Article: The Atyrau Refinery.

On Dec. 29, 2004, KMG E&P got a controlling 50% equity in the 104,427 b/d Atyrau refinery and its petrochemicals producing units, including its polypropylene plant and the Aktau plastics plant. The company said: "These enterprises are considered as a platform for creation of petrochemical technology parks".

The company said KMG E&P, together with the Ministry of Energy and Mineral Resources and KMG Holding, were taking part in the development of "a special economic zone (SEZ) and a "National industrial petrochemical technology park in Atyrau Oblast". On Dec. 29, 2004 shares of KMG E&P were included in a listing of "A" at the Kazakhstan stock exchange.

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