Category Archives: Uncategorised

Kazakh President wants to build new town on China border

ALMATY, SEPT. 19 2016 (The Conway Bulletin) — Kazakhstan wants to build a new town on its border with China by 2020 to boost the number of people living on its remote fringe, the Presidential Administration said after President Nursultan Nazarbayev toured the chosen site and studied plans.

If it goes to plan, the new city, which will be called Nurkent (Bright Village), and be home to 100,000 people. As well as populating its borders, Nurkent will also sit nicely with Mr Nazarbayev’s plan to build new homes.

It will be situated next to the Khorgos special economic zone and should boost Kazakh involvement in the region which has so far been dominated by China.

Rasul Zhumaly, a well-regarded political observer, told The Conway Bulletin that the government had to build a new town on the border with China.

“Chinese regions bordering us are developing fast which means that Kazakhstan has to match to these tendencies. It is a necessary and important project,” he said.

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Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 297, published on Sept. 23 2016)

Kyrgyz miner names new non-executive chairman

SEPT. 20 2016 (The Conway Bulletin) – Martin Andersson, Chaarat Gold’s largest shareholder, became non-executive chairman of the British Virgin Island-registered mining company developing gold projects in Kyrgyzstan. Mr Andersson is the owner of Labro Investments, which holds a 25.2% stake in Chaarat.

ENDS

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(News report from Issue No. 297, published on Sept. 23 2016)

Suicide stops campaign in Armenia

SEPT. 20 2016 (The Conway Bulletin) – Arshak Grigoryan, son of an opposition mayoral candidate in Gyumri, Armenia’s second-largest city, was found dead, having apparently shot himself, at his family home. Vartevan Grigoryan, Arshak’s father, is a top opposition candidate for the mayoral elections of Oct. 2. All parties have suspended campaigning.

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Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 297, published on Sept. 23 2016)

 

Border tension eases between Kyrgyzstan and Uzbekistan

SEPT. 20 2016 (The Conway Bulletin) – Border tensions between Kyrgyzstan and Uzbekistan have eased since the beginning of the month when the Uzbek army seized a telecoms and radio tower in a disputed area, media reported. Kyrgyzstan and Uzbekistan argue over ownership of the Kasan-Sai reservoir and the Ungar-Too mountain.

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(News report from Issue No. 297, published on Sept. 23 2016)

Georgia condemns Russia on polling stations

SEPT. 19 2016 (The Conway Bulletin) – The Georgian government condemned Russia’s use of polling stations in the breakaway regions of South Ossetia and Abkhazia for its parliamentary election on Sept. 18. Georgia’s foreign ministry said in a statement that the issuing of Russian passports to people in South Ossetia and Abkhazia breached Georgia’s sovereignty and was illegal.

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Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 297, published on Sept. 23 2016)

 

Azerbaijan’s energy exports drop

SEPT. 20/21 2016 (The Conway Bulletin) – Azerbaijan’s oil and gas exports have fallen this year, according to government sources. Gas exports for the first seven months of 2016 amounted to 4.6b cubic metres, 8.6% lower than in the same period last year, Interfax reported. Oil exports in Jan.-Aug. fell to 33.3m tonnes, down 4.2% compared to last year, government sources told Reuters. Oil exports in particular are vital for the Azerbaijani economy. With both the value and volume of oil exports dropping, government revenues have dried up.

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Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 297, published on Sept. 23 2016)

 

Berik Imashev: Nazarbayev’s key man

SEPT. 23 2016 (The Conway Bulletin) – Kazakh President Nursultan Nazarbayev knows the lynchpin for delivering an ordered succession handover is the Central Election Commission (CEC).

With a trusted loyalist running the CEC — which oversees elections, decides on the eligibility of candidates and approves senators and MPs — Nazarbayev’s chances of delivering a smooth succession are improved.

Kazakhstan’s political class is riven through with different power groups vying for influence. There are rivals to Nazarbayev who are looking for weaknesses to exploit.

Nazarbayev’s appointment of Berik Imashev to head the CEC means that these opponents won’t find any weaknesses there.

Arguably it was the most important appointment in a wider reshuffle earlier his month, although the move of Karim Massimov from PM to head the security services, Dariga Nazarbayeva’s shift into the Senate and Imangali Tasmagambetov’s drift from the defence ministry into the deputy PM’s seat, grabbed the headlines.

Imashev is the definition of an arch-Nazarbayev loyalist. From the late 1990s, the 56-year-old has spent his career serving Nazarbayev, first as one of his advisers and then as deputy speaker of the Senate, deputy chairman of the State Security Council and most recently, from 2012, as justice minister.

It will now be Imashev’s job to ensure that Kazakh elections produce the right results with the right margins of victory that Nazarbayev requires.

And Imashev is well placed to do this. After all, he shares the same interests as Nazarbayev.

Known as a tough, uncompromising operator, Imashev is also married into the First Family. In 2003, his daughter, Aida, married Dariga Nazarbayev’s son Nurali. This makes both Imashev and Dariga, a favourite to succeed her father as president, grandparents to Aida and Nurali’s children. Imashev is, in effect, an extension of the Nazarbayev family.

Imashev’s appointment at the CEC also marks its subjugation as a political tool, although pretensions of independence had always been thin.

Since 2007, Kuandyk Turgankulov, had been head of the CEC. He had spent 11 years effectively training for the post as deputy chairman. By contrast, Imashev has no experience as a CEC official. His appointment is political, and a clever one.

For Nazarbayev securing the loyalty of the CEC was vital. This is now assured.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 297, published on Sept. 23 2016)

Tajik government snoops its citizens

SEPT. 16 2016 (The Conway Bulletin) – The Tajik government admitted for the first time that it had spied on some of some of its citizens by reading their emails and text message. At a conference on freedom of expression and counter- terrorism, a spokesperson from Tajikistan’s Prosecutor-General said that the authorities closely monitor internet messaging systems of certain individuals. Critics said this practice also targets opposition activists.

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Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 297, published on Sept. 23 2016)

Business comment: Tethys Woes

SEPT. 23 2016 (The Conway Bulletin) – Guernsey-based oil company Tethys Petroleum never seems to catch a break.

This time last year it had just turned down a takeover offer from Amsterdam-based Nostrum Oil & Gas, also focused on Central Asia. But its financial outlook remained uncertain and it was still on the market for investors.

In the last months of 2015, the obscure Kazakh oil company Olisol came forward with a proposal to buy a large share of Tethys in exchange for much-needed cash.

This appeared to be the salvation that Tethys, buffeted by the slump in oil prices, needed. Tethys saluted the prospective deal as a life-saving opportunity.

But then hiccups in Kazakhstan and legal disputes with its partners in Tajikistan began churning up Tethys’ road to stability.

Now it faces legal prosecution in Kazakhstan and an arbitration in Tajikistan, which could turn ugly.

Plus repeated delays in securing funding from Olisol have put investors and managers under severe stress. This can easily be spotted by looking at the company’s stock price, which jumps and falls at every update.

In mid-August, its stock price nearly doubled in one day, reaching a four-month high, after Tethys announced that it had cleared an important regulatory hurdle in its recapitalisation efforts.

Now, Tethys’ stock price has settled back at 1.5p/share, an average it has kept in the second half of 2016, quite far down from the 64p it traded at in March 2012.

But those were the days of high oil prices and big spending. It’s a very different picture now.

With oil prices still hovering at around $45/barrel, the future looks as uncertain as ever for Tethys.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 297, published on Sept. 23 2016)

Mirziyoyev to run to be Uzbek president

SEPT. 16 2016 (The Conway Bulletin) – Acting President and PM Shavkat Mirziyoyev said he will run in the upcoming Uzbek presidential election, scheduled for Dec. 4, immediately installing himself as the favourite to win.

UzLiDeP, the party of former President Islam Karimov, nominated Mr Mirziyoyev for the top job.

Mr Mirziyoyev has served as PM since 2003. He was named acting president less than a week after Karimov died of a stroke on Sept. 2.

After the nomination, Mr Mirziyoyev praised Karimov.

“Karimov is our pride. This man brought me up, he was like a father to me,” he said.

The Central Election Commission also said that the National Revival Party nominated Sarvar Otamuradov as a contestant, although he is expected only to play the role of sparring partner.

No Western election observers have judged a vote in Uzbekistan to be either free or fair.

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Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 297, published on Sept. 23 2016)f