Category Archives: Uncategorised

Gazprom has not paid for gas says Turkmenistan

JULY 8 2015 (The Conway Bulletin) – Turkmenistan’s oil and gas ministry accused Russia’s Gazprom of failing to pay for natural gas it has supplied it with this year, aggravating a bitter row between the two countries.

Gazprom declined to comment. “Since the beginning of 2015, Gazprom has not paid its debts to the state corporation Turkmengaz for the volumes of Turkmen gas it supplied,” the Turkmen government statement said on its website.

“Russian company Gazprom has become insolvent on its natural gas purchase-and-sale contracts due to the continued global economic crisis and economic sanctions imposed by Western nations on Russia.”

Turkmenistan and Russia have publicly rowed before. In 2014, Gazprom slashed the amount of gas it imported from Turkmenistan to 11b cubic metres (bcm). In 2015, it planned to buy 4bcm. This is a huge drop from previous purchases. In 2008, Gazprom bought 40 bcm from Turkmenistan. And the row has also sucked in other sectors.

In 2010, Turkmenistan expelled Russian mobile phone operator MTS from the country. It later re-installed it.

The drop in Russian gas purchases has forced Turkmenistan to look elsewhere for clients. China has become its biggest client and it is trying to win contracts from the European Union.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 239, published on July 9 2015)

Kazakh Central Bank spends reserves

JULY 8 2015 (The Conway Bulletin) – Kazakhstan’s foreign currency reserves declined by 4.4% in the first half of 2015, data from the Central Bank showed. Kazakhstan, like other countries across the region, has been defending the value of its currency by spending its reserves.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 239, published on July 9 2015)

Parliament votes to weaken interior ministry

JULY 8 2015 (The Conway Bulletin) – TBILISI – Georgia’s parliament voted 78-0 in favour of stripping control of the country’s security and intelligence agencies from the ministry of interior.

Under the reforms the interior ministry will retain control of policing in Georgia and the border guards, although its overall power will be much reduced.

The current interior ministry structure was created by former Georgian president Mikheil Saakashvili. He pooled counterintelligence operations and border control with other law enforcement units under the interior ministry. Mr Saakashvili argued this system was more efficient. His opponents said accountability was reduced.

Nino Dolidze, a university professor at the Georgian Institute of Public Affairs, explained.

“Together with the ministry of justice, it was the flagship of all Saakashvili’s reforms,” she told The Bulletin. “But it also became the place where his success started to melt and decrease.”

One of the main promises of the Georgian Dream coalition during 2012 parliamentary elections was to break down this concentration of power.

From Aug. 1 a new State Security Service will take over counter-terrorism, counter-intelligence, anti-corruption, surveillance and other special operations responsibilities. The head of the State Security Service will be selected by the government and approved by parliament for a single six-year term.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 239, published on July 9 2015)

Kazakh market still buys Rolls Royce

JULY 7 2015 (The Conway Bulletin) – More people in Kazakhstan have pre-ordered the new $294,000 Bentley car from Rolls Royce than in Russia, Bloomberg News quoted Peter Schwarzenbauer, a BMW director, as saying. BMW owns Rolls Royce. This is anecdotal evidence that the Kazakh luxury market is still strong.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 239, published on July 9 2015)

Turkmenistan imports trucks

JULY 9 2015 (The Conway Bulletin) – Only around 5,000 trucks with Turkish produce travel to Turkmenistan each year through the South Caucasus and the Caspian Sea because crossing Azerbaijan is too expensive, the head of the Turkish International Road Carriers Association, Fatih Sener, told local media. Around 50,000 trucks travel via Iran.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 239, published on July 9 2015)

Azerbaijan bans Russian singer from visiting the country

JULY 7 2015 (The Conway Bulletin) – Azerbaijan said it had added Russian opera singer Lyubov Kazarnovskaya to the list of people barred from visiting the country because she had recently travelled to the disputed region of Nagorno- Karabakh. Azerbaijan and Armenia are still officially at war over the region.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 239, published on July 9 2015)

Uzbekistan-based factory suffers in economic downturn

JULY 9 2015 (The Conway Bulletin) – GM Uzbekistan, a joint venture between the Uzbek government and US carmaker GM, sold 10,357 cars in Russia in the first half of this year, media reported quoting the company.

This is 57% less than in 2014 and highlights the economic problems rebounding around Central Asia linked to the decline in Russia’s economy.

Russia is one of GM Uzbekistan’s biggest market, so for it to drop away so seriously is bad news for the company.

GM Uzbekistan is based near the city of Andijan in eastern Uzbekistan.

In 2010, GM Uzbekistan employed 5,000 people. If demand for its cars, and it mainly produces mid-range Chevrolet cars at this plant, falls away significantly then these jobs may be under threat.

The drop in car sales is symptomatic of a general decline in economic conditions around the Central Asia region.

As well as a drop in exports to Russia, remittance flows back to Central Asia from workers in Moscow and beyond have dropped across the region by around 40%. Currencies have also dropped in value by around a third.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 239, published on July 9 2015)

Kyrgyzstan starts campaign to buy local products

JULY 9 2015 (The Conway Bulletin) – Ahead of its accession to the Eurasian Economic Union later this year, domestic producers in Kyrgyzstan have started a campaign to try and persuade more people to buy locally made products, the 24.kg news agency reported.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 239, published on July 9 2015)

Construction workers die in Georgian capital

JULY 7 2015 (The Conway Bulletin) – Four construction workers in Tbilisi died when part of a building they were demolishing fell on them, media reported. The former Institute for Physics and Mathematics was being demolished to make way for a hotel. The accident highlights Georgia’s poor construction safety record.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 239, published on July 9 2015)

Uzbek authorities arrest 500 police

JULY 6 2015 (The Conway Bulletin) – The authorities in Uzbekistan arrested 500 police last year on various charges including corruption, torture and abuse of power, media reported quoting a source in the interior ministry. Rights groups have accused Uzbekistan of being a police state.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 239, published on July 9 2015)