KazMunaiGas ups Cost Estimate for Karachaganak

    KazMunaiGas estimates $14.5 billion will be required to bring on stream the third phase of the Karachaganak gas project, also involving BG and Eni.     KazMunaiGas presented the number, which significantly exceeds a long-held estimate of $8 billion, in a presentation posted on its website (www.kmg.kz) on Monday and dated Jan. 15.     The...