Tajikistan

The Chinese Tebian Electric Apparatus will extract gold in Tajikistan

The Chinese Tebian Electric Apparatus (TBEA) has been granted the license for geological prospecting, exploration and extraction of gold and accompanying mineral resources at 2 golden ore deposit in Northern Tajikistan until 2017, the local mass-media report.
Earlier Tebian Electric founded specially for the work in Tajikistan the subsidiary ТВЕА Dushanbe Mining Industry that completes now geological exploration at the deposits of Eastern Duoba abd Upper Kumarg in the Sogdi region.

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Over the past 8 years, Kazakhstan invested $500 million in Tajikistan

Kazakhstan is one of major investment and trade partners of Tajikistan. Over the past 8 years, the amount of accumulated Kazakh investments in the Tajik economy reached almost $500 million, the BNews.kz reports.

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A branch for gas supply to Southern Kyrgyzstan will be built from the pipeline of Turkmenistan – China

The professor, the member of the public supervisory council under the Ministry of Energy of Kyrgyzstan V. Kasymova says that it’s unreasonable to sell the lands of Kyrgyzstan in exchange for gas because in the future they expect the construction of the gas pipeline from Turkmenistan via the territory of the Alaysky district to China, and a branch for gas supplying to the Osh and Batkensky regions can be built from there. She claims that Kyrgyzstan possesses own hydrocarbon reserves and they should be developed with the attraction of investment. In her opinion, it’s wrong that Kyrgyzgaz is sold to Gazprom. One of the promises of Gazprom was to execute deposits exploration for gas and to develop industrial reserves if those are discovered. Kyrgyzstan should not agree with the demand of Uzbekistan to sell a part of the Kyrgyz lands for gas.

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Glencore can help UC Rusal in Tajikistan

The Trader Glencore, which owns 8.75% of UC Rusal, is ready to invest into the modernization of the Tajik Aluminium Company (Talco). Meanwhile, the agreement of UC Rusal’s shareholders implies restrictions on the purchase of core assets by the parties, and the company itself has been trying to recover $274 million of debt from Talco. Sources of the Kommersant believe that Glencore can make the payments a condition of the investment.
The Tajik President, Emomali Rahmon has discussed cooperation in the production, processing and sale of aluminium with head of the Glencore AG’s aluminum unit Andrew Kaplan. Glencore “intends to contribute to the technological modernization of the state unitary enterprise Tajik Aluminium Company (Talco) and to restore the production capacity of the plant," the press centre of the President specified. Talco is the only aluminium producer in Tajikistan. Its capacity is over 500 thousand tons per year, but in 2013 only 216.4 thousand tons were produced, the plant made the loss in the amount of $40 million. In 2003, UC Rusal, in which Glencore owns a 8.75% stake, began working with Talco, planned to take a controlling stake in the plant, but in 2004 the partnership ended, and the companies began to be at low since 2005. In October 2013, UC Rusal reported that according to the decision of the International Commercial Arbitration in Switzerland Talco owed the Russian company $274.3 million. The court rejected a counterclaim against a structure of UC Rusal for $400 million.

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China buys the lead-zinc deposit "Zarnisori Shimoli" from Tajikistan.

An agreement to develop the "Zarnisori Shimoli" field was signed in Dushanbe.
The agreement signing between the State Committee on Investments and gosimuschestvom Tajikistan and "Tajik-Chinese mining company" (TC-Gorprom) to develop the lead and zinc deposits was held in Dushanbe this week.
The agreement was signed by Kodiri Cosima, the chairman of the State Committee, and Huang Xiang Zhong, the president of the Chinese company, as reported on the website of the State Committee on Investments and State Property Management.

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In January-July, gold production in Tajikistan grew by 5.23%

In January-July of this year, gold production in Tajikistan increased by 5.23% as compared with the same period of the previous year, the Minister of Industry and New Technologies of the Republic Shaukat Bobozoda reported at the press conference in Dushanbe on Thursday.

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Primary aluminium production fell twice in Tajikistan in H1

The primary aluminium production fell by 54 thousand tons in Tajikistan in H1 2014. The Minister of Industry and New Technologies, Sh. Bobozoda said. From the beginning of 2014 the aluminium production at “Talko” aluminium company made up more than 60 thousand tons, by almost twice less than in H1 2013.
In H1 2013, 115 thousand tons of aluminium were produced. The output of this metal fell due to a number of reasons, including the objective ones. It is connected with the clay supplies and exports of goods. Mr. Bobozoda said that a working group to work out the program on the improvement of the aluminium company’s activity was founded.

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Coal mining in Tajikistan increases by almost twice

In, coal mining in Tajikistan increased by almost twice as compared with the same period in 2013.
As the press centre of the Tajik Ministry of Industry and New Technologies reported, in the first six months of this year, the coal production amounted to 300 thousand tons that is by 130 thousand tons more than in the same period in 2013.
The Ministry of Industry stressed that recently miners increased the daily production of coal from 3.5 thousand tons to 4.5 thousand tons.

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Gazprom plans to obtain license for Naftmaidon field in Tajikistan

Gazprom plans to obtain a license for work at the Naftmaidon field, which is located in the north of Tajikistan.
A subsoil user must have the appropriate license to carry out works at any site in Tajikistan. Gazprom hasn’t had such license for a while, but considers the possibility to obtain it.The prospects of the Naftmaidon field may be assessed only after its special study.
Gazprom is presented by Gazprom International in Tajikistan. This is a specialized enterprise of Gazprom on the implementation of projects in prospecting, geological exploration and production of hydrocarbons abroad.
The company plans to build a refinery or a gas processing plant in the territory of Tajikistan.
But, according to specialists, effectiveness of such enterprise creation in Tajikistan depends on results of the geological exploration and production of oil and gas in this country.

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Kazakhstan becomes the major transiter of Turkmen gas to China

Turkmen gas exports to Russia stably reduces. Since the date of the launch from the gas pipeline from Turkmenistan to China via Kazakhstan and Uzbekistan, Russia gradually loses its leading position of Turkmen gas importer and transiter. However the income of Turkmenistan continues growing.
After collapse of the USSR, most of the representatives of the Turkmen political and economic elite left the state for Russia, the Ukraine or abroad the CIS. All that remained in Turkmenistan was the previously constructed oil and gas infrastructure and the pipeline system that includes the largest pipeline Central Asia – Center. They did not arise the point of cessation of Turkmen gas supplies to Russia then.

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