Monthly review for September 2009: Central Asia & Caspian Region

In this issue:

2 Laws & Legislations
2-3 Politics and Economics
2 Turkmenistan to hold gas talks with Russia soon
2 Transit transportation via Azerbaijan exceeds 4mn tons of cargo in Jan.-Aug
2 Armenia GDP to contract 15 pct in '09
3 Azerbaijan Jan-Aug Oil Output Up 6.3% At 1.01 Million B/D
3 Azerbaijan foreign trade turnover exceeds $12.4 bn for Jan-Aug 2009 with surplus of $4.7 bn
3 Volumes of mortgage lending increases in Turkmenistan
3 Kyrgyz GDP growth hit 3.4 percent in January-August 2009
3 Upcoming events
4 Banking
4 Armenian Central Bank again cuts key lending rate
4 Baku Interbank Currency Exchange’s turnover on US dollar spot
transactions in BEST system still makes $1.65 bn for 2009
4 HR News
5-6 Corporate News
5 EBRD grants €10 million loan to Interglass of Kyrgyz Republic
5 Turkmens may give Russia’s Itera gas block as exports stalled
6 Baku wants to store oil in South Korea
6 SOCAR launches research of a new prospective hydrocarbon structure in Caspian
6 Total, Lukoil in talks to develop foreign projects
6 IPO and M&A news
6 Last month gainers / losers
7 Market Spotlight: TeliaSonera AB
8 AFS-Research news