Category Archives: Uncategorised

ENA to upgrade Armenian power distribution system

APRIL 11 2016 (The Conway Bulletin) – The Electric Networks of Armenia (ENA), the Armenian national grid, said it would invest 20b drams ($42m) into modernising the country’s power distribution system. The largest proportion of this cash will be spent on updating the metering system. Russia-based, but Armenian-owned, Tashir Group bought ENA last year from Russia’s Inter RAO. Electricity is a sensitive topic in Armenia. Last year, when ENA tried to increase prices, streets protests forced it to back down.

ENDS

(News report from Issue No. 276, published on April 15 2016)

Arrested Kazakh journalist suffers high blood pressure

APRIL 8 2016 (The Conway Bulletin) – Setykazy Matayev, a senior figure in Kazakhstan’s media scene and the former head of President Nursultan Nazarbayev’s press office, was sent to hospital suffering from high blood pressure. He was arrested last month and charged with corruption. He is the the most high-profile journalist to be arrested during a crackdown by the authorities on media over the past few months. Analysts have said the crackdown could be linked to a drop in the economy.

ENDS

(News report from Issue No. 276, published on April 15 2016)

Tajik and Kyrgyz migration start to rise

APRIL 8 2016, DUSHANBE (The Conway Bulletin) — Migration from Kyrgyzstan and Tajikistan to Russian cities rose in April, signalling an improvement in Russia’s economy and also, potentially, giving all-important remittance flows back to Central Asia a boost.

Kyrgyzstan and Tajikistan marked an increase of 0.2% and 1.8% in the number of migrants in Russia compared to the same time last year, according to official statistics from the Russian Federal Migration Service. It recorded its data on April 6.

The rise may be small but it is important as it breaks a downward trend over the past 18 months. Also, official figures only report on a portion of the total migrant population as a large part of it is illegal. When official statistics go up, analysts believe the overall number of migrants grows even faster.

Together with Uzbekistan, which recorded the same number of people living in Russia this year as 2015, people from Kyrgyzstan and Tajikistan represent the most important migrant populations from Central Asia. The home countries of these migrant workers depend heavily on remittances from their migrant workers.

Migrant numbers to Russia had slowed significantly in the past two years due to tougher migration policies and a sharp depreciation in the rouble at the end of 2014, linked to a fall in oil prices and a recession. The drop in the value of the rouble also depressed the value of remittances that migrants were sending home.

This year, though, the rouble has gained around 17% against the US dollar since the low point of 81/$1 in mid-January and the economic situation in Russia appears to have improved enough to attract migrants once again.

ENDS

(News report from Issue No. 276, published on April 15 2016)

Georgian court rules surveillance bill unconstitutional

APRIL 11 2016 (The Conway Bulletin) – Georgia’s Constitutional Court ruled that a 2014 surveillance bill is unconstitutional, rolling back on a controversial piece of legislation. The law allowed the security services to have unrestricted access to telecom operators’ networks to monitor communications. President Giorgi Margvelashvili had vetoed the bill in November 2014, but the Parliament overrode the veto and adopted the legislation.

ENDS

(News report from Issue No. 276, published on April 15 2016)

Kazakh President signs Iran deal

APRIL 10 2016 (The Conway Bulletin) – Kazakh President Nursultan Nazarbayev flew to Tehran to meet with President Hassan Rouhani sign deals worth around $1b, giving Kazakhstan-Iran economic ties a major boost. Kazakhstan has been forthright at trying to boost economic ties with Iran since sanctions were relaxed earlier this year.

ENDS

(News report from Issue No. 276, published on April 15 2016)

Armenia receives gas discount

APRIL 8 2016 (The Conway Bulletin) – A week after agreeing to a price cut for its gas exports to Kyrgyzstan, Russian state-owned Gazprom said it would give Armenia a similar discount for this year’s supplies.

Gazprom’s CEO Alexei Miller and Anatoly Yanovsky, Armenia’s deputy energy minister, signed the agreement after Russian PM Dmitri Medvedev visited Yerevan and discussed the price cut with President Serzh Sargsyan.

Gazprom agreed to give a 9% discount for the gas it pumps to Armenia, the same percentage discount as Kyrgyzstan, lowering the price to $150 per 1,000 cubic metres.

The long-awaited discount, importantly, fell short of Armenian officials’ expectations, having seen Gazprom’s prices to Europe fall by an average of 40% in the past 18 months.

“Any decline in prices is positive, but in this case, a $15 drop cannot be considered a serious help to reducing the prime cost of Armenian goods,” Artsvik Minasyan, minister of economy, said.

Armenian officials had said they hoped to get a 12% discount.

ENDS

(News report from Issue No. 276, published on April 15 2016)

Coup trials start in Tajikistan

APRIL 5 2016 (The Conway Bulletin) – A court in Tajikistan sentenced Alisher Nazarov, nephew of former deputy defence minister Abdukhalim Nazarzoda to 3-1/2 years in prison, in what marks the beginning of a series of trials of people accused of a coup attempt last September. Nazarzoda, who allegedly led the armed insurrection, was reportedly killed on Sept. 15 by the Tajik army. The apparent coup attempt lead to a crackdown on Islamists across the country and a ban on supporting religious parties.

ENDS

(News report from Issue No. 275, published on April 8 2016)

Kazakh coal production shrinks

APRIL 5 2016 (The Conway Bulletin) – Coal production in Kazakhstan could shrink by as much as 20% by 2040, Bolat Akchulakov, president of Kazenergy, an industry lobby group, said. Kazakhstan relies on coal for 66% of its energy consumption. A number of coal fired power plants are currently being phased out both in Kazakhstan and in Russia, the main destination of Kazakhstan’s coal exports.

ENDS

(News report from Issue No. 275, published on April 8 2016)

Italy dismisses Georgian rebel region

APRIL 1 2016 (The Conway Bulletin) – The Italian Foreign Ministry dismissed a claim that the alleged new embassy of South Ossetia in Rome has any official status. Earlier, the Kremlin-backed Sputnik news agency reported the imminent opening of a representative office for South Ossetia in Rome. The Italian ministry said its official position “is to refuse recognition of the independence and sovereignty of South Ossetia.” Only Russia and a handful of countries looking to curry favour with the Kremlin have followed this lead and recognised South Ossetia as an independent country.

ENDS

(News report from Issue No. 275, published on April 8 2016)

Azerbaijani SOCAR to borrow from IBA

APRIL 5 2016 (The Conway Bulletin) – Azerbaijan’s state-owned energy company SOCAR will receive a loan of around $260m from the International Bank of Azerbaijan this year for the modernisation of the Heydar Aliyev oil refinery near Baku, Suleyman Gasimov, SOCAR’s vice president told local media. Last October, SOCAR and IBA agreed to a $1.6b loan that IBA would extend in several periodical tranches.

ENDS

(News report from Issue No. 275, published on April 8 2016)