Russian’s Lukoil breaks new ground with Kazakhstan state oil company

Russian company pleases Astana by agreeing to strike exploration and development contract under new terms, intended to be fair and equal to all other investors

Resources hunt: Fuel storage tanks near Brussels in Belgium that are operated by Russian oil producer Lukoil.
Resources hunt: Fuel storage tanks near Brussels in Belgium that are operated by Russian oil producer Lukoil.Photo: AFP/SCANPIX
Published 7 February 2023, 04:40Updated 7 February 2023, 13:33