KazMunaiGas Exploration Production is to acquire 33% stake in PetroKazakhstan from KazMunaiGas
24.09.2009
KazMunaiGas Exploration Production (KMG EP) has reached an agreement to acquire a 33% stake in PetroKazakhstan from the national KazMunaiGas company.
KMG EP will acquire a 100% stake in KazMunaiGaz PKI Finance which in turn owns 33% of PetroKazakhstan. KMG EP will pay a total cash consideration of US$ 100.5m in...