Edition:
United States

Olzhas Auyezov

Russia and Uzbekistan launch work on nuclear power plant

Oct 19 2018

TASHKENT Russia and Uzbekistan began preliminary work on Friday on the first Uzbek nuclear power plant, a project Moscow estimates will cost $11 billion.

UPDATE 3-Russia and Uzbekistan launch work on nuclear power plant

Oct 19 2018

* Tashkent seeks produce, refine more gas with Russian investments (Adds details of other Russin-Uzbek energy deals)

UPDATE 3-Top uranium producer Kazatomprom may sell 25 pct stake in London/Astana float

Oct 15 2018

* Share sale part of ambitious Kazakh privatisation drive (Adds prospectus date from registration document, context on uranium)

Liquidity drops at two large Kazakh banks in second quarter

Aug 29 2018

ALMATY, Aug 29 Two Kazakh banks, including the central Asian nation's No.2 lender by assets, have posted sharp drops in liquid assets in the second quarter, an analysis of official data showed, though the central bank said they were meeting regulatory requirements.

Russia, Iran, and three others agree Caspian status, but not borders

Aug 12 2018

AKTAU, Kazakhstan Iran and four ex-Soviet nations, including Russia, agreed in principle on Sunday how to divide up the potentially huge oil and gas resources of the Caspian Sea, paving way for more energy exploration and pipeline projects.

What's in a name? In Uzbekistan, it signals a reform drive

Jul 13 2018

ALMATY One evening last December, a crane lifted construction workers to the top of the ornate arched entrance to Uzbekistan's biggest commercial market. Overnight, they replaced the huge letters spelling out its title.

Vitol to offer $650 million more to Kazakhstan in oil prepayment deal

Jul 04 2018

LONDON/ALMATY/MOSCOW Major European trader Vitol is set to increase its cash-for-oil deal with Kazakhstan's state energy firm by offering about $650 million or more to finance the Kashagan oilfield, sources familiar with the matter said.

Russian lending not on EBRD agenda, positive on Central Asia

Jun 05 2018

ASTANA The European Bank for Reconstruction and Development has no plans to restart lending in Russia, but is upbeat on Central Asia following Uzbekistan's move to implement long-delayed market reforms, its president told Reuters.

Foreign companies struggle in cash-strapped Turkmenistan

Jun 04 2018

ALMATY/ANKARA Some foreign companies in Turkmenistan are struggling to make sales and collect payments as economic pressures mount in large part because of a sharp drop in the Central Asian nation's crucial gas exports.

Foreign companies struggle in cash-strapped Turkmenistan

Jun 03 2018

ALMATY/ANKARA Some foreign companies in Turkmenistan are struggling to make sales and collect payments as economic pressures mount in large part because of a sharp drop in the Central Asian nation's crucial gas exports.

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