KarazhanbasMunay drops Oil Production

    KarazhanbasMunay, which is owned by the CITIC Group, has reduced oil production at the Karazhanbas deposit in the Mangistau Oblast by 4.8% or down to 1,21 million tons in H1 2007 as compared to the same period of 2006, the company’s Business and Industrial Development Department told the Panorama newspaper....