KazMunaiGas EP Q1 Net Income down 52 Percent

14.05.2010
    By Olzhas Auyezov     Kazakh oil producer KazMunaiGas Exploration and Production posted a 52 percent fall in first-quarter net income to 51.7 billon kazakh tenge ($352 million).     KazMunaiGas EP said on Thursday it had benefited in the first quarter of 2009 from a large foreign exchange gain as a result of tenge devaluation.     Kazakhstan...