Xinjiang Guanghui to acquire Kazakhstan TBM Oil Assets

    Xinjiang Guanghui Industry Co Ltd, which is engaged in the businesses of liquefied natural gas, mining and real estate, yesterday announced that the National Development and Reform Commission has granted it approval to purchase a 49% stake in Kazakhstan-based Tarbagatay Munay LLP or TBM for US $40.52 million, sources reported.     The...