IMF - Kazakhstan's growth was strong in the first half of 2018 at 4.2 percent, led by manufacturing, oil, and a recovery of credit growth. With base effects from high growth in late 2017, the team forecasts growth of 3.7 percent in 2018, and as oil production gains moderate, 3.1 percent in 2019.
WNN - Holtec International subsidiary Holtec Asia has signed a Memorandum of Understanding (MoU) with the government of Maharashtra to establish a heavy manufacturing facility to support India's planned nuclear generation expansion.
PLATTS - India's crude imports surged to 5 million b/d in October to register the highest monthly inflows in more than seven years as refiners rushed to ship in cargoes amid doubts on whether New Delhi would win a waiver on Iran.
IMF - Uzbekistan's gross domestic product (GDP) continued to expand at about 5 percent. Growth in the communication, construction, mining, and some service sectors remained strong through the third quarter.
PLATTS - Recent activity in the US Gulf Coast shipping market signals that Chinese buyers have returned to buying US crudes oil after halting all imports of US grades in August and September.
BLOOMBERG - The $11 billion pipeline is one of three giant projects helping the world’s biggest gas producer strengthen its grip on Europe and Asia. Thousands of miles to the east, the Power of Siberia pipeline will connect with China, and a project under the Black Sea will deliver fuel to Turkey and southeast Europe.
ARAB NEWS - Saudi Arabia has shown investment interest in Pakistan’s largest coastal refinery, a multibillion-dollar project being set up at Khalifa Point, near Hub, Balochistan, officials have confirmed.
CNBC - India and China are set to drive the world's nuclear power production growth as the two developing nations — among the top consumers of energy in the world — pursue their respective national nuclear energy programs.
SHANA - “The Americans have constantly said they would bring Iran’s oil sales to zero, but l have to say that we have been able to sell oil as much as we need up until today,” Jahangiri noted in remarks on Tuesday.
FT - Russia has vowed to help Iran counter US attempts to throttle its oil sales when sanctions come into effect next week, saying it will continue trading Tehran’s crude in defiance of Washington.
NIKKEI ASIAN REVIEW - Annual gas exports from Kazakhstan to China are set to double in 2019, as Beijing moves to cushion the impact of its trade war with the U.S.
U.S. DC - When contracting with U.S. companies on public tenders, the citizens of Uzbekistan can be guaranteed that there are no shady deals involved. The 1977 Foreign Corrupt Practices Act prohibits U.S. companies from engaging in any type of corrupt practice to win contracts. The law is strictly enforced by the U.S. Department of Justice and has been instrumental in fighting corruption.
REUTERS - Saudi Arabia has agreed to give Pakistan $3 billion in foreign currency support for a year and a further loan worth up to $3 billion in deferred payments for oil imports to help stave off a current account crisis, Pakistan’s government said on Tuesday.
PLATTS - Kazakhstan plans to produce a total of 21,600 mt of uranium in 2018, a decrease of almost 20% compared with the previously forecast 27,000 mt, Riaz Rizvi, Kazatomprom's chief commercial officer said.
AZERNEWS - The estimated cost of construction of nuclear power plant of Russian design in Uzbekistan will be about $ 11 billion, the launch of the first power unit has been planned for 2028, the Aide to the President of the Russian Federation Yury Ushakov said.