KazMunaiGas Profits Plummet by 70% Year-on-Year
18.11.2009
KazMunaiGas, the state oil and gas company, has reported a net profit of KZT 107 billion (USD 718 million) in January through September 2009, a 70-percent fall compared to the same period last year.
"The oil price is the key reason," a KazMunaiGas spokesman is quoted as saying.
KazMunaiGas plans to produce...