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“Oil price can plunge to $25 after lifting Iran bans”, “Former Turkish president Suleyman Demirel dies in hospital”, “Nazarbayev ordered to establish causes of saiga“, “ONGC Videsh to invest $400 mn for exploration activities in Kazakhstan”, “ALC places s

June 17 2015, 15:22

dw.de. “Former Turkish president Suleyman Demirel dies in hospital" - Suleyman Demirel, the former Turkish president, has died in the hospital. He was prime minister seven times and became the country's 9th president, ruling from 1993 until 2000.

kazpravda.kz. “Nazarbayev ordered to establish causes of saiga“ - President chaired a Security Council session. At the Security Council session that brought up environmental safety, Nazarbayev resented the inability to identify the root causes of saiga mass mortality.

inform.kz. “Oil price can plunge to $25 after lifting Iran bans"- Oil price can plunge from the current $64 to about $25 per barrel after lifting sanctions on Iranian oil purchase. Sam Barden, the director of Wimpole International, an energy market development company believes that the decision to raise Iranian oil export by 0.5 million barrels per day (mb/d) will certainly push prices down, because traders (financial through Brent complex) perception will go from having long positions in oil to short positions and that will mean price capitulation.

thehindubusinessline.com. “ONGC Videsh to invest $400 mn for exploration activities in Kazakhstan"- ONGC Videsh will invest up to $400 million for exploration activities on its Satpayev block in Kazakhstan, the company's Managing Director, N K Verma, said on Wednesday. The exploratory drilling will start next month. "The company has already invested $150 million in the block. We have also committed to invest up to $400 million over there. While we have 25 per cent stake in the block, we will be funding the entire exploration activities," said Verma.

aviationnews-online.com. “ALC places seven new A320neo Family aircraft with Air Astana” - Air Lease Corporation (ALC) has announced long term lease agreements for seven new Airbus A320neo Family aircraft with Air Astana, the national airline of Kazakhstan. The seven aircraft include two new A320neos and five new A321neos and LRs, all from ALC's order book with Airbus. One A320neo is scheduled to deliver in Spring 2016, while the remaining six aircraft will deliver in 2018 and 2019.





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