Kazakhstan Power Report Q3 2009

BMI forecasts that Kazakhstan will account for 4.49% of Central and Eastern European (CEE) regional power generation by 2013. CEE power generation in 2008 was an estimated 2,096 terawatt hours (twh), representing an increase of 2.8% over the previous year. We are forecasting a rise in regional generation to 2,340twh by 2013, representing an increase of 11.6% over our five-year forecast horizon.

» Read more

Eastern Europe and Kazakhstan

State-owned KazMunaiGaz (KMG) says it is close to finalising a deal with China National Petroleum Corporation jointly to buy MangistauMunaiGaz (MMG). The initial share-sale agreement was signed between the owner of MMG, Indonesia’s Central Asia Petroleum, and Mangistau Investments, jointly owned by the Kazakhstani and Chinese companies, during the visit of Kazakhstan President Nursultan Nazarbayev to China in April. KMG will finance its part of the deal using $5bn of credit granted by the Chinese.

» Read more
1 46 47 48 49 50