Small Chinese Firms buying up Kazakh, Caspian Assets
17.02.2011
Smaller Chinese firms are buying up Kazakh and Caspian energy assets
Privately-owned Chinese oil firm MIE Holdings purchased a small Kazakh miner Tuesday, bolstering a trend that has seen hundreds of small- and medium-sized Chinese miners buying holdings in the highly competitive Caspian region, the Financial Times reported.
MIE’s acquisition of the...