Plans to transfer Kazakhstan Oil Assets to JV
26.07.2007
Lakshmi Narain Mittal, on Wednesday said he plans to transfer the Kazakhstan oil assets that he acquired from Russia’s LUKoil to his joint venture firm with ONGC Videsh Limited (OVL).
In his first major oil deal, Mr. Mittal had in April acquired Russian oil firm LUKoil’s 50 percent stake in Caspian...