The state-owned oil player is hoping to raise $4.7 billion from the sale of 50% of its 16.81% in the oilfield to Samruk-Kazyna, Reuters reported, citing a stock exchange announcement from KMG.
The sale is expected to close by the end of the year, it said.
KMG had consolidated net debts of $17.92 billion at the end of last year and the sale will allow the company to cut this by around $2.2
