Issue 2931 - 22.02.2018
22.02.2018

Almaty mayor presents the city's development plan until 2020

In the course of the town hall meeting today, mayor of Almaty Bauyrzhan Baibek said that in the future the city will continue to develop with walkability in mind, Kazinform correspondent reports.

Akim Baibek stressed that it is important to ensure that all amenities are available to Almaty residents within a 20-minute walk.

He added that this year it is planned to revitalize 7 parks and squares in Medeu and Bostandyk districts, as well as a number of streets in the Almaty core, pointing out that a 30% increase in pedestrian traffic and 17% in retail turnover can be expected as the result of this work.

Mayor of Almaty also noted that the principle of polycentricity is applied not only in the downtown core but in all districts of Kazakhstan's largest city. For example, according to him, Nauryzbay district now has a new administrative center, 2 schools, 3 polyclinics, post and bank offices, as well as a leisure center along the Kargaly River.

Bauyrzhan Baibek stressed that the city's attractiveness is largely determined by its safety, adding that Almaty pays a lot of attention to preventing crime and in order to achieve that plans to introduce CCTV cameras on all of its streets.

He also added that realizing the fact that a well-lit city is safer, the city of Almaty plans to extend its street lighting network by 137 km in 2018.

This year, according to akim, it is also planned to begin construction of two mud-dams on the Bolshaya Almatinka, and in the basin of the Aksay River. He stressed that in 2017, in order to reduce the risk of mudflows, 9 moraine lakes in the mountainous areas were drained.

According to the mayor's data, in 2017, 70% of schools and more than 40% of kindergartens have been reinforced to withstand earthquakes, over 7,000 building were tested to be earthquake-resistant.

In 2017, in Almaty, 27 km of its drainage network were repaired and this year it is planned to repair an additional 31 km.

Baibek also addressed the Kok-Zhailau resort construction controversy.

"We've carefully analyzed the feedback on the project. The feasibility study is being reworked and will be presented in June. We will take into account all critical comments. It will be a year-round resort (...) Area of skiing runs has been decreased 3fold, number of hotels 10fold. We are considering alternative routes of the highway. There will be no private cottages in the resort. If we see cottages, the project will be canceled," said mayor Baibek, adding that French partners help develop the project.

According to Bauyrzhan Baibek, the project will meet requirements under the Aarhus Convention.

Based on a poll conducted in the city, 80% of Almaty residents support the project. If the project has more cons than pros and does harm to local environment, it will be canceled altogether, the mayor added.

Reported by Kazinform.

Kazakhstan General

22.02.2018

Parliament approves amendments outsourcing employment services to private agencies

At a plenary session, the Kazakh Parliament approved in the first reading the amendments to the legislation providing for the transfer of employment services to private employment agencies, Kazpravda reports.

As Labour and Social Protection Minister Madina Abylkasymova noted, the purpose of this bill is, among other things, reforming of the...

At a plenary session, the Kazakh Parliament approved in the first reading the amendments to the legislation providing for the transfer of employment services to private employment agencies, Kazpravda reports.

As Labour and Social Protection Minister Madina Abylkasymova noted, the purpose of this bill is, among other things, reforming of the...

22.02.2018

Wages to employment agencies’ employees to be raised in Kazakhstan

During the press conference in the media center of the Ministry of Labor and Social Protection, the vice minister of the department Nurzhan Altayev said that in the near future it is planned to raise the wages of the employment centers’ employees, Kazpravda.kz reports.

In addition, he noted, there is a...

During the press conference in the media center of the Ministry of Labor and Social Protection, the vice minister of the department Nurzhan Altayev said that in the near future it is planned to raise the wages of the employment centers’ employees, Kazpravda.kz reports.

In addition, he noted, there is a...

22.02.2018

Labour Ministry intends to create over half a million jobs in 2018

Minister of Labour and Social Protection of the Population of Kazakhstan Madina Abylkassymova told about jobs planned to be created this year, Kazinform reports.

"Within the framework of the Productive Employment and Mass Entrepreneurship Programme, as well as other sectoral government-sanctioned programs, we plan to create 571,000 jobs this year alone....

Minister of Labour and Social Protection of the Population of Kazakhstan Madina Abylkassymova told about jobs planned to be created this year, Kazinform reports.

"Within the framework of the Productive Employment and Mass Entrepreneurship Programme, as well as other sectoral government-sanctioned programs, we plan to create 571,000 jobs this year alone....

22.02.2018

Unsteady weather to stay in Kazakhstan through weekend

Unsteady weather will persist across most regions of Kazakhstan for the rest of the week, Kazinform has learnt from Kazhydromet. "Snowfall, blizzards, stiff winds with gusts up to 15-20 mps and icy conditions on roads are forecast for parts of most regions. On some days fogs will blanket the country....

Unsteady weather will persist across most regions of Kazakhstan for the rest of the week, Kazinform has learnt from Kazhydromet. "Snowfall, blizzards, stiff winds with gusts up to 15-20 mps and icy conditions on roads are forecast for parts of most regions. On some days fogs will blanket the country....

Oil and Gas Sector

22.02.2018

Kashagan oil field inching toward design capacity

It could take the rest of the year for the Kashagan oil field in the Kazakh waters of the Caspian Sea to reach its full design capacity, the operator said.

The Kashagan oil field offshore Kazakhstan was declared a commercial prospect in 2002. Development, however, has been impeded by a series...

It could take the rest of the year for the Kashagan oil field in the Kazakh waters of the Caspian Sea to reach its full design capacity, the operator said.

The Kashagan oil field offshore Kazakhstan was declared a commercial prospect in 2002. Development, however, has been impeded by a series...

22.02.2018

Tethys Petroleum Ltd.: Republic of Kazakhstan Supreme Court dismisses EGG claims

Tethys Petroleum Limited (TSX: TPL) ("Tethys" or the "Company") today announces that following a hearing on February 14, 2018, the Republic of Kazakhstan Supreme Court ("Supreme Court") has ruled to dismiss the claims made by Eurasia Gas Group LLP ("EGG") against the Company's Kazakhstan subsidiary, Tethys Aral Gas LLP ("TAG")...

Tethys Petroleum Limited (TSX: TPL) ("Tethys" or the "Company") today announces that following a hearing on February 14, 2018, the Republic of Kazakhstan Supreme Court ("Supreme Court") has ruled to dismiss the claims made by Eurasia Gas Group LLP ("EGG") against the Company's Kazakhstan subsidiary, Tethys Aral Gas LLP ("TAG")...

22.02.2018

Embankment in Atyrau to be built using contributions from oil companies

In Atyrau in 2018 a city embankment will be landscaped. This was reported by the Mayor of Atyrau region Nurlan Nogayev at a meeting with the population, the regional communications service reports.

Nurlan Nogaev explained that the embankment landscaping will start from the Beibarys bridge to the Banana Bank near the...

In Atyrau in 2018 a city embankment will be landscaped. This was reported by the Mayor of Atyrau region Nurlan Nogayev at a meeting with the population, the regional communications service reports.

Nurlan Nogaev explained that the embankment landscaping will start from the Beibarys bridge to the Banana Bank near the...

22.02.2018

TCO in 2017 produced a record volume of oil

Tengizchevroil LLP (Tengizchevroil), developer of the Tengiz oil and gas field in Atyrau region, which celebrates its 25th anniversary in early April, summed up its work in 2017 and once again confirmed its position of the leader of Kazakhstan's oil and gas industry, the company said on Wednesday.

At the end...

Tengizchevroil LLP (Tengizchevroil), developer of the Tengiz oil and gas field in Atyrau region, which celebrates its 25th anniversary in early April, summed up its work in 2017 and once again confirmed its position of the leader of Kazakhstan's oil and gas industry, the company said on Wednesday.

At the end...

22.02.2018

Rosneft to purchase gas from Gazprom

Russia’s Rosneft oil and gas company has signed a contract on buying 5 bln cubic meters of gas from the nation’s energy giant Gazprom at a regulated price, several industry sources informed Kommersant. The oil company needs gas to meet its obligations under long-term contracts. Initially, Rosneft planned to close...

Russia’s Rosneft oil and gas company has signed a contract on buying 5 bln cubic meters of gas from the nation’s energy giant Gazprom at a regulated price, several industry sources informed Kommersant. The oil company needs gas to meet its obligations under long-term contracts. Initially, Rosneft planned to close...

22.02.2018

Med Crude-Urals differentials up in northwest Europe

Kazakhstan’s benchmark Urals’ differentials firmed on Wednesday in northwest Europe as demand for the grade reappeared after the release of March loading plan.

Urals loading plan for the next month released on Wednesday showed a slight rise of exports in March compared to February.

Urals exports from Baltic ports set at 5.6...

Kazakhstan’s benchmark Urals’ differentials firmed on Wednesday in northwest Europe as demand for the grade reappeared after the release of March loading plan.

Urals loading plan for the next month released on Wednesday showed a slight rise of exports in March compared to February.

Urals exports from Baltic ports set at 5.6...

22.02.2018

Global oil prices drift amid U.S. dollar strength, U.S. output forecasts

Global oil markets extended declines Wednesday as a stronger dollar and rising output forecasts continue to pressure crude prices ahead of a series of updates on domestic energy inventories.

The American Petroleum Institute will publish its weekly estimate of domestic crude stocks at 4:30 eastern time, with official data fr om the Energy...

Global oil markets extended declines Wednesday as a stronger dollar and rising output forecasts continue to pressure crude prices ahead of a series of updates on domestic energy inventories.

The American Petroleum Institute will publish its weekly estimate of domestic crude stocks at 4:30 eastern time, with official data fr om the Energy...

Energy Industry

22.02.2018

Kazakhstan scholars invent lamps imitating solar light

Lamps imitating solar light are being developed in Kazakhstan. "A group of local and foreign scientists jointly with Kazakhstan company Led System Media have developed LED filament lamps of the second generation for innovative facilities and green-house," the Science Committee of the Kazakh Ministry of Education and Science posted on...

Lamps imitating solar light are being developed in Kazakhstan. "A group of local and foreign scientists jointly with Kazakhstan company Led System Media have developed LED filament lamps of the second generation for innovative facilities and green-house," the Science Committee of the Kazakh Ministry of Education and Science posted on...

Finance and Investment

22.02.2018

Kazakhstan’s external debt increases $75 billion in 10 years

Kazakhstan’s external debt has increased $74.6 billion to $168.9 billion in the past ten years as of October 2017, according to Kazakh National Bank press service.

The nation’s financial regulator cited several reasons for the increase. Intercompany debts have the largest share in debt structure accounting for 62 percent and totalling...

Kazakhstan’s external debt has increased $74.6 billion to $168.9 billion in the past ten years as of October 2017, according to Kazakh National Bank press service.

The nation’s financial regulator cited several reasons for the increase. Intercompany debts have the largest share in debt structure accounting for 62 percent and totalling...

22.02.2018

EDB considering the possibility of conducting internal settlements in the currencies of member countries

The Eurasian Development Bank is considering the possibility of conducting internal settlements using the currencies of the participating countries of the development institute. This was stated in an interview with Tass by the head of the EDB Andrei Belyaninov.

"I want to say that now there is a great need for...

The Eurasian Development Bank is considering the possibility of conducting internal settlements using the currencies of the participating countries of the development institute. This was stated in an interview with Tass by the head of the EDB Andrei Belyaninov.

"I want to say that now there is a great need for...

22.02.2018

China’s Development Bank registers at AIFC

Astana International Financial Centre’s (AIFC) Financial Services Regulatory Committee recently registered the Development Bank of China, which makes it the 10th participant of the centre. It is expected that by the end of this year that number will reach approximately 100.

“The main news for today is the registration of the...

Astana International Financial Centre’s (AIFC) Financial Services Regulatory Committee recently registered the Development Bank of China, which makes it the 10th participant of the centre. It is expected that by the end of this year that number will reach approximately 100.

“The main news for today is the registration of the...

22.02.2018

KASE day session: USDKZT_TOD = 319.60

Based on results of trades on the spot-market:

- weighted average US dollar rate with settlements T+0 in tenge (USDKZT_TOD) made KZT319.60 per US dollar at the trades volume USD70,900 th.;

- on US dollar with settlements Т+1 and Т+2 in tenge no deals were made, at the session close quotes in...

Based on results of trades on the spot-market:

- weighted average US dollar rate with settlements T+0 in tenge (USDKZT_TOD) made KZT319.60 per US dollar at the trades volume USD70,900 th.;

- on US dollar with settlements Т+1 and Т+2 in tenge no deals were made, at the session close quotes in...

22.02.2018

Dollar rises as short-term yields climb; Fed minutes awaited

The dollar rose on Wednesday, extending its recovery from a three-year low last week, helped by buoyant short-term Treasury yields, and as traders awaited the release of minutes of the Federal Reserve’s recent policy meeting that could offer clues on the pace of future interest rate hikes.

The dollar index .DXY,...

The dollar rose on Wednesday, extending its recovery from a three-year low last week, helped by buoyant short-term Treasury yields, and as traders awaited the release of minutes of the Federal Reserve’s recent policy meeting that could offer clues on the pace of future interest rate hikes.

The dollar index .DXY,...

Metals and Minerals

22.02.2018

KAZ Minerals considers Baimskoye deposit’s acquisition

On February 16, KAZ Minerals reported that it is considering the acquisition of a majority stake in the Baimskoye gold and copper deposit.

Baimskoye is located in the Chukotka Russian Federation and has resources of 9.5mn tons of copper at an average grade of 0.43% and 16.5mn ounces of gold at...

On February 16, KAZ Minerals reported that it is considering the acquisition of a majority stake in the Baimskoye gold and copper deposit.

Baimskoye is located in the Chukotka Russian Federation and has resources of 9.5mn tons of copper at an average grade of 0.43% and 16.5mn ounces of gold at...

22.02.2018

Kaz Minerals lowered to sell at Zacks Investment Research

Kaz Minerals (OTCMKTS:KZMYY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Friday, February 2nd.

According to Zacks, “KAZ Minerals PLC is involved in mining, producing and selling copper concentrates primarily in Kazakhstan and Kyrgyzstan. The...

Kaz Minerals (OTCMKTS:KZMYY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Friday, February 2nd.

According to Zacks, “KAZ Minerals PLC is involved in mining, producing and selling copper concentrates primarily in Kazakhstan and Kyrgyzstan. The company’s operating segment...

22.02.2018

Gold hits 1-week low on strong dollar; Fed minutes awaited

Gold prices hit their lowest in a week on Wednesday as the dollar steadied after a recovery from last week's three-year low, while investors awaited the minutes of the U.S. Federal Reserve's last policy meeting for clues on the pace of interest rate hikes this year.

Spot gold was down 0.2...

Gold prices hit their lowest in a week on Wednesday as the dollar steadied after a recovery from last week's three-year low, while investors awaited the minutes of the U.S. Federal Reserve's last policy meeting for clues on the pace of interest rate hikes this year.

Spot gold was down 0.2...

22.02.2018

Copper hits one-week low as dollar gains ahead of Fed minutes

London copper futures edged lower on Wednesday as the dollar touched a one-week high versus a basket of major currencies, with trading volumes in Asia staying lean as Chinese markets remained shut for the Lunar New Year break.

Benchmark copper on the London Metal Exchange was off 0.3 percent at $7,067.50...

London copper futures edged lower on Wednesday as the dollar touched a one-week high versus a basket of major currencies, with trading volumes in Asia staying lean as Chinese markets remained shut for the Lunar New Year break.

Benchmark copper on the London Metal Exchange was off 0.3 percent at $7,067.50...

Agriculture

22.02.2018

Amendments extending moratorium on farming land lease to foreign entities okayed

The Kazakh Parliament approved in the second reading the amendments, that distitle enterprises with any foreign stakes in the statutory fund, from rights to the farming land, Kazpravda.kz correspondent reports.

According to MP Berik Ospanov, the amendments extend the moratorium on granting agricultural land to joint ventures with foreign stakes or...

The Kazakh Parliament approved in the second reading the amendments, that distitle enterprises with any foreign stakes in the statutory fund, from rights to the farming land, Kazpravda.kz correspondent reports.

According to MP Berik Ospanov, the amendments extend the moratorium on granting agricultural land to joint ventures with foreign stakes or...

22.02.2018

Single agricultural tax to be introduced in Kazakhstan

The Ministry of Agriculture will introduce a single agricultural tax. This was reported by the First Vice-Minister of Agriculture Arman Yevniev during a round table on priorities in the development of the agro-industrial complex for 2017-2021 in the Senate of the Parliament of Kazakhstan, Kazinform reports.

"With regard to improving the...

The Ministry of Agriculture will introduce a single agricultural tax. This was reported by the First Vice-Minister of Agriculture Arman Yevniev during a round table on priorities in the development of the agro-industrial complex for 2017-2021 in the Senate of the Parliament of Kazakhstan, Kazinform reports.

"With regard to improving the...

22.02.2018

In 2018, the EAEU to increase the planted areas under grains and pulses by over 700 thsd ha

In 2018, the Eurasian Economic Union will increase the planted areas under grains and pulses by 778.7 thsd ha, forecasted the press-service of the Eurasian Economic Commission (EEC) on February 4.

Generally, in the reporting year the EAEU will increase the areas to 110.6 mln ha, up 2.5% compared with the...

In 2018, the Eurasian Economic Union will increase the planted areas under grains and pulses by 778.7 thsd ha, forecasted the press-service of the Eurasian Economic Commission (EEC) on February 4.

Generally, in the reporting year the EAEU will increase the areas to 110.6 mln ha, up 2.5% compared with the...

22.02.2018

Kazakh Agrotechnical University to be country’s centre for agro-sector digitisation

Seifullin Kazakh Agrotechnical University will become the scientific and methodological centre for digitisation in the agro-industrial sector, university rector Akhylbek Kurishbayev said at a Feb. 16 press conference marking the beginning of a new phase of cooperation between the university and the local government.

The university and the Akmola region akimat...

Seifullin Kazakh Agrotechnical University will become the scientific and methodological centre for digitisation in the agro-industrial sector, university rector Akhylbek Kurishbayev said at a Feb. 16 press conference marking the beginning of a new phase of cooperation between the university and the local government.

The university and the Akmola region akimat...

22.02.2018

KazGrain 2018: on March 16, Astana to become the center of international trade with grains and flour

On March 16, representatives of grain trading and logistics companies, agricultural holdings, agricultural producers, processors, industry associations and international experts from 15 countries will come together in Astana within frames of the international conference KazGrain 2018, to discuss the current trends of the global and Kazakh markets...

On March 16, representatives of grain trading and logistics companies, agricultural holdings, agricultural producers, processors, industry associations and international experts from 15 countries will come together in Astana within frames of the international conference KazGrain 2018, to discuss the current trends of the global and Kazakh markets of grains and...

22.02.2018

North Kazakhstan seeks investors for timber projects

Timber producers of North Kazakhstan are developing new technologies of wood processing. 

Head of the Department of Natural Resources and Subsoil Management Kabiden Sadvakassov said that every year the region processes around 80-100 thousand cubic meters of local wood.

Last year ABD-Ormany jointly with North-Kazakhstan State University received KZT300 million as a...

Timber producers of North Kazakhstan are developing new technologies of wood processing. 

Head of the Department of Natural Resources and Subsoil Management Kabiden Sadvakassov said that every year the region processes around 80-100 thousand cubic meters of local wood.

Last year ABD-Ormany jointly with North-Kazakhstan State University received KZT300 million as a...

22.02.2018

Wheat hits 2-week low, soyabeans ease from 7-month peak

Chicago wheat prices slid for a third session on Wednesday to mark a two-week low, pressured by plentiful world supplies and crop-friendly weather in some key exporting countries.

Soyabean prices inched down, but stayed close to their highest in nearly seven months on concerns that dry weather in Argentina could cause...

Chicago wheat prices slid for a third session on Wednesday to mark a two-week low, pressured by plentiful world supplies and crop-friendly weather in some key exporting countries.

Soyabean prices inched down, but stayed close to their highest in nearly seven months on concerns that dry weather in Argentina could cause...

Communications and Transportation

22.02.2018

Aktobe to transform into smart city

Governor of Aktobe region Berdybek Saparbayev talked about about the key points of Smart Aktobe project, Kazinform reports.

"We have set out 6 main areas of Smart City project that will be integrated into a unified system: a safe city, digital akimat [city administration], educational system, digital power system, digital housing...

Governor of Aktobe region Berdybek Saparbayev talked about about the key points of Smart Aktobe project, Kazinform reports.

"We have set out 6 main areas of Smart City project that will be integrated into a unified system: a safe city, digital akimat [city administration], educational system, digital power system, digital housing...

22.02.2018

Mangistau region earmarks over 5bln for road repair

Governor of Mangistau region Yeraly Tugzhanov focused on construction of roads at the reporting meeting with the public on Wednesday.

At the onset of the meeting, governor Tugzhanov reminded of the task set by President Nazarbayev to improve mobility within the region. 

"To that end, up to 150 billion tenge will be...

Governor of Mangistau region Yeraly Tugzhanov focused on construction of roads at the reporting meeting with the public on Wednesday.

At the onset of the meeting, governor Tugzhanov reminded of the task set by President Nazarbayev to improve mobility within the region. 

"To that end, up to 150 billion tenge will be...

Regional News

22.02.2018

China aims for 2020 steel targets

China aims to meet its target for reducing steel production capacity two years earlier than planned, the industry ministry said in a statement on Wednesday, as the world's top steel producer ramps up its years-long push to reduce excess output.

The original plan called for reducing 150 million tons of steel...

China aims to meet its target for reducing steel production capacity two years earlier than planned, the industry ministry said in a statement on Wednesday, as the world's top steel producer ramps up its years-long push to reduce excess output.

The original plan called for reducing 150 million tons of steel...

22.02.2018

Juvenile delinquency cases decline for 9 years in China

Minor juvenile delinquency cases have declined for nine consecutive years and remain at a low level, according to a work team on preventing juvenile delinquency.

The team said that extra attention should be given to youth who might be harmed by extreme religious thoughts, drugs, and cyber crime.

The team will promote...

Minor juvenile delinquency cases have declined for nine consecutive years and remain at a low level, according to a work team on preventing juvenile delinquency.

The team said that extra attention should be given to youth who might be harmed by extreme religious thoughts, drugs, and cyber crime.

The team will promote...

22.02.2018

Russian, Austrian railway companies to develop cooperation on third-country markets

The Russian Railways and the Austrian Railways (OBB) have clinched an agreement which stipulates, in particular, development of cooperation on third-country markets, TASS reports from the signing ceremony.

The appendix to the cooperation agreement of 2011 was endorsed by Russian Railways CEO Oleg Belozerov and Austrian Railways CEO Andreas Matte at...

The Russian Railways and the Austrian Railways (OBB) have clinched an agreement which stipulates, in particular, development of cooperation on third-country markets, TASS reports from the signing ceremony.

The appendix to the cooperation agreement of 2011 was endorsed by Russian Railways CEO Oleg Belozerov and Austrian Railways CEO Andreas Matte at...

22.02.2018

Egypt becomes biggest market for Russian goods

Statistics from the Russian Export Center shows that Egypt has outpaced China as the largest buyer of Russian products. In 2017, the country imported Russian goods worth almost $1.8 billion - up 44 percent from the previous year.

Egypt is the world's largest buyer of wheat due to high consumption of...

Statistics from the Russian Export Center shows that Egypt has outpaced China as the largest buyer of Russian products. In 2017, the country imported Russian goods worth almost $1.8 billion - up 44 percent from the previous year.

Egypt is the world's largest buyer of wheat due to high consumption of...

22.02.2018

Tajiktelecom to become only internet traffic provider nationwide

Tajikistan state-owned fixed operator Tajiktelecom has become the only provider of internet traffic for ISPs and mobile operators across the country, reports Profit.kz. Providers had earlier been able to purchase traffic in Kazakhstan, Uzbekistan or China, but now a ban on this has been imposed. 

Tajiktelecom claims that it is acting...

Tajikistan state-owned fixed operator Tajiktelecom has become the only provider of internet traffic for ISPs and mobile operators across the country, reports Profit.kz. Providers had earlier been able to purchase traffic in Kazakhstan, Uzbekistan or China, but now a ban on this has been imposed. 

Tajiktelecom claims that it is acting...

22.02.2018

Turkmenistan planted wheat for the harvest-2018 throughout over 700 thsd ha

Turkmen agrarians planted wheat for the harvest-2018 throughout the areas of more than 700 thsd ha, declared the Ministry of Agriculture of Turkmenistan.

According to the announcement, during the planting campaign agrarians mainly used seeds of high-yielding varieties. To date, agrarians provide vegetative irrigation works, and in the spring they will...

Turkmen agrarians planted wheat for the harvest-2018 throughout the areas of more than 700 thsd ha, declared the Ministry of Agriculture of Turkmenistan.

According to the announcement, during the planting campaign agrarians mainly used seeds of high-yielding varieties. To date, agrarians provide vegetative irrigation works, and in the spring they will...

22.02.2018

Azeri banks step up capitalisation efforts

In 2017, Azerbaijani banks spent about 900 million manats on capitalization, Azerbaijan’s Financial Markets Supervision Chamber said.

In 2016—2017, 1.2 billion manats were spent on capitalization.

The topic was discussed during the Chamber session chaired by Executive Director Ibrahim Alishov. The session participants discussed the work to be carried out within the...

In 2017, Azerbaijani banks spent about 900 million manats on capitalization, Azerbaijan’s Financial Markets Supervision Chamber said.

In 2016—2017, 1.2 billion manats were spent on capitalization.

The topic was discussed during the Chamber session chaired by Executive Director Ibrahim Alishov. The session participants discussed the work to be carried out within the...

Prices and Statistics

22.02.2018

Commodities

Date: February 22, 2018; Source: Bloomberg.com   Energy
INDEX UNITS PRICE CHANGE %CHANGE CONTRACT TIME (EST) 2 DAY
CL1:COMWTI Crude Oil (Nymex) USD/bbl. 61.07 -0.61 -0.99% Apr 2018 1:53 AM
CO1:COMBrent Crude (ICE) USD/bbl. 64.92 -0.50 -0.76% Apr 2018 1:52 AM
XB1:COMRBOB Gasoline (Nymex) USd/gal. 174.85 -0.88 -0.50% Mar 2018 1:03 AM
NG1:COMNatural Gas (Nymex) USD/MMBtu 2.63 -0.03 -1.05% Mar 2018 1:50 AM
HO1:COMHeating Oil (Nymex) USd/gal. 192.70 -0.53 -0.27% Mar 2018 1:39 AM
Precious and Industrial Metals
INDEX UNITS PRICE CHANGE %CHANGE CONTRACT TIME (EST) 2 DAY
GC1:COMGold (Comex) USD/t oz. 1,324.80 -7.30 -0.55% Apr 2018 1:52 AM
XAUUSD:CURGold Spot USD/t oz. 1,321.17 -3.46 -0.26% N/A 2:02 AM
SI1:COMSilver (Comex) USD/t oz. 16.46 -0.22 -1.31% May 2018 1:52 AM
HG1:COMCopper (Comex) USd/lb. 318.70 -5.00 -1.54% May 2018 1:51 AM
XPTUSD:CURPlatinum Spot USD/t oz. 988.37 -2.33 -0.24% N/A 2:02 AM
Agriculture
INDEX UNITS PRICE CHANGE %CHANGE CONTRACT TIME (EST) 2 DAY
C 1:COMCorn (CBOT) USd/bu. 373.50 -0.50 -0.13% May 2018 1:52 AM
W 1:COMWheat (CBOT) USd/bu. 459.50 0.00 0.00% May 2018 1:52 AM
CC1:COMCocoa (ICE) USD/MT 2,173.00 +25.00 +1.16% May 2018 2/21/2018
CT1:COMCotton #2 (ICE) USd/lb. 80.00 -0.39 -0.49% May 2018 1:50 AM
LC1:COMLive Cattle (CME) USd/lb. 126.23 -1.50 -1.17% Apr 2018 2/21/2018

Date: February 22, 2018; Source: Bloomberg.com

 

Energy

INDEX UNITS PRICE CHANGE %CHANGE CONTRACT TIME (EST) 2 DAY
CL1:COMWTI Crude Oil (Nymex) USD/bbl. 61.07 -0.61 -0.99% Apr 2018 1:53 AM
CO1:COMBrent Crude (ICE) USD/bbl. 64.92 -0.50 -0.76% Apr 2018 1:52 AM
XB1:COMRBOB Gasoline (Nymex) USd/gal. 174.85 -0.88 -0.50% Mar 2018 1:03 AM
NG1:COMNatural Gas (Nymex) USD/MMBtu 2.63 -0.03 -1.05% Mar 2018 1:50 AM
HO1:COMHeating Oil (Nymex) USd/gal. 192.70 -0.53 -0.27% Mar 2018 1:39 AM

Precious and Industrial Metals

INDEX UNITS PRICE CHANGE %CHANGE CONTRACT TIME (EST) 2 DAY
GC1:COMGold (Comex) USD/t oz. 1,324.80 -7.30 -0.55% Apr 2018 1:52 AM
XAUUSD:CURGold Spot USD/t oz. 1,321.17 -3.46 -0.26% N/A 2:02 AM
SI1:COMSilver (Comex) USD/t oz. 16.46 -0.22 -1.31% May 2018 1:52 AM
HG1:COMCopper (Comex) USd/lb. 318.70 -5.00 -1.54% May 2018 1:51 AM
XPTUSD:CURPlatinum Spot USD/t oz. 988.37 -2.33 -0.24% N/A 2:02 AM

Agriculture

INDEX UNITS PRICE CHANGE %CHANGE CONTRACT TIME (EST) 2 DAY
C 1:COMCorn (CBOT) USd/bu. 373.50 -0.50 -0.13% May 2018 1:52 AM
W 1:COMWheat (CBOT) USd/bu. 459.50 0.00 0.00% May 2018 1:52 AM
CC1:COMCocoa (ICE) USD/MT 2,173.00 +25.00 +1.16% May 2018 2/21/2018
CT1:COMCotton #2 (ICE) USd/lb. 80.00 -0.39 -0.49% May 2018 1:50 AM
LC1:COMLive Cattle (CME) USd/lb. 126.23 -1.50 -1.17% Apr 2018 2/21/2018
22.02.2018

Exchange Rates

Date: February 22, 2018; Source: the National Bank of Kazakhstan
1 US DOLLAR USD / KZT 319.88
1 EURO EUR / KZT 394.41
1 RUSSIAN ROUBLE RUB / KZT 5.65
1 CHINESE YUAN CNY / KZT 50.42
1 KYRGYZIAN SOM KGS / KZT 4.71
1 CANADIAN DOLLAR CAD / KZT 252.83
1 AUSTRALIAN DOLLAR AUD / KZT 251.17

Date: February 22, 2018; Source: the National Bank of Kazakhstan

1 US DOLLAR

USD / KZT

319.88

1 EURO

EUR / KZT

394.41

1 RUSSIAN ROUBLE

RUB / KZT

5.65

1 CHINESE YUAN

CNY / KZT

50.42

1 KYRGYZIAN SOM

KGS / KZT

4.71

1 CANADIAN DOLLAR

CAD / KZT

252.83

1 AUSTRALIAN DOLLAR

AUD / KZT

251.17