Kazakhstan News

EU nations and Turkey said Friday they will sign a key intergovernmental agreement in Ankara on July 13 on Europe's flagship Nabucco gas pipeline project, but key issues still need to be resolved.

Russian Gazprom's recent deal to buy natural gas from Azerbaijan will not endanger Europe's flagship pipeline project Nabucco, Turkey's Foreign Minister Ahmet Davutoglu said here Friday.

A key provision of the proposed law on information and communications networks, which was passed by the lower house of parliament on April 29, would extend existing regulation of traditional media to encompass all online media - from blogs to online shops.

Religious leaders are trusted and listened to and should leverage this advantage to change what is wrong with the world, speakers at a global faith meet here maintained Wednesday.

KazMunaiGas is still in talks with Central Asia Petroleum, an Indonesian company which controls the Pavlodar oil refinery, trying to close the deal that would give the national oil company control over the downstream assets in Kazakhstan.

The consortium of international oil companies developing the Kashagan oil field in the Caspian Sea said on Thursday that the global economic crisis is likely to significantly reduce the costs of developing the giant offshore deposit.

BTA Bank has hired British law firm Lovells LLP to advise it on debt recovery, the bank said on Thursday.

KazMunaiGas and Samruk-Kazyna seek to raise 190 billion tenge each in tenge-denominated bonds, the Kazakhstan Stock Exchange said in a statement today.

Kazakhstan, Astana / corr Trend News K. Konirova /

On July 3 Kazakhstan Parliamentary Senate chairman, deputy speaker of the Parliamentary Assembly of OSCE Kasim-Djomart Tokayev met with the OSCE Secretary General Mark Perren de Brishambo, participating in the third Conference of leaders of the world and traditional religions.

Azerbaijan, Baku, July 3 /Trend News E. Ostapenko/

A regional conference on Strengthening of cooperation in railway border passages in Central Asia ended in Balkanabat, Turkmenistan on Jul. 2.

Kazakhstan, Astana, July 3 / Trend News K. Konyrova /

The OSCE secretariat will support Kazakhstan in settlement of conflicts in South Caucasus during chairmanship of Astana in 2010, OSCE secretary general Mark Perren de Brishambo by answering Trend News correspondent's question in Astana on July 3.

Kazakhstan, Astana, July 3 / Trend News K. Konyrova /

The OSCE secretariat will support Kazakhstan in settlement of conflicts in South Caucasus during chairmanship of Astana in 2010, OSCE secretary general Mark Perren de Brishambo by answering Trend News correspondent's question in Astana on July 3.

Kazakhstan, Astana, July 2 / Trend Capital K. Konyrova /

Construction of Kenkiyak-Kumkol oil pipeline completed a month earlier before the appointed time in Kazakhstan, press-service of KazstroyService JSC said.

Kazakhstan, Astana, July 1 /Trend News, K. Konirova/

Astana can be ground for dialogue not only for resolution of the Arab-Israel conflict, but also Nagorno-Karabakh problem, Chairman of the Caucasus Muslims Clerical Office Sheik-ul-Islam Allahshukur Pashazade said in his interview with Trend News correspondent in Astana.

Kazakhstan, Astana, July 1 /Trend Capital, K.Konyrova/

It is impossible to construct an oil pipeline via Iran bypassing Russia in coming years, one of oil workers at the JSC KazMunayGaz National Company believes.

Goldman Sachs resigned as a restructuring advisor to BTA Bank, Bloomberg reported on Wednesday.

The Financial Supervision Agency , Kazakhstan's financial regulator, has warned the country's banks against offering excessively high rates on deposits saying they created new risks.

President Shimon Peres was in Kazakhstan on Tuesday in the first visit by an Israeli head of state to the majority Muslim country, following a similar trip to overwhelmingly Shiite Azerbaijan.

Kazakhstan-focused Frontier Mining Ltd said it is confident that 2009 the company should see significant growth as the gold and silver production at its Naimanjal project has begun and the group has access to a $14-million financing facility.