30.08.10 Caspian Focus
August issue: Table of contents
GIFFEN: PLEA BARGAIN AVOIDS TRIAL AND POSSIBLE REVELATIONS
KAZAKHSTAN
> Giffen saga draws to a close with a whimper after deal with US
prosecutors
> Nazarbaev appoints 'grey cardinal' as chief spook of national security
agency KNB
> Dariga and son sell bank stake to sports supremo Sophia Sarsenova
> Deal close on KMG Karachaganak farm-in but it is still not clear how big
KMG's equity will be
> Kashagan project hit by more delays and expected to come into operation
in
2018–19
> Table 1: North Caspian Operating Company shareholders
> TCO reports first-half performance of 550,000 b/d
> PK to pay damages to end Turgai dispute and resolve legal spat that
dates
back to 2005
> Max loses its Astrakhanskiy licence...but Tethys extends at Kul-Bas
> Zhaikmunai exports from Feodosiya
AZERBAIJAN
> ACG partners win points from BP
> Table 2: ACG structure
REGIONAL FOCUS
> CPC plans $4.6bn investment over the next four years to increase pipeline
capacity
> Table 3: CPC shipments
> BTC gets first Cheleken crude from Turkmenistan
> Nabucco partners still undecided about investing in 3,000km pipeline
system
> Pentagon shortlists jet fuel suppliers for the Manas airbase in
Kyrgyzstan
TURKMENISTAN
> US majors offered encouragement regarding new offshore oil deals
> Chinese finance sought for South Yolotan which is on course to provide a
large chunk of Turkmenistan's future gas production