Issue 2909 - 23.01.2018
23.01.2018

Kazakh privatisation set to complete by end of year

Kazakhstan’s second wave of privatisation is 71 percent completed and, as a result of the directives in Kazakh President Nursultan Nazarbayev’s state-of-the-nation address, it should be finished by the end of 2018, Prime Minister Bakytzhan Sagintayev said Jan. 16.

One of the parts of the Nazarbayev’s address “New development opportunities under the Fourth industrial revolution” was the acceleration of the implementation of the privatisation plan, which includes reducing the number of subordinate organisations of state bodies.

“To date, the Complex Privatisation Plan for 2016-2020 covers 904 facilities. Full information about 876 objects is published on the website gosreestr.kz. This list does not include 28 objects of national ownership that are being reorganised and re-registered,” said Kazakh Minister of Finance Bakhyt Sultanov at the Jan.16 government meeting.

According to him, in the past two years, 476 objects of the plan were put up for sale, 367 of them were sold for a total of 164 billion tenge (US$500 million). As of Jan. 1, 255 facilities are in the process of liquidation and reorganisation. In 2017, it was planned to sell 463 objects. The plan was executed at 97 percent. Out of 289 objects for sale 190 were sold. Also 162 objects were liquidated and reorganised, 12 transferred to 2018 due to circumstances.

“The analysis carried out by the ministry shows the acceleration of the rates of putting up the objects for sale. So, in 2017, the exposition rate exceeded 15 percent the same indicator for the previous period. The price of the sold objects is 8 percent higher than their book value. As before, the auction and tender remain the main way of selling 73 percent,” said Sultanov.

He also noted the interest of people in the on-going privatisation has significantly increased. The number of active visitors of the website increased 12 percent. In addition, the average number of participants in one trade has also increased, now it is about four-five, while previously there were no more than three of them.

Minister of National Economy Timur Suleimenov noted that the issues of privatisation of large objects of state property and assets of the Samruk Kazyna Sovereign Wealth Fund are regularly considered at the meetings of the State Commission for Modernisation of the Economy.

“In order to fulfil the instructions of the head of state, the Ministry of Economy is creating a working group with the participation of all interested parties to carry out a full inventory of subordinate organisations of state bodies. Thus, further work on updating the list of objects subject to privatisation will be carried out under the instructions of the head of state,” said Suleimenov.

National companies, including Air Astana, KazMunayGas, Kazatomprom are expected to be privatised this year.

By Zhazira Dyussembekova for the Astana Times.

Kazakhstan General

23.01.2018

President tallied up his official visit to U.S.

Nursultan Nazarbayev held a meeting on the results of his official visit to the United States of America, Kazpravda.kz reports.

The meeting was attended by the head of the Presidential Administration Adilbek Dzhaksybekov, presidential aide - Secretary of the Security Council Vladimir Zhumakanov, presidential aides Nurlan Onzhanov and Alikhan Smailov.

President tallied...

Nursultan Nazarbayev held a meeting on the results of his official visit to the United States of America, Kazpravda.kz reports.

The meeting was attended by the head of the Presidential Administration Adilbek Dzhaksybekov, presidential aide - Secretary of the Security Council Vladimir Zhumakanov, presidential aides Nurlan Onzhanov and Alikhan Smailov.

President tallied...

23.01.2018

Guterres highlights cooperation potential of Central Asia with Afghanistan

UN Secretary-General António Guterres highlighted on Friday (21 January) the potential of the five countries of Central Asia for addressing the threats of violent extremism and transnational organised crime in Afghanistan. For its part, Kazakhstan has suggested building an economic and security partnership with Afghanistan.

Convened by Kazakhstan in its capacity...

UN Secretary-General António Guterres highlighted on Friday (21 January) the potential of the five countries of Central Asia for addressing the threats of violent extremism and transnational organised crime in Afghanistan. For its part, Kazakhstan has suggested building an economic and security partnership with Afghanistan.

Convened by Kazakhstan in its capacity...

23.01.2018

Labour Ministry on foreign specialists working legally in Kazakhstan

More than 21 000 foreign specialists are working legally in Kazakhstan, the chairman of the Committee for Labour, Social Protection and Migration of the Ministry of Labor and Social Protection of the Population Akmadi Sarbasov told a briefing in the Central Communications Service, Kazpravda.kz reports.

"There is a legal regime for...

More than 21 000 foreign specialists are working legally in Kazakhstan, the chairman of the Committee for Labour, Social Protection and Migration of the Ministry of Labor and Social Protection of the Population Akmadi Sarbasov told a briefing in the Central Communications Service, Kazpravda.kz reports.

"There is a legal regime for...

23.01.2018

About 300 people responsible for occupational safety fired in 2017

In 2017, the Committee for Labour, Social Protection and Migration of the Ministry of Labor and Social Protection of the Population carried out more than 9 000 unscheduled inspections that revealed more than 15 000 breaches of the labor legislation, and 298 persons responsible for the safety of working conditions...

In 2017, the Committee for Labour, Social Protection and Migration of the Ministry of Labor and Social Protection of the Population carried out more than 9 000 unscheduled inspections that revealed more than 15 000 breaches of the labor legislation, and 298 persons responsible for the safety of working conditions...

Oil and Gas Sector

23.01.2018

Kazakhstan plans to increase oil production by 0.9% in 2018

Kazakhstan plans to increase oil production by 0.9% in 2018, reads the press-release of the Ministry of Energy of Kazakhstan.

Oil production volume amounted to 86.2 mln tons in 2017, 10.5% up in comparison to 2016 (78 mln ton). Kazakhstan plans to increase oil production by 0.9% this year.

Oil production volume...

Kazakhstan plans to increase oil production by 0.9% in 2018, reads the press-release of the Ministry of Energy of Kazakhstan.

Oil production volume amounted to 86.2 mln tons in 2017, 10.5% up in comparison to 2016 (78 mln ton). Kazakhstan plans to increase oil production by 0.9% this year.

Oil production volume...

23.01.2018

Kazakhstan fulfills its obligation under OPEC deal

Kazakhstan fulfills its obligations under OPEC agreement on oil production cuts, Energy Minister Kanat Bozumbayev said addressing a government meeting, Kazinform reported.

“Kazakhstan is committed to its obligations. We, as promised, keep the production at the appropriate level. Our excess is insignificant, even within Kazakhstan. Last year, we extracted an average...

Kazakhstan fulfills its obligations under OPEC agreement on oil production cuts, Energy Minister Kanat Bozumbayev said addressing a government meeting, Kazinform reported.

“Kazakhstan is committed to its obligations. We, as promised, keep the production at the appropriate level. Our excess is insignificant, even within Kazakhstan. Last year, we extracted an average...

23.01.2018

2017 a record year for Kazakhstan in fuel and energy sector

2017 became a record year for Kazakhstan in the fuel and energy sector, Energy Minister of Kazakhstan Kanat Bozumbayev said at a press conference in the government on January 22.

In 2018, the ministry intends to adhere to this growth rate and develop the resource potential, according to the official.

The main...

2017 became a record year for Kazakhstan in the fuel and energy sector, Energy Minister of Kazakhstan Kanat Bozumbayev said at a press conference in the government on January 22.

In 2018, the ministry intends to adhere to this growth rate and develop the resource potential, according to the official.

The main...

23.01.2018

Kazakhstan plans to settle dispute on Karachaganak before end of Q1 2018

Kazakhstan plans to regulate the dispute on Karachaganak until the end of the first quarter 2018, said Kanat Bozumbayev, Minister of Energy of Kazakhstan.

“As I cannot disclose all the details, I can say we are on the active stage of negotiations. We will extend the memorandum which was concluded until...

Kazakhstan plans to regulate the dispute on Karachaganak until the end of the first quarter 2018, said Kanat Bozumbayev, Minister of Energy of Kazakhstan.

“As I cannot disclose all the details, I can say we are on the active stage of negotiations. We will extend the memorandum which was concluded until...

23.01.2018

Chinese company got large loan in Kazakhstan

Maten Petroleum JSC reported receiving a loan of $380 million.

The government of Kazakhstan has given the go-ahead for the sale of a stake in the amount of 95% of the shares of the Kazakhstan oil producing company Maten Petroleum to the Chinese company Hainan Zhenghe Industrial Group Co Ltd in...

Maten Petroleum JSC reported receiving a loan of $380 million.

The government of Kazakhstan has given the go-ahead for the sale of a stake in the amount of 95% of the shares of the Kazakhstan oil producing company Maten Petroleum to the Chinese company Hainan Zhenghe Industrial Group Co Ltd in...

23.01.2018

Nostrum Oil and Gas plans to buy Zhaikmunai bonds

On Friday, Nostrum Oil and Gas announced an option to buy bonds issued by a subsidiary Zhaikmunai. Nostrum intends to repurchase the remaining total amount of the principal debt owned by Zhaikmunai.

The obligation to pay the repurchase price is conditional and will arise only if sufficient funds are received for...

On Friday, Nostrum Oil and Gas announced an option to buy bonds issued by a subsidiary Zhaikmunai. Nostrum intends to repurchase the remaining total amount of the principal debt owned by Zhaikmunai.

The obligation to pay the repurchase price is conditional and will arise only if sufficient funds are received for...

23.01.2018

Rosneft to pour roughly 600 mln euro into German projects over 5 years

Russian state-owned oil company Rosneft, which is also a Partner in various projects of Kazakhstan, plans to invest at least 600 million euros in the development of projects in Germany in five years, the company’s CEO Igor Sechin told a press conference.

"Rosneft considers investments in segments of gas stations, jet...

Russian state-owned oil company Rosneft, which is also a Partner in various projects of Kazakhstan, plans to invest at least 600 million euros in the development of projects in Germany in five years, the company’s CEO Igor Sechin told a press conference.

"Rosneft considers investments in segments of gas stations, jet...

23.01.2018

Oil prices soften as Libyan output undermines 2018 rally

Oil slipped on Monday under pressure from rising Libyan output and concerns that a rally that had sent prices to their highest since December 2014 had run out of steam.

But losses were limited by comments from top exporter Saudi Arabia that OPEC and other producers would continue to cooperate on...

Oil slipped on Monday under pressure from rising Libyan output and concerns that a rally that had sent prices to their highest since December 2014 had run out of steam.

But losses were limited by comments from top exporter Saudi Arabia that OPEC and other producers would continue to cooperate on...

Energy Industry

23.01.2018

15 power transmission organisations to be shut down in Kazakhstan in 2018

15 power transmission organisations will be shut down in Kazakhstan in 2018, said Minister of Energy of Kazakhstan Kanat Bozumbayev on January 22.

Enlargement of these organizations in the regions of the country is envisioned in 2018, he said.

By 2022, the number of energy transmission organizations will be decreased by 30% from...

15 power transmission organisations will be shut down in Kazakhstan in 2018, said Minister of Energy of Kazakhstan Kanat Bozumbayev on January 22.

Enlargement of these organizations in the regions of the country is envisioned in 2018, he said.

By 2022, the number of energy transmission organizations will be decreased by 30% from...

23.01.2018

Shares of Crystal Management JSC are included in KASE's official list in Alternative Market Shares Sector

The company has successfully built and operates a gas turbine power plant at the Akshabulak field in the Kyzylorda region. The company built this facility using a loan from the Development Bank of Kazakhstan and funds from the National Fund of Kazakhstan.

In addition, Crystal Management carries out hydrocarbon exploration in...

The company has successfully built and operates a gas turbine power plant at the Akshabulak field in the Kyzylorda region. The company built this facility using a loan from the Development Bank of Kazakhstan and funds from the National Fund of Kazakhstan.

In addition, Crystal Management carries out hydrocarbon exploration in...

23.01.2018

Mangistau Electricity Distribution Company (MEDC) has published a list of its shareholders

During the last fortnight, the share of the UNPF in the company was bought by two other shareholders: Kazakhstan Utility Systems LLP and KBI Energy LLP.

In general, the growth of LLP Kazakhstani municipal systems comprises active asset purchase, the use of advanced financial schemes to reduce the debt burden, which...

During the last fortnight, the share of the UNPF in the company was bought by two other shareholders: Kazakhstan Utility Systems LLP and KBI Energy LLP.

In general, the growth of LLP Kazakhstani municipal systems comprises active asset purchase, the use of advanced financial schemes to reduce the debt burden, which...

Finance and Investment

23.01.2018

S&P: Kazakhstan's ratings are confirmed at BBB- with stable outlook

Despite the fact that assets of the National Fund in the amount of $22.6 billion (13% of GDP) have been frozen, as a result of dispute between the Government and foreign investors, S&P considers that the budgetary and external positions of the country are sufficiently strong to withstand these unexpected...

Despite the fact that assets of the National Fund in the amount of $22.6 billion (13% of GDP) have been frozen, as a result of dispute between the Government and foreign investors, S&P considers that the budgetary and external positions of the country are sufficiently strong to withstand these unexpected...

23.01.2018

Bank VTB in Kazakhstan funding developers within Nurly Zher programme

The Kazakh subsidiary of Vneshtorgbank (Russia) has launched the financing of the private developers of residential property within the Nurly Zher programme.

This part of the Nurly Zher housing programme is implemented with the assistance of the Baiterek National Management Holding and the Entrepreneurship Development Fund Damu.

"One of the directions of...

The Kazakh subsidiary of Vneshtorgbank (Russia) has launched the financing of the private developers of residential property within the Nurly Zher programme.

This part of the Nurly Zher housing programme is implemented with the assistance of the Baiterek National Management Holding and the Entrepreneurship Development Fund Damu.

"One of the directions of...

23.01.2018

JSC Qazaq banki establishes company to manage stressful assets

Last year, the company's shareholders announced the creation of a fund in the amount of KZT60 billion for the capitalisation of the bank.

Given the ongoing asset clean-up by all Kazakhstani banks, the creation of a company to manage stressful assets looks logical.

The bank's assets are declining. We can assume that...

Last year, the company's shareholders announced the creation of a fund in the amount of KZT60 billion for the capitalisation of the bank.

Given the ongoing asset clean-up by all Kazakhstani banks, the creation of a company to manage stressful assets looks logical.

The bank's assets are declining. We can assume that...

Metals and Minerals

23.01.2018

KM GOLD JSC provided an extract from the system of registers of its shareholders as of January 1, 2018

KM Gold is a mining company that is engaged in the exploration and extraction of ore minerals and precious metals.

Portfolio of contract fields of the company are the Verkhne-Andasai deposit, the Chu-Ili ore belt, the Mynaral ore field, the Shoyimbay site, the Utegen-2 site, and ore occurrences at the Kotyrkain...

KM Gold is a mining company that is engaged in the exploration and extraction of ore minerals and precious metals.

Portfolio of contract fields of the company are the Verkhne-Andasai deposit, the Chu-Ili ore belt, the Mynaral ore field, the Shoyimbay site, the Utegen-2 site, and ore occurrences at the Kotyrkain...

23.01.2018

Copper edges higher on demand optimism, supply concerns

Copper rose on Monday, leading broad-based gains across the base metals as optimism over the outlook for global growth and supply concerns over some metals helped the complex recover some of the previous session’s losses.

Copper prices bounced back nearly 1 percent after a half-percent drop on Friday, while tin climbed...

Copper rose on Monday, leading broad-based gains across the base metals as optimism over the outlook for global growth and supply concerns over some metals helped the complex recover some of the previous session’s losses.

Copper prices bounced back nearly 1 percent after a half-percent drop on Friday, while tin climbed...

23.01.2018

Gold edges up on U.S. govt shutdown fears, platinum soars

Gold steadied on Monday as the dollar wallowed near three-year lows following a U.S. government shutdown, although bullishness in the wider financial markets capped the precious metal's gains.

Platinum hit another four-month high, narrowing the price gap to sister metal palladium to below $100 per ounce.

"We did see gold reach four-month...

Gold steadied on Monday as the dollar wallowed near three-year lows following a U.S. government shutdown, although bullishness in the wider financial markets capped the precious metal's gains.

Platinum hit another four-month high, narrowing the price gap to sister metal palladium to below $100 per ounce.

"We did see gold reach four-month...

23.01.2018

Silver is the key to gold breaking 2016 highs - analyst

Investor interest in silver could be the missing ingredient needed to push gold prices through its recent four-month highs, according to one commodity analyst.

Andrew Hecht, the creator of the Hecht Commodity Report, said, in a commentary on Seeking Alpha, that silver's lackluster performance, compared to gold could be one reason...

Investor interest in silver could be the missing ingredient needed to push gold prices through its recent four-month highs, according to one commodity analyst.

Andrew Hecht, the creator of the Hecht Commodity Report, said, in a commentary on Seeking Alpha, that silver's lackluster performance, compared to gold could be one reason...

Manufacturing industry

23.01.2018

Review of newly initiated Kazakh-US industrial projects

Kazakhstan and the United States cooperate in the framework of the Trade and Investment Framework Agreement (TIFA) in Central Asia, which facilitates the expansion of trade in the region.

Kazakhstan demonstrated leadership in trade issues by organizing a meeting in the Central Asian format of the TIFA on December 12, 2017...

Kazakhstan and the United States cooperate in the framework of the Trade and Investment Framework Agreement (TIFA) in Central Asia, which facilitates the expansion of trade in the region.

Kazakhstan demonstrated leadership in trade issues by organizing a meeting in the Central Asian format of the TIFA on December 12, 2017...

Agriculture

23.01.2018

Kazexportastyk, one of the largest grain holdings in Kazakhstan, issued a list of its shareholders

The company's total revenue for the three quarters of 2017 was KZT2.6 billion against KZT6.2 billion for the same period of 2016. During the reporting period, the amount of cash on the company's accounts decreased by KZT39 million.

If the amount of cash inflow from operating activities on September 30 was...

The company's total revenue for the three quarters of 2017 was KZT2.6 billion against KZT6.2 billion for the same period of 2016. During the reporting period, the amount of cash on the company's accounts decreased by KZT39 million.

If the amount of cash inflow from operating activities on September 30 was...

23.01.2018

In a month the number of sheep in Kazakhstan decreased by another 5%

In December, the number of sheep and goats declined as compared with October and November, in absolute and relative terms. In October, the decline was 695.8 thousand heads, or 3.3% compared to the previous month. As of November 1, according to the Committee on Statistics of the Republic of Kazakhstan,...

In December, the number of sheep and goats declined as compared with October and November, in absolute and relative terms. In October, the decline was 695.8 thousand heads, or 3.3% compared to the previous month. As of November 1, according to the Committee on Statistics of the Republic of Kazakhstan,...

23.01.2018

Soyabeans up for sixth session on South American weather woes

Chicago soyabean futures gained more ground on Monday with the market climbing to its highest in almost six weeks on concerns over dry weather in Argentina and delays in Brazilian harvest.

Wheat bounced back, recouping Friday's losses on short-covering, while corn rose for a second consecutive session on the back of...

Chicago soyabean futures gained more ground on Monday with the market climbing to its highest in almost six weeks on concerns over dry weather in Argentina and delays in Brazilian harvest.

Wheat bounced back, recouping Friday's losses on short-covering, while corn rose for a second consecutive session on the back of...

Communications and Transportation

23.01.2018

China-Europe freight train service boosts trade ties: official

A Chinese official said Monday that progress has been made in expanding the China-Europe express freight train service, Kazinform has learned from Xinhua.

A total of 3,673 trips were made last year, more than double that of 2016 and exceeding the total launched during the past six years,...

A Chinese official said Monday that progress has been made in expanding the China-Europe express freight train service, Kazinform has learned from Xinhua.

A total of 3,673 trips were made last year, more than double that of 2016 and exceeding the total launched during the past six years, Yan Pengcheng, spokesperson...

23.01.2018

Akmola police rescue over 90 Uzbek, Tajik citizens stuck in vehicles

Within a day, police officers of Akmola region timely lent a helping hand to drivers of 3 vehicles carrying a large number of passengers, Kazinform correspondent cites the press service of the Regional Interior Department.

Citizens of Uzbekistan and Tajikistan were among the rescued.

On January 21, the police officers, who were...

Within a day, police officers of Akmola region timely lent a helping hand to drivers of 3 vehicles carrying a large number of passengers, Kazinform correspondent cites the press service of the Regional Interior Department.

Citizens of Uzbekistan and Tajikistan were among the rescued.

On January 21, the police officers, who were...

23.01.2018

Road traffic restricted in Kazakhstan six regions

Due to unfavourable weather conditions, traffic is restricted on the roads of six regions of Kazakhstan, Kazpravda.kz reports. According to Kazavtodor RSE, restrictions were introduced due to severe frost in the following regions:

In Astana on January 21, from 21:00, in Akmola region on January 21 from 21-00, in East Kazakhstan...

Due to unfavourable weather conditions, traffic is restricted on the roads of six regions of Kazakhstan, Kazpravda.kz reports. According to Kazavtodor RSE, restrictions were introduced due to severe frost in the following regions:

In Astana on January 21, from 21:00, in Akmola region on January 21 from 21-00, in East Kazakhstan...

Education and Science

23.01.2018

Kazakhstan to introduce per capita education funding, teacher pay raises

The Ministry of Education and Science recently announced plans to introduce per capita funding in the city school system.

The ministry is currently developing a plan to implement the recent state-of-the-nation address by President Nursultan Nazarbayev.

Attracting private investments is one of the directions of liberalisation of education. The sphere of education...

The Ministry of Education and Science recently announced plans to introduce per capita funding in the city school system.

The ministry is currently developing a plan to implement the recent state-of-the-nation address by President Nursultan Nazarbayev.

Attracting private investments is one of the directions of liberalisation of education. The sphere of education...

Regional News

23.01.2018

China's 2017 growth shows "high gold content"

China's economic growth pickup in 2017 was better than expected and accompanied by improving quality, efficiency, and structure, a spokesperson for the country's top economic planner said Monday.

"China's sound economic performance in 2017 was not the result of just one year, but the accumulation of arduous and lasting efforts since...

China's economic growth pickup in 2017 was better than expected and accompanied by improving quality, efficiency, and structure, a spokesperson for the country's top economic planner said Monday.

"China's sound economic performance in 2017 was not the result of just one year, but the accumulation of arduous and lasting efforts since...

23.01.2018

China's aviation sector to fly higher in 2018

China's aviation industry is expected to welcome a boom year in 2018, following a series of favorable industrial policies, Shanghai Securities News reported on Monday.

New rules allowing state and private firms to independently or jointly invest in China's aviation industry took effect on Jan 19 to drive the industry's healthy...

China's aviation industry is expected to welcome a boom year in 2018, following a series of favorable industrial policies, Shanghai Securities News reported on Monday.

New rules allowing state and private firms to independently or jointly invest in China's aviation industry took effect on Jan 19 to drive the industry's healthy...

23.01.2018

Foreign producers of communication devices may be granted localization subsidies

Russia’s Deputy Prime Minister Dmitry Rogozin has been tasked by the Industry and Trade Ministry, the Communications Ministry and other departments to hammer out mechanisms for supporting local production of telecommunication equipment and devices, and for increasing their share of purchases for public bodies and defense enterprises, RBC business daily...

Russia’s Deputy Prime Minister Dmitry Rogozin has been tasked by the Industry and Trade Ministry, the Communications Ministry and other departments to hammer out mechanisms for supporting local production of telecommunication equipment and devices, and for increasing their share of purchases for public bodies and defense enterprises, RBC business daily...

23.01.2018

Russian gold reserves hit historic high, stockpiling record 223 tonnes last year

The Central Bank of Russia (CBR) added 300,000 ounces (9.3 tonnes) of gold to its reserves in December, bringing the total yearly holdings to a record 1,838.211 tonnes, worth over $76 billion in monetary terms.

According to new statistics, Russia is currently the sixth-largest gold owner after the United States, Germany,...

The Central Bank of Russia (CBR) added 300,000 ounces (9.3 tonnes) of gold to its reserves in December, bringing the total yearly holdings to a record 1,838.211 tonnes, worth over $76 billion in monetary terms.

According to new statistics, Russia is currently the sixth-largest gold owner after the United States, Germany,...

23.01.2018

Opening of new Tajik oil refinery postponed again

The date to put the oil refinery in the Danghara Free Economic Zone (FEZ) into operation has been postponed again.  Tajik official says it is necessary to stock up a certain amount of crude petroleum in order to put the oil refinery into operation, Faridoun Roziqov, an official with the...

The date to put the oil refinery in the Danghara Free Economic Zone (FEZ) into operation has been postponed again.  Tajik official says it is necessary to stock up a certain amount of crude petroleum in order to put the oil refinery into operation, Faridoun Roziqov, an official with the...

23.01.2018

TALCO loses millions of dollars because of outdated technologies, says Tajik official

The Tajik Aluminum Company (TALCO) has reportedly lost millions of dollars because of outdated technologies used by the Tajik aluminum smelter. 

“Because of lack of the state-of-the-art technologies, the Tajik aluminum now does not produce the high-quality aluminum A7, while in 2012 the share of the aluminum A7 in the overall...

The Tajik Aluminum Company (TALCO) has reportedly lost millions of dollars because of outdated technologies used by the Tajik aluminum smelter. 

“Because of lack of the state-of-the-art technologies, the Tajik aluminum now does not produce the high-quality aluminum A7, while in 2012 the share of the aluminum A7 in the overall...

23.01.2018

Azerbaijan restricts right of 14,000 debtors to leave the country

The meeting was held in the Ministry of Justice with the participation of all local bodies of executive services, as well as heads of the relevant departments of the ministry, to discuss the work done last year  in the field of execution of judgments and other decisions,...

The meeting was held in the Ministry of Justice with the participation of all local bodies of executive services, as well as heads of the relevant departments of the ministry, to discuss the work done last year  in the field of execution of judgments and other decisions, and also forthcoming...

Prices and Statistics

23.01.2018

Commodities

Date: January 23, 2018; Source: Bloomberg.com    Energy
INDEX UNITS PRICE CHANGE %CHANGE CONTRACT TIME (EST) 2 DAY
CL1:COMWTI Crude Oil (Nymex) USD/bbl. 63.95 +0.38 +0.60% Mar 2018 12:11 AM
CO1:COMBrent Crude (ICE) USD/bbl. 69.39 +0.36 +0.52% Mar 2018 12:11 AM
XB1:COMRBOB Gasoline (Nymex) USd/gal. 189.10 +1.09 +0.58% Feb 2018 1/22/2018
NG1:COMNatural Gas (Nymex) USD/MMBtu 3.25 +0.03 +0.93% Feb 2018 12:12 AM
HO1:COMHeating Oil (Nymex) USd/gal. 206.66 +0.97 +0.47% Feb 2018 12:04 AM
Precious and Industrial Metals
INDEX UNITS PRICE CHANGE %CHANGE CONTRACT TIME (EST) 2 DAY
GC1:COMGold (Comex) USD/t oz. 1,335.50 +3.60 +0.27% Feb 2018 12:12 AM
XAUUSD:CURGold Spot USD/t oz. 1,336.33 +2.41 +0.18% N/A 12:22 AM
SI1:COMSilver (Comex) USD/t oz. 17.02 +0.04 +0.21% Mar 2018 12:11 AM
HG1:COMCopper (Comex) USd/lb. 319.55 -0.30 -0.09% Mar 2018 12:11 AM
XPTUSD:CURPlatinum Spot USD/t oz. 995.71 -0.97 -0.10% N/A 12:21 AM
Agriculture
INDEX UNITS PRICE CHANGE %CHANGE CONTRACT TIME (EST) 2 DAY
C 1:COMCorn (CBOT) USd/bu. 351.25 -0.75 -0.21% Mar 2018 12:07 AM
W 1:COMWheat (CBOT) USd/bu. 424.25 -1.50 -0.35% Mar 2018 12:07 AM
CC1:COMCocoa (ICE) USD/MT 1,938.00 +7.00 +0.36% Mar 2018 1/22/2018
CT1:COMCotton #2 (ICE) USd/lb. 83.66 +0.25 +0.30% Mar 2018 12:06 AM
LC1:COMLive Cattle (CME) USd/lb. 123.98 +1.25 +1.02% Apr 2018 1/22/2018

Date: January 23, 2018; Source: Bloomberg.com 

 

Energy

INDEX UNITS PRICE CHANGE %CHANGE CONTRACT TIME (EST) 2 DAY
CL1:COMWTI Crude Oil (Nymex) USD/bbl. 63.95 +0.38 +0.60% Mar 2018 12:11 AM
CO1:COMBrent Crude (ICE) USD/bbl. 69.39 +0.36 +0.52% Mar 2018 12:11 AM
XB1:COMRBOB Gasoline (Nymex) USd/gal. 189.10 +1.09 +0.58% Feb 2018 1/22/2018
NG1:COMNatural Gas (Nymex) USD/MMBtu 3.25 +0.03 +0.93% Feb 2018 12:12 AM
HO1:COMHeating Oil (Nymex) USd/gal. 206.66 +0.97 +0.47% Feb 2018 12:04 AM

Precious and Industrial Metals

INDEX UNITS PRICE CHANGE %CHANGE CONTRACT TIME (EST) 2 DAY
GC1:COMGold (Comex) USD/t oz. 1,335.50 +3.60 +0.27% Feb 2018 12:12 AM
XAUUSD:CURGold Spot USD/t oz. 1,336.33 +2.41 +0.18% N/A 12:22 AM
SI1:COMSilver (Comex) USD/t oz. 17.02 +0.04 +0.21% Mar 2018 12:11 AM
HG1:COMCopper (Comex) USd/lb. 319.55 -0.30 -0.09% Mar 2018 12:11 AM
XPTUSD:CURPlatinum Spot USD/t oz. 995.71 -0.97 -0.10% N/A 12:21 AM

Agriculture

INDEX UNITS PRICE CHANGE %CHANGE CONTRACT TIME (EST) 2 DAY
C 1:COMCorn (CBOT) USd/bu. 351.25 -0.75 -0.21% Mar 2018 12:07 AM
W 1:COMWheat (CBOT) USd/bu. 424.25 -1.50 -0.35% Mar 2018 12:07 AM
CC1:COMCocoa (ICE) USD/MT 1,938.00 +7.00 +0.36% Mar 2018 1/22/2018
CT1:COMCotton #2 (ICE) USd/lb. 83.66 +0.25 +0.30% Mar 2018 12:06 AM
LC1:COMLive Cattle (CME) USd/lb. 123.98 +1.25 +1.02% Apr 2018 1/22/2018
23.01.2018

Exchange Rates

Date: January 23, 2018; Source: the National Bank of Kazakhstan
1 US DOLLAR USD / KZT 324.65
1 EURO EUR / KZT 397.66
1 RUSSIAN ROUBLE RUB / KZT 5.74
1 CHINESE YUAN CNY / KZT 50.73
1 KYRGYZIAN SOM KGS / KZT 4.73
1 CANADIAN DOLLAR CAD / KZT 260.32
1 AUSTRALIAN DOLLAR AUD / KZT 260.04

Date: January 23, 2018; Source: the National Bank of Kazakhstan

1 US DOLLAR

USD / KZT

324.65

1 EURO

EUR / KZT

397.66

1 RUSSIAN ROUBLE

RUB / KZT

5.74

1 CHINESE YUAN

CNY / KZT

50.73

1 KYRGYZIAN SOM

KGS / KZT

4.73

1 CANADIAN DOLLAR

CAD / KZT

260.32

1 AUSTRALIAN DOLLAR

AUD / KZT

260.04