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Silk Road Intelligencer: News Roundup - September 6, 2007

Sep 6, 2007

News Roundup - September 6, 2007

EurasiaNet: Oil Consortium Wrangles with Government Officials Over Kashagan Oil Field
There is trouble is Central Asia’s energy paradise. Italian energy company Eni SpA is locked in a dispute with the Kazakhstani government over the development of the Kashagan oilfield. Astana is reportedly seeking at least $10 billion in compensation for production delays and cost overruns, as well as alter terms of a production-sharing agreement...
The Moscow Times: Operator Awaits Kashagan Statement
The Kazakh government will make a statement on the future of the Eni-led Kashagan oil field Thursday, Prime Minister Karim Masimov said as a deadline for the Italian company to make a proposal to pay compensation expired...
Hemscott: BG Says Kazakhstan's Karachaganak Project on Time, Within Budget
BG Group PLC has assured the 8 bln usd Karachaganak gas project in Kazakhstan remains on course with plans and within budget, a BG spokeswoman said...
Forbes: CTC Media Buys Stake in Kazakhstan Firm
CTC Media Inc., a Russian television broadcaster, said Tuesday it agreed to buy a stake in Kazakhstan broadcaster Channel 31 Group for $65 million in cash...
Radio Free Europe / Radio Liberty: Writer Charged For 'Insulting, Hateful' E-Mails
Nurlan Alimbekov, a self-described philosopher and political analyst in Kazakhstan, is facing criminal charges that include inciting religious and ethnic hatred for e-mails he sent and received...
Hotnews.ro: Kazakhstan Analysts: Rompetrol Was Too Expensive
Analysts argue that KazMunaiGaz purchased the 75% shares of the Romanian Rompetrol company at a too expensive price. The paid price, 2.7 billion USD is exaggerated, the Kazakh “Business&Power” magazine reads on Tuesday...

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