From The Foreign Policy Association, a nice summary of China’s growing influence in the Central Asian states. As the article notes, recent projects include: “-A 960-kilometer oil pipeline from Western Kazakhstan to Western China has partially started operations and should be carrying 20 millions tons of the black gold annually in only a few years […]
Read more »Via The Financial Times, an interesting look at which emerging markets Mark Mobius (executive chairman of Templeton Asset Management) is focusing on, in spite of the recent credit-related financial turmoil. As the article notes, Mobius has long been at the forefront of drawing investors toward frontier markets, including Bangladesh, Botswana, Estonia and Tunisia, and now […]
Read more »According to Reuters, Kazakh state oil company KazMunaiGas will create a joint venture with Royal Dutch Shell to handle the production segment of the Kashagan oilfield. As noted in the article: “…Energy Minister Sauat Mynbayev said KazMunaiGas would take over production-related operations at Kashagan in five years and join its new operational structure, according to […]
Read more »As reported by Window on Eurasia, Chinese, Kyrgyz and Uzbek experts have reached agreement on the route of a railway line between China and Central Asia, but this project – which would transform the geopolitics of the region – still faces some serious technical and political obstacles. As the article notes: “…experts have agreed on […]
Read more »From The Spectator, an interesting look at how the credit crunch has reached & affected Kazakhstan. Unlike the bullish news we regularly see on the country’s petro-driven economy, this article notes: “…these are troubling times for Kazakhstan’s 15 million citizens. The economy is slowing — from over 9 per cent growth in 2006 to an […]
Read more »Via Arabian Business, an interesting look at the wave of Middle Eastern investment targeting Kazakhstan. Up for grabs is the vast and untapped commodity wealth of a country the size of Western Europe, with all the wheat, copper and uranium that Gulf states need. As the article notes: “…The head of investment banking at Renaissance […]
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