.
“This will be the first exercises ...
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Kazakhstan, EU to discuss extension of partnership
By Trend.az
A second round of negotiations on a new agreement to expand the partnership and cooperation between Kazakhstan and the European Union will be held in ...
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Oil and Gas Sector
Minister: Kazakh gov’t not involved in Italian Eni scandal
By D. Mukhtarov
The Kazakh government has nothing to do with the bribery scandal surrounding the Italian Eni company, Kazakh Oil and Gas Minister Sauat Mynbayev said.
“It ...
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Kazakhstan hopes to settle down situation with oil supplies to Pavlodar Petrochemical Plant
By E. Kosolapova
Kazakhstan hopes to settle down the problem with Russian oil supplies to the Pavlodar Petrochemical Plant after appointments in the Russian government, Kazakh Oil ...
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KazMunaiGaz, Pertamina to Study Oilfield Development, Fuel Sales
By Nariman Gizitdinov and Svetlana Antoncheva (Bloomberg).
PT Pertamina, Indonesia’s state-owned oil company, agreed to study joint sales of oil products inKazakhstan with KazMunaiGaz National Co., the ...
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Verdicts Pronounced In Kazakh Riot Case
By RFE/RL
A court in Aqtau, the capital of the Manghystau region in western Kazakhstan, has sentenced three local men from the small town of Shetpe to ...
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Energy Industry
Kazatomprom: Nuclear power plant in Kazakhstan can become one of safest in world
By D. Mukhtarov (Kazworld.info)
A nuclear power plant in Kazakhstan, if a decision on its construction is made, will not be afraid of tsunamis which damaged the ...
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Finance and Investment
Ajman Free Zone attracts businesses and investors in Kazakhstan.
Ajman Free Zone, one of the most advanced and largest Free Trade Zones in the Middle East announces lucrative investment opportunities and incentives for Kazakh business ...
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Kazakhstan, Poland to host business forum in Almaty
The Kazakh-Polish Business Forum will be held in Almaty on May 24, Trade and Investments Department of the Embassy of Poland to Kazakhstan reports.
The delegation of ...
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Kazakhstan and Turkey to sign bilateral agreements
"Turkish Prime Minister Recep Tayyip Erdogan is expected to visit Kazakhstan on May 22-24," the Kazakh Foreign Ministry's official representative Altay Abibullayev said today at a ...
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Metals and Minerals
ArcelorMittal's Kazakh Workers Demand Pay Hike
By manufacturing.net
ALMATY, Kazakhstan (AP) -- Workers at a Kazakhstan plant owned by Luxembourg-based steel giant ArcelorMittal have held a demonstration to demand higher salaries.
The company said ...
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Communications and Transportation
World's latest IT developments showcased in Kazakhstan
"Connect Kazakhstan-2012" exhibition and conference has opened within the frame of the 5th Astana Economic Forum today.
During the two-day conference IT experts are expected to discuss ...
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Kazakhstan established close cooperation with GE Transportation - President Nazarbayev
Kazakh President Nursultan Nazarbayev received President and Chief Executive Officer of General Electric Transportation Lorenzo Simonelli on Monday in Astana, the Presidential press service said.
Nazarbayev said ...
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Tele2 Kazakhstan has reached 2 million customers
By Reuters.
Stockholm – (Press Release) Tele2 today announced that its Kazakh operations has reached 2 million customers in total. Tele2 has now successfully launched its operations ...
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Culture and Society
Cinema business in Kazakhstan
The Government is paying special attention to Kazakh cinema. Last year, the Cars 2 animated film was dubbed into the Kazakh language. The dubbing cost 100 ...
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Pharmaceutical and Healthcare News
Kazakhstan opens medical technology centre
By Caspionet
Almaty has witnessed the opening of and educational centre for medical technology.
The project was implemented due to the address of the head of state, ...
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In 2012, the Health Train will visit 284 stations
By Caspionet
Beginning from 2010, Kazakhstan is implementing a programme of medical trains.
These trains are equipped with modern facilities which allow medical checkups to be done ...
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Regional News
Kyrgyzstan wants to establish free trade with U.S.
By Trend.az
Kyrgyzstan initiates the negotiations with Washington on an agreement on free trade between the two countries, RIA-Novosti reported with reference to the country's Foreign Minister ...
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79 Arrested in Ethnically-Charged Mass Street Fight
By The Moscow Times
A mass fight between citizens of Kyrgyzstan and Uzbekistan resulted in dozens of arrests, with at least one person hospitalized.
Police responded to ...
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Tajikistan Gives Thumbs-Down To 'Dictator'
By RFE/RL
The head of Tajikistan's leading film-distribution company says "The Dictator," the new satire from comedian and actor Sacha Baron Cohen, won't be shown in Tajik ...
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Prices and Statistics
Volume and Share Index by Visor Capital
Date: May 22, 2012; Source: Visor Capital
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Market Movers by Visor Capital
Date: May 22, 2012; Source: Visor Capital
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Oil and Gas Prices
Date: May 22, 2011; Source: Bloomberg.com
| Petroleum
($/bbl) |
|
Price* |
Change |
%Change |
Time |
| Nymex Crude Future |
92.94
|
0.37
|
0.40
|
01:48 |
| Dated Brent Spot |
109.99 |
-0.30 |
-0.28
|
02:00 |
| WTI Cushing Spot |
92.57 |
1.09 |
1.19
|
05/21 |
| Petroleum
(cent/gal) |
|
Price* |
Change |
%Change |
Time |
| Nymex Heating Oil Future |
286.58
|
0.55
|
0.19 |
01:36
|
| Nymex RBOB Gasoline Future |
294.30
|
0.29 |
0.10 |
01:32 |
| Natural gas
($/MMBtu) |
|
Price* |
Change |
%Change |
Time |
| Nymex Henry Hub Future |
2.64 |
0.03 |
1.03 |
01:48 |
| Henry Hub Spot |
2.59 |
0.03 |
1.17 |
05/21 |
| New York City Gate Spot |
2.70
|
0.13
|
5.06 |
05/21
|
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Commodities
Date: May 22, 2012; Source: Bloomberg.com
| Commodity |
Price |
Change |
%Change |
Time |
| COPPER FUTURE (USd/lb.) |
352.150 |
1.950 |
0.56 |
01:52 |
| GOLD 100 OZ FUTR (USD/t oz.) |
1,590.000
|
1.300
|
0.08
|
01:54 |
| SILVER FUTURE (USD/t oz.) |
28.440 |
0.119
|
0.42
|
01:52 |
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Metal Prices
Date: May 22, 2012; Source: Kitco.com
| Silver |
28.47 |
0.00 |
| Platinum |
1466.00
|
+2.00
|
| Palladium |
613.00
|
+3.00
|
| Rhodium |
1,325.00 |
0.00
|
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Exchange rates
Date: May 22, 2012; Source: the National Bank of Kazakhstan
| 1 USD |
KZT 147.99 |
1 CHF |
KZT 157.37 |
1 CNY |
KZT 23.39 |
1 TRY |
KZT 81.13 |
10 JPY |
KZT 1.86 |
| 1 EUR |
KZT 189.00 |
1 AUD |
KZT 145.76 |
1 KGS |
KZT 3.14 |
1 UZS |
KZT 0.08 |
1 BYR |
KZT 0.02 |
| 1 GBP |
KZT 234.05 |
1 CAD |
KZT 145.17 |
1 RUB |
KZT 4.74 |
1 KRW |
KZT 12.67 |
1 UAH |
KZT 18.38 |
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