KMG E&P 2008 Oil Output up on Acquisitions

30.01.2009
    KazMunaiGas Exploration & Production (KMG E&P) said Thursday its oil output grew 12.4 percent in 2008 to 12 million tons thanks to more crude produced by its new ventures.     In 2007, KMG E&P bought 50 percent stakes in smaller Kazakh producers KazGerMunai and CCEL. Production at its mature core fields was...