The government of Kazakhstan seems to have been slow to adapt its national policy regarding development and exploitation of untapped hydrocarbon and other subsoil reserves. Both mining exploration and development prospective blocks and prospective oil and gas fields’ concessions have only been put on offer recently. The processes’ slow pace...
The government of Kazakhstan seems to have been slow to adapt its national policy regarding development and exploitation of untapped hydrocarbon and other subsoil reserves. Both mining exploration and development prospective blocks and prospective oil and gas fields’ concessions have only been put on offer recently. The processes’ slow pace...
Little progress can be seen in Kazakhstan’s grain production into the new century. In 2012, overall output of cereals hardly exceeded that of 2004, while that of wheat even stayed behind that of a decade earlier (see table below) – while farmland has remained roughly the same through the period....
Little progress can be seen in Kazakhstan’s grain production into the new century. In 2012, overall output of cereals hardly exceeded that of 2004, while that of wheat even stayed behind that of a decade earlier (see table below) – while farmland has remained roughly the same through the period....
Kazakhstan’s embattled bank BTA may well cheer in chorus with other interested parties keen on seeing Kazakhstan’s one-time banker and swindler on a global scale behind bars and the money (or at least as much of it as possible) back in the bank. But despite a court ruling allowing the...
Kazakhstan’s embattled bank BTA may well cheer in chorus with other interested parties keen on seeing Kazakhstan’s one-time banker and swindler on a global scale behind bars and the money (or at least as much of it as possible) back in the bank. But despite a court ruling allowing the...
In a world where overall stagnation keeps setting economic trends, producers of both sustainable and consumable subsoil commodities have a hard time looking for sporadic dynamics in order to keep their market positions stable. So-called market cycles for the long term have seen their terms grow longer and longer for...
In a world where overall stagnation keeps setting economic trends, producers of both sustainable and consumable subsoil commodities have a hard time looking for sporadic dynamics in order to keep their market positions stable. So-called market cycles for the long term have seen their terms grow longer and longer for...
After oil and gas, non-ferrous metals represent the best hope for Central Asia’s post-Soviet republics Kazakhstan and Uzbekistan, while for their neighbouring peers Kyrgyzstan and Tajikistan, next to hydraulic resources, they are a primary one. The main difference with oil and gas upstream industries is that in the case of...
After oil and gas, non-ferrous metals represent the best hope for Central Asia’s post-Soviet republics Kazakhstan and Uzbekistan, while for their neighbouring peers Kyrgyzstan and Tajikistan, next to hydraulic resources, they are a primary one. The main difference with oil and gas upstream industries is that in the case of...
The message for Kazakhstan’s agro-sector has resounded in the public domain for many years. Still, there is every evidence, looking at sheer statistics, that so far it has been ill-heeded. Average grain productivity still stands at the little impressive level of 1.3 tonne per hectare – way below e.g. that...
The message for Kazakhstan’s agro-sector has resounded in the public domain for many years. Still, there is every evidence, looking at sheer statistics, that so far it has been ill-heeded. Average grain productivity still stands at the little impressive level of 1.3 tonne per hectare – way below e.g. that...
Kazakhstan hopes to increase its output of crude oil and gas condensate from a total of 79.2 million tonne in 2012 and an expected 82 million tonne this year to the order of 83 million tonne through the upcoming year. The production target does not include the eventuality of Kashagan...
Kazakhstan hopes to increase its output of crude oil and gas condensate from a total of 79.2 million tonne in 2012 and an expected 82 million tonne this year to the order of 83 million tonne through the upcoming year. The production target does not include the eventuality of Kashagan...
The angels have been singing their song once more. But in Kyrgyzstan, shepherds tend to ignore their tidings of comfort and joy and instead of visiting the Newborn King’s birthplace turn to King Herod for support. Once more, noisy public figureheads dominated what had been announced as a “public debate”...
The angels have been singing their song once more. But in Kyrgyzstan, shepherds tend to ignore their tidings of comfort and joy and instead of visiting the Newborn King’s birthplace turn to King Herod for support. Once more, noisy public figureheads dominated what had been announced as a “public debate”...
While hiding out in Malta, protected by the local government against legal action against him not just in Kazakhstan but also in Austria and Germany, Kazakhstan’s prodigal presidential son-in-law Rakhat Aliyev is now seeing the list of crimes he is supposed to have been masterminding getting longer. Recent revelations connect...
While hiding out in Malta, protected by the local government against legal action against him not just in Kazakhstan but also in Austria and Germany, Kazakhstan’s prodigal presidential son-in-law Rakhat Aliyev is now seeing the list of crimes he is supposed to have been masterminding getting longer. Recent revelations connect...
Has the Canadian mining and processing operator which used to be briefly in chare of one of the murkiest-looking Cold War related industrial premises been lured into an even murkier deal – not by the Kazakh government on whose territory the compound is located but by “forces” aiming at undermining...
Has the Canadian mining and processing operator which used to be briefly in chare of one of the murkiest-looking Cold War related industrial premises been lured into an even murkier deal – not by the Kazakh government on whose territory the compound is located but by “forces” aiming at undermining...
Is doomsday dawning for Kazakhstan’s mining and metallurgy tycoons? With the exit of ENRC fr om the London Stock Exchange, and accusations of an exiled former PM of Kazakhstan against the top man of its rival Kazakhmys, it may not be that serious but trouble is definitely around. Both incidents...
Is doomsday dawning for Kazakhstan’s mining and metallurgy tycoons? With the exit of ENRC fr om the London Stock Exchange, and accusations of an exiled former PM of Kazakhstan against the top man of its rival Kazakhmys, it may not be that serious but trouble is definitely around. Both incidents...
Has Ukraine’s refusal to sign up to a treaty with the European Union, pushed for by the European Commission under the limelight and by American cold-warmongers behind the scene, been justified? It now looks, after much of the gunpowder smoke has dissolved, that this has indeed been the case. Not...
Has Ukraine’s refusal to sign up to a treaty with the European Union, pushed for by the European Commission under the limelight and by American cold-warmongers behind the scene, been justified? It now looks, after much of the gunpowder smoke has dissolved, that this has indeed been the case. Not...
Is the cash flow still worth the bait? This is the main question imposing itself on investors, and private ones in particular, in the world’s oil and gas sector. Looking at figures over the first nine months of the current year presented by four of Kazakhstan’s western oil operators and...
Is the cash flow still worth the bait? This is the main question imposing itself on investors, and private ones in particular, in the world’s oil and gas sector. Looking at figures over the first nine months of the current year presented by four of Kazakhstan’s western oil operators and...
After two foreign-controlled banks operating in Kazakhstan, namely ATF UniCredit and CenterCrecit, ended up inside the danger zone within Kazakhstan’s battered domestic banking sector, locally-owned Nurbank has recently joined the club in terms of top-ranking non-performing outstanding loans. Unchallenged leaders of that club remain the three state-controlled banks BTA, its...
After two foreign-controlled banks operating in Kazakhstan, namely ATF UniCredit and CenterCrecit, ended up inside the danger zone within Kazakhstan’s battered domestic banking sector, locally-owned Nurbank has recently joined the club in terms of top-ranking non-performing outstanding loans. Unchallenged leaders of that club remain the three state-controlled banks BTA, its...
While commodity exportation continues to be the backbone of Kazakhstan’s national income, digesting that income within the national financial sector remains a painful bottleneck. Bad loans keep haunting Kazakh banks throughout the sector, recently released data show. Apart from the “troubled troika” consisting of BTA Bank, its full subsidiary Temirbank...
While commodity exportation continues to be the backbone of Kazakhstan’s national income, digesting that income within the national financial sector remains a painful bottleneck. Bad loans keep haunting Kazakh banks throughout the sector, recently released data show. Apart from the “troubled troika” consisting of BTA Bank, its full subsidiary Temirbank...
Will Central Asia’s former Soviet republics soon look back at the current year as one that will have shown solid consolidation and progress in their economic development? In other words, will people living in the region have the feeling that through the year their lives have substantially improved? In order...
Will Central Asia’s former Soviet republics soon look back at the current year as one that will have shown solid consolidation and progress in their economic development? In other words, will people living in the region have the feeling that through the year their lives have substantially improved? In order...
If investment capital is cowardly, investors must be cowards. With fundamental shifts and changes in directions and proportions within global capital flow patterns, traditional individual profit-for-cash investors, rightly or wrongly, seem to feel that they are moving towards the bottom end of the line, while so-called institutional investors such as...
If investment capital is cowardly, investors must be cowards. With fundamental shifts and changes in directions and proportions within global capital flow patterns, traditional individual profit-for-cash investors, rightly or wrongly, seem to feel that they are moving towards the bottom end of the line, while so-called institutional investors such as...
