Dmitry's Feed
Jun 4, 2012

Relatives cram Kazakh court for riot trial verdict

AKTAU, Kazakhstan (Reuters) – Relatives of 37 protesters accused of rioting in a Kazakh oil town crammed into a makeshift courtroom on Monday to await the verdicts in the largest trial relating to the deadly December clashes.

The defendants stand accused of participating in riots that killed at least 14 people and saw police use live rounds. The violence posed the most serious challenge to President Nursultan Nazarbayev in more than two decades of power and shattered the Central Asian state’s reputation for stability.

May 28, 2012

Five Kazakh policemen jailed over oil town clashes

ALMATY, May 28 (Reuters) – Five Kazakh policemen were jailed
for between five and seven years on Monday for abusing their
power during clashes between armed officers and striking oil
workers in the country’s worst violence in decades.

At least 14 people were killed in the fighting that erupted
in the western oil town of Zhanaozen on Dec. 16 after a
seven-month strike by oilmen demanding higher wages spun out of

May 21, 2012

Six convicted over Kazakhstan oil riots – court

ALMATY, May 21 (Reuters) – Six people were convicted on
Monday for taking part in deadly labour riots in Kazakhstan that
were seen as a major challenge to the authority of President
Nursultan Nazarbayev.

Another six people were cleared of rioting during the two
days of violence that left at least 15 dead in December, court
officials said.

May 17, 2012

Uzbekistan aims to join China gas supply route in 2012

TASHKENT, May 17 (Reuters) – Uzbekistan aims to start
pumping natural gas to China this year through a pipeline
spanning three Central Asia states, gaining access to a supply
network key to diversifying supplies from the ex-Soviet region,
a senior Uzbek official said on Thursday.

The Central Asian pipeline network, launched in 2009, runs
nearly 2,000 km (1,250 miles) from Turkmenistan through the
former Soviet neighbours of Uzbekistan and Kazakhstan before
reaching China’s northwestern Xinjiang region.

May 17, 2012

Uzbekistan says to start gas supply to China in 2012

TASHKENT, May 17 (Reuters) – Uzbekistan will start to ship
natural gas to China via a pipeline running from Central Asia
this year, and plans to supply up to 4 billion cubic metres
(bcm) by end of the year, a senior Uzbek official told Reuters
on Thursday.

The Central Asian pipeline network, launched in 2009, spans
about 2,000 km (1,250 miles) from Turkmenistan, Uzbekistan and
Kazakhstan before reaching China’s northwestern Xinjiang

May 16, 2012

Tethys wins oil contract in Uzbekistan, awaits more

TASHKENT, May 16 (Reuters) – Tethys Petroleum
said it hopes to strike a deal with Uzbekistan this
year to develop a highly prospective block, after winning the
right to develop another oilfield in the Central Asian nation.

Tethys, listed in London and Toronto, said its experience
showed that “flexible” independent oil companies like itself
could prosper in the former Soviet nation.

Apr 11, 2012

Red Cross makes first visit to Turkmenistan jail

ALMATY, April 11 (Reuters) – Turkmenistan has allowed a Red
Cross delegation to visit one of its prisons for the first time
since the reclusive Central Asian nation’s independence from the
Soviet Union in 1991, the International Committee of the Red
Cross (ICRC) said on Wednesday.

The Red Cross delegates, including a doctor, made a round of
one of the penitentiaries of Turkmenistan’s interior ministry
last week, the Geneva-based ICRC said in a Russian-language
statement posted on its website.

Apr 5, 2012

Kazakh state fund backs BTA bank’s debt rescue plan

ALMATY/ASTANA, April 5 (Reuters) – Troubled Kazakh bank
BTA’s biggest shareholder, the state investment fund,
said on Thursday it would press ahead with a debt restructuring
plan and dismissed suggestions that the bank should instead be
allowed to fail.

Kazakhstan’s third-largest bank by assets, which is majority
owned by the sovereign wealth fund Samruk-Kazyna, defaulted on a
$2 billion, 2018 Eurobond in January, only 18 months after a
first round of restructuring cut its debt by two thirds.

Apr 2, 2012

Kazakh bank Halyk 2011 net income up, to rise further

ALMATY, April 2 (Reuters) – Halyk Bank ,
Kazakhstan’s largest lender by assets, reported on Monday a 9.1
percent rise in net profits last year to 39.5 billion tenge
($267 million) and said it expected a further rise to some 50
billion tenge in 2012.

Halyk said last year’s rise was in part due to a fall by
nearly 20 percent in bad debt charges.

Mar 28, 2012

Forlorn relatives of Kazakh accused appeal to West

AKTAU, Kazakhstan, March 28 (Reuters) – Timid and tearful,
relatives of those accused of rioting in a windswept Kazakh oil
town had one message from inside the makeshift courtroom: “If
only the West could hear us.”

Most hold little hope for the 37 defendants who went on
trial this week accused of participating in clashes in December
that killed at least 14 people and saw police use live rounds in
the oil town of Zhanaozen.