KMG 2006 profit up 180%

KazMunaiGaz E&P, the upstream unit of KazMunaiGaz, said on Monday that its net income from continuing operations rose 180% in 2006 to 122.6 billion KZT (about $1 billion).     The firm's growth is key to Kazakhstan’s plans to become a major global oil producer. Kazakhstan, the No. 2 oil exporter in the...