Online

Kazakhstan buys into Karachaganak field

Kazakhstan will settle its disputes with member of the Karachaganak oil and gas field consortium after agreeing to buy a 10% stake for $1 billion, ensuring the state owns a part of every large energy project on its soil.

Karachaganak: Kazakhstan's state-run body will buy a 10% stake in the project for $1 billion and dropping legal claims.
Karachaganak: Kazakhstan's state-run body will buy a 10% stake in the project for $1 billion and dropping legal claims.
  • <ecs_selection>News Wires</ecs_selection>
Published 14 December 2011, 05:54Updated 11 October 2016, 08:54
Eastern Europe