KMG ‘to sell half of Kashagan stake’

Kazakhstan’s KazMunaiGas (KMG) is selling one half of its stake in the giant Kashagan project in the Caspian Sea to the state sovereign wealth fund as it looks to pay down debt, according to a report.

Stake sale: from KMG in Kashagan oilfield
Stake sale: from KMG in Kashagan oilfield
Published 1 July 2015, 15:20Updated 17 October 2016, 13:08
Eastern Europe