KazMunayGas purchases from Samruk-Kazyna share in KMG Kashagan B.V. for $3.8 billion


KazMunayGas bought out a 50% stake in KMG Kashagan B.V. from Samruk-Kazyna. KMG noted that the company had exercised a call option to repurchase from the holding.

"On September 15, 2022, KazMunayGas used its right under the agreement concluded in 2015 and acquired from Samruk-Kazyna a 50% stake in KMG Kashagan...