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Article: Kazakhstan--as Russia turns the clock back by effectively renationalizing Yukos, its Caspian neighbor is heading in the opposite direction with plans to privatize an upstream subsidiary of national oil and gas champion Kazmunaigas.(Countries)(Brief Article)
- Article from:
- Petroleum Intelligence Weekly
- Article date:
- March 14, 2005
CopyrightCOPYRIGHT 2005 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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KAZAKHSTAN -- As Russia turns the clock back by effectively renationalizing Yukos, its Caspian neighbor is heading in the opposite direction with plans to privatize an upstream subsidiary of national oil and gas champion Kazmunaigas. The government aims by the end of 2005 to have floated up to 49% of Kazmunaigas Exploration and Production on the London Stock Exchange. Last month, the company produced over 180,000 b/d of oil from the Emba and Uzen oil fields in the west of the country (PIW ...
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