VENTURE CAPITAL POST

Russia is reportedly considering Kazakhstan as a potential source of gasoline in the event of shortages aggravated by Ukrainian drone attacks on oil refineries.

Energy, transport and finance deals are likely to be on the agenda as Chinese President Xi Jinping meets his Russian counterpart Vladimir Putin during a three-day visit to Russia, where he will attend World War Two commemorations.

Russian President Vladimir Putin proposed on Friday creating a regional currency union with Belarus and Kazakhstan, Russia's main partners in a union of ex-Soviet states facing growing economic challenges.

Growing damage from Russia's financial crisis on neighboring former Soviet states could bury President Vladimir Putin's dream of creating an economic union to rival the United States and European Union.

Moscow, Russia-based affiliate marketing and advertisement firm CityAds Media nabbed a $5-million investment from private equity investor Klever Internet Investments in exchange of a minority stake in the ad company.

Colorado, US-based private equity fund management group Centurion Resource Group (CRG) acquired a 75% stake in a copper project located in Karagandy, Kazakhstan, for an undisclosed amount.

Samruk-Kazyna, Kazakhstan's sovereign wealth fund, on Monday struck a deal to sell equal-sized stakes in its BTA Bank. Its holding in the country's third-biggest bank will be sold to Kazkommertsbank and businessman Kenes Rakishev for an undisclosed sum.

US-based private equity fund Exhilway Global has closed USD200 million for its mines and minerals private equity fund that will operate in Indonesia, Turkey, and Kazakhstan.

KazMunaiGaz purchases Kashagan oil field shares for Kazakhstan.

President Nursultan Nazarbayev confirmed that Kazakhstan would be inking 22 deals with China worth USD 30 billion on Saturday.

Kazakh government sources told Reuters that the country had agreed to sell 8.33% of its stake in the Kashagan oil field to China.

Founders of ENRC announced that investors had already accepted up to 94.5% of its buyout offer.

Condor Petroleum Inc. would sell its nterest in Kazakhstan's Marsel territory worth US$88 million.

China National Petroleum Corp pays out US$5 billion for a share in the Kashagan oil fields of Kazakhstan.

KazMunaiGas are preparing two tranches of Eurobond issues each with a nominal value of US$200 million.