JAN. 20 2015 (The Conway Bulletin) — Kazatomprom, Kazakhstan’s
nuclear agency, has agreed a $450m debt deal with Western banks.
The deal, and its size, show that despite an economic downturn some
Kazakh companies are still considered a relatively good bet.
Kazakhstan owns 15% of the world’s uranium supplies.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 215, published on Jan. 21 2015)
JULY 12 2013 (The Conway Bulletin) — Japan Oil, Gas and Metal National Corp. (JOGMEC), a state-run company, has signed a deal with Uzbekistan to search for uranium deposits, media reported. The deal underlines Central Asia’s appeal to energy hungry countries in Asia. JOGMEC will search for uranium in the Navoi region, central Uzbekistan.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 143, published on July 15 2013)
JAN. 23 2013 (The Conway Bulletin) – The Kazakh atomic agency, Kazatomprom, announced another new production high for uranium last year, underlining Kazakhstan’s importance to the global nuclear industry. In 2012, Kazatomprom, said that Kazakhstan produced 20,900 tonnes of uranium, up from 19,450 tonnes in 2010 and representing 37% of world supplies.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 121, published on Jan. 25 2013)
JAN. 23 2013 (The Conway Bulletin) – The Kazakh atomic agency, Kazatomprom, announced another new production high for uranium last year, underlining Kazakhstan’s importance to the global nuclear industry. In 2012, Kazatomprom, said that Kazakhstan produced 20,900 tonnes of uranium, up from 19,450 tonnes in 2010 and representing 37% of world supplies.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 121, published on Jan. 25 2013)
FEB. 3 2012 (The Conway Bulletin) – Underlining its position as the world’s biggest uranium producer, Kazakhstan’s atomic agency Kazatomprom announced it increased uranium output by 9% in 2011. The 20,000 tonnes Kazatomprom mined in 2011 was the equivalent of about a third of the world’s total uranium production.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 76, published on Feb. 9 2012)
APRIL 15/16 2011 (The Conway Bulletin) – Indian PM Manmohan Singh visited Kazakhstan and signed a number of deals. The deals included Indian state energy company ONGC Videsh buying a 25% stake in the Satpayev exploration block, one of the biggest in the Caspian Sea, and for Kazakhstan to supply India with 2,100 tonnes of uranium by 2014.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 36, published on April 18 2011)
FEB. 22 2011 (The Conway Bulletin) – On a three-day trip to Beijing, Kazakh President Nursultan Nazarbayev agreed a series of deals with Chinese President Hu Jintao. The deals included Chinese funds for a new Astana-Almaty high speed rail link, a uranium supply deal and various oil and gas projects.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 29, published on Feb. 28 2011)
FEB. 28 2011 (The Conway Bulletin) – Despite the rather turgid official photos, Chinese President Hu Jintao and Kazakh President Nursultan Nazarbayev left observers in no doubt how important they viewed relations between China and Kazakhstan when they met in Beijing on Feb. 22.
According to Xinhua, China’s state news agency, Mr Hu told Mr Nazarbayev that his trip to Beijing was the first by a head of state since the Chinese New Year on Feb. 3.
Mr Nazarbayev went one better. He told Mr Hu this was his first overseas trip of 2011.
Away from the platitudes, the deals the two leaders struck underlined how quickly the Sino-Kazakh economic relationship had developed. Mr Nazarbayev returned from Beijing with investment from China worth billions of dollars for a wide range of projects.
Perhaps the most important was for uranium sales. Kazakhstan is one of the world’s biggest uranium producers while China is energy hungry and has said it wants to boost its nuclear energy capacity. According to media reports Kazakhstan pledged to feed China with 40% of its uranium needs over the next few years.
Also agreed was a $1.7b loan from China to Kazakhstan’s sovereign wealth fund Samruk-Kazyna, Chinese investment for a 1,050km high-speed rail link between Astana and Almaty and a $1b plan to modernise the oil refinery in Atyrau on the Caspian Sea — one of three in Kazakhstan.
According to Mr Nazarbayev, Kazakhstan’s bilateral trade with China reached $20b in 2010, up 45% from 2009.
It looks set to continue to rise.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 29, published on Feb. 28 2011)
FEB. 8/10 2011 (The Conway Bulletin) – Japanese and Uzbek state-run metals companies pledged to jointly explore uranium deposits in Uzbekistan during an official visit by Uzbek President Islam Karimov to Tokyo. Mr Karimov and Japanese Pm Naoto Kan also said they wanted to strengthen bilateral relations.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 27, published on Feb. 14 2011)
OCT. 27 2010 (The Conway Bulletin) — Kazakh President Nursultan Nazarbayev signed deals worth over $2b with French President Nikolas Sarkozy in Paris. Aerospace manufacturer EADS will form a joint venture to build helicopters in Kazakhstan, Kazakhstan will buy 300 trains from engineering groups Alstom and nuclear energy company KazAtomProm will form a joint venture with Areva.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 13, published on Nov. 1 2010)