Sunday, August 21, 2011

Eurasian News This Week

Uzbekistan-China - Uzbekistan has invited Chinese companies to jointly explore and develop uranium sands deposits on its territory. "Now Goskomgeo and Navoi Mining is considering cooperation with Chinese companies on the exploration of promising uranium areas of sandstone-type", - informed the representative of the geological department. According to him, this work is carried out in accordance with the agreements reached during President Islam Karimov's visit to China during April. Uzbek mineral authorities set up in 2009 a $4.6 million 50-50 joint venture with China’s CGNPC Uranium Resources to prospect for uranium. This is the first joint venture created to develop uranium deposits in Uzbekistan.

Ukraine-Russia-Turkmenistan - Ukraine is interested in importing natural gas supplies from Turkmenistan, the Ukrainian premier told a visiting top level Turkmen official on Wednesday. "We are continuing negotiations with Russia regarding the possibility of the resumption of deliveries of Turkmen gas," the Itar-Tass news agency reported Ukrainian Prime Minister Nikolai Azarov as telling Turkmen Deputy Prime Minister Rashid Meredov. The Ukrainian premier said his country stands ready to participate financially in the project, which would position the Eastern European country as a link in the shipment of gas supplies to hungry markets in Europe. Ukrainian’s pipeline system, which currently handles up to 140 billion cubic meters of gas per year, has a potential annual volume of 200 billion cubic meters with upgrades, he said.

Russia-Turkmenistan - On Thursday Russian President Dmitry Medvedev discussed with his Turkmen counterpart Gurbanguly Berdimuhamedov development of the bilateral relations between two states by telephone. The heads of states invited each other to visit the other state at any convenient time. The heads of states discussed topical issues in Russian-Turkmen cooperation, as well as the outcome of the recent significant bilateral activities in various fields.

Kazakhstan-China - Kazakhstan’s rare-earth metal exports rose 75% in the first half of 2011 compared to the same period last year, the Development Bank of Kazakhstan said in an August 18 statement. Kazakhstan has opportunity for growth in this sector because the world’s top rare-earth metal exporter, China, has curtailed its exports. “Kazakhstan, with its rich mineral and raw material basis, has good chances to take its niche [in rare earth metal production] provided that it succeeds in technological renovation,” the development bank said.


Articles referred to in this post:

"Узбекистан хочет вместе с Китаем разрабатывать урановые месторождения песчаникового типа" (Uzbekistan wants to work with China to develop uranium deposits)

"Украина ведет переговоры с Россией о поставках туркменского газа" (Ukraine negotiates with Russia on the supply of Turkmen gas)

"Медведев провел телефонные переговоры с президентом Туркмении" (Medvedev held telephone conversation with President of Turkmenistan)

"Президенты России и Туркмении до конца года обменяются визитами"
(The presidents of Russia and Turkmenistan will exchange visits by the end of year )

"Казахский экспорт редких металлов вырос на 75% в первом полугодии 2011 г" (Kazakh rare-earth metal exports up 75% in 1st half of 2011)

"Казахстан потеснит Китай на рынке редких металлов?" (Kazakhstan to press China on the market of rare metals?)

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