Dmitry's Feed
Aug 20, 2014

Russia economic funk ripples out through ex-Soviet states

LONDON/ALMATY Aug 20 (Reuters) – Farangees Islomova is
worried. Her husband, who labours on a construction site in
Moscow’s Schelkovo suburb, usually sends 15,000 roubles home to
Tajikistan every month. But in July he sent her just two-thirds
of that.

“My husband says they haven’t started a new building yet. He
had wanted his younger brother to join him in Moscow…but
recently he called and said: ‘The master says he won’t take any
new workers and there will be lay-offs'”, said Islomova, a 36
year-old mother of three, whose family relies on the money her
husband sends from Russia.

Aug 11, 2014

Central Asia Metals on track to up Kazakh copper output by 50 pct

ALMATY, Aug 11 (Reuters) – London-listed Central Asia Metals
Plc (CAML) has begun an expansion of its Kounrad copper
project in Kazakhstan and is set to meet its target of raising
copper cathode output there by about 50 percent by 2016, the
company’s head said on Monday.

CAML produced 10,509 tonnes of copper at its Kounrad
recovery plant in central Kazakhstan last year, 5 percent above
target. Its output totalled 5,094 tonnes in the first half of
2014, a 4.9 percent increase year-on-year.

Aug 6, 2014

Kazakhstan creates giant energy ministry as economy falters

ALMATY, Aug 6 (Reuters) – Kazakhstan has created a new super
size energy ministry as its economy suffers from the shutdown of
a giant oilfield and the collapse of exports to Ukraine and
sanctions-hit Russia.

President Nursultan Nazarbayev on Wednesday appointed
65-year-old close ally Vladimir Shkolnik, a two times former
energy minister, to head the former oil and gas ministry
combined with the industry and new technologies ministry and the
environmental protection ministry.

Jul 30, 2014

Kashagan’s oil output restart date shifts deeper into 2016

ALMATY (Reuters) – Kazakhstan’s giant Kashagan oilfield may resume production in the first half of 2016 under an “optimistic scenario”, Kazakh Oil and Gas Minister Uzakbai Karabalin said on Wednesday, putting off his earlier estimate of the restart date.

Production from the oil deposit in the Caspian Sea, one of the world’s biggest oil finds of recent times, began last September but was halted in October after gas leaks in the field’s pipeline network were detected.

May 16, 2014

Russia loses $275 million satellite in latest rocket failure

MOSCOW/ALMATY, May 16 (Reuters) – A Russian rocket carrying
a $275 million telecommunications satellite failed and burned up
shortly after launch on Friday, the latest in a series of
setbacks for Russia’s once-pioneering space industry.

It was the second failure for Russia’s workhorse Proton-M
rocket in less than a year, and the second time that it had
failed to deliver a European satellite intended to provide
advanced telecoms and Internet access to remote parts of Russia,
after the last one crashed shortly after launch in 2011.

May 14, 2014

Japan’s first space station commander and crewmates land safely

ALMATY, May 13 (Reuters) – The first Japanese to command a
space mission and crewmates from the United States and Russia
landed safely in Kazakhstan on Wednesday, wrapping up a 188-day
stay aboard the International Space Station.

“We have confirmation of landing,” a NASA television
presenter said during a live broadcast as the capsule with the
space trio touched down in a Kazakh steppe 148 km (93 miles)
southeast of the town of Dzhezkazgan at 07:58 a.m. (0158 GMT).

Apr 2, 2014

U.S. “fundamentally stands” with Central Asia on independence after Crimea

ALMATY (Reuters) – The United States will “fundamentally stand” with post-Soviet Central Asian nations to protect their territorial integrity and independence, a senior U.S. official said on Wednesday, sending a signal to Russia after its annexation of Crimea from Ukraine.

Russia’s seizure of the Black Sea peninsula two weeks ago sent jitters across Central Asia, whose mainly autocratic rulers tacitly accepted Moscow’s actions, fearing their former overlord may use a similar tactic in their states.

Mar 27, 2014

Kashagan group says no oil restart date yet, probe results delayed

ALMATY, March 27 (Reuters) – A consortium developing
Kazakhstan’s huge Kashagan oilfield said on Thursday the results
of a probe into an industrial accident there were now expected
in the second quarter of 2014, and it was unclear when crude
production can be restarted.

“The results of these investigations are expected in
March/June 2014,” a consortium spokesman said in written
comments to Reuters.

Mar 27, 2014

As Kiev looks West, Putin turns east to build Eurasian dream

ALMATY (Reuters) – With his biggest prize escaping his grasp in Ukraine, Vladimir Putin is likely to turn to the autocrats of Central Asia, particularly Kazakhstan’s Nursultan Nazarbayev, to further his aim of erecting a Eurasian Union of former Soviet states.

The Russian president’s swift annexation of Crimea has earned him huge popularity at home but ends his dream for now of bringing the rest of Ukraine voluntarily into the new structure he plans to build on as much as possible of the ex-Soviet space.

Mar 18, 2014

Kashagan oil group appeals $737 mln ecological fine

ALMATY, March 18 (Reuters) – A consortium developing
Kazakhstan’s huge Kashagan oilfield said it had appealed a 134.2
billion tenge ($737 million) fine by a regional Kazakh authority
for ecological damage at the site in the Caspian Sea.

The fine adds to the woes of the multinational group, which
has already spent about $50 billion after numerous delays.