KazMunaiGas EP hurt by lower prices

Kazakh oil producer KazMunaiGas Exploration and Production (KazMunaiGas EP) said its net profit fell 13% last year to $1.4 billion due to lower oil prices and higher taxes.

Tougher times: for Kazakh oil comany KazMunaiGas
Tougher times: for Kazakh oil comany KazMunaiGas
Published 1 March 2010, 15:50Updated 10 October 2016, 15:33
Eastern Europe