Author Archives: admin

Refinery capacity rises in Turkmenistan

MAY 31 2016 (The Conway Bulletin) — Turkmenistan’s ministry of oil and gas said it wants to double oil refining capacity in the country over the next three years, in an effort to increase the domestic output of oil products. The ministry said it plans to increase capacity to 20m tonnes by 2020 and then to 30m tonnes by 2030. Last year, Turkmenistan missed its goal of reaching its refining capacity of 15m tonnes. It currently only process around 11m tonnes/year.

ENDS

(News report from Issue No. 283, published on June 3 2016)

Tajik President’s daughter rises

MAY 29 2016 (The Conway Bulletin) — Ozoda Rakhmon, daughter of Tajik President Emomali Rakhmon, was elected senator after a local by-election for Tajikistan’s 33-seat upper house of parliament. Ms Rakhmon won all votes cast by the 201 Dushanbe administrators that were eligible to vote, according to official media. In January, Ms Rakhmon, 38, was named head of the Presidential Administration. It is unclear whether Ms Rakhmon will have to relinquish her previous post to serve as senator.

ENDS

(News report from Issue No. 283, published on June 3 2016)

Russia to ship oil to China, via Kazakhstan

MAY 30 2016 (The Conway Bulletin) — Nurtas Shmanov, head of Kazakhstan’s pipeline operator KazTransOil, said the company is ready to increase shipments of Russian oil to China via a Kazakh pipeline from 7m to 10m tonnes/year. Mr Shmanov said the pipeline wouldn’t need to be expanded to carry out the operation, effectively hinting that Kazakhstan could downsize its own oil exports to China.

ENDS

(News report from Issue No. 283, published on June 3 2016)

German investors present resort plan for Kazakhstan

MAY 29 2016 (The Conway Bulletin) — German investors presented a €30b ($34b) plan for the development of Kenderli, a new resort town on Kazakhstan’s Caspian Sea shore. The plan to build a new city near Aktau, to host around 200,000 inhabitants and several thousand tourists, has been touted for years. Now a group of German companies said it is ready to fund an initial €600m ($675m) for the project. Kazakhstan is trying to boost its tourist infrastructure and has earmarked the Caspian for development.

ENDS

(News report from Issue No. 283, published on June 3 2016)

Editorial: Armenian genocide

JUNE 3 2016 (The Conway Bulletin) — A vote by the German parliament to recognise the killings of thousands of Armenians by Ottoman Turks as a genocide has reverberated around Europe.

Turkey, predictably, was outraged and recalled its ambassador from Berlin. Angela Merkel, the German Chancellor who has come under much pressure to reduce the flow of migrants from Syria and beyond to Europe, appealed for calm. She has a vested interest, of course, as she is relying on Turkey to stem much of the migrant flow.

The decision by the German parliament to recognise the genocide, which has always been framed by Turkey as a consequence of the chaos of World War I, actually changes very little, other than affirming a major plank of Armenian foreign policy. It doesn’t change German policy towards Turkey, although it may impact the Turkish view of Germany.

What it definitely does do, though, is remind the world of the dreadful killings over 100 years ago of around 1.5m Armenians – whether you agree that this technically constitutes a genocide or not. And this is important.

ENDS

(Editorial from Issue No. 283, published on June 3 2016)

Kazakh businessman to sell MEGA

JUNE 1 2016 (The Conway Bulletin) — Nurlan Smagulov, one of Kazakhstan’s wealthiest businessmen, said he has found a buyer for his shopping malls in Astana and Aktobe, both under the MEGA brand. Last year, Mr Smagulov sold his MEGA shopping mall in Shymkent, in the south of the country. Mr Smagulov said proceeds from the sales will fund the growing costs for the completion of the MEGA Silk Way shopping centre in Astana.

ENDS

(News report from Issue No. 283, published on June 3 2016)

Azerbaijan readying a 2nd Eurobond

JUNE 1 2016 (The Conway Bulletin) — Azerbaijan’s state-owned Southern Gas Corridor company said it will issue a second $1b Eurobond by the end of 2016 or early next year, Bloomberg reported. The Southern Gas Corridor, which is in charge of a pipeline network that will connect Azerbaijan’s gas fields with European consumers by 2019, issued a $1b Eurobond in March. Sustained low oil prices have hit the financial feasibility of several large infrastructure projects across the region.

ENDS

(News report from Issue No. 283, published on June 3 2016)

Georgia to build new airport

MAY 31 2016 (The Conway Bulletin) — State-owned company United Airports of Georgia said it had opened a tender for the construction of a new airport in the town of Zugdidi, 300km west of Tbilisi. The new airport, which will be built in the same location as the existing one, will service both domestic and international flights.

ENDS

(News report from Issue No. 283, published on June 3 2016)

Land commission dampens protests in Kazakhstan

ALMATY, JUNE 1 2016 (The Conway Bulletin) — Activists in Kazakhstan said President Nursultan Nazarbayev’s move to defer changes to the land code until next year and set up a commission to improve dialogue with ordinary people was a positive step, although frustrations over the economy still lingered.

Proposed changes to the land code, that would have given foreigners more rights to own and lease land, sparked a protest in Atyrau in April. Those protests then spread across Kazakhstan, taking on a more general anti-government flavour although the land reform issue was still a key concern.

In Kazakhstan, analysts have said, it is difficult for ordinary people to protest directly against the government. Police detained hundreds of protesters on May 21 ahead of planned anti-government demonstrations.

Instead it is easier to protest against a single issue, such as land reforms, and use this to channel grievances over a stalling economy, job losses and a currency devaluation.

At press conference in Almaty, Mukhtar Taizhan, a high profile opposition activist who has been appointed to the land reform commission, said that Kazakhstan’s society was still riven through with tension over the economy.

“The work of commission does not eliminate increasing tensions in our economy,” he said. “If we want stability, we need to change our economic politics urgently.”

Other activists interviewed by the Conway Bulletin’s Kazakhstan correspondent agreed. Saken, an activist said: “There will be no mass protests in the near future because the land commission has softened the current situation.”

ENDS

(News report from Issue No. 283, published on June 3 2016)

EEU holds meeting in Kazakh capital

MAY 30 2016 (The Conway Bulletin) — At a meeting in Astana, leaders of the Russia-backed Eurasian Economic Union delayed the establishment of a single energy market to 2025. Previously, the EEU’s plan was to roll out a barrier-free single market for oil and gas by 2024. The parties did not comment on the reasons for the delay.

ENDS

(News report from Issue No. 283, published on June 3 2016)