 |
President supports deal between CNPC and PetroKazakhstan
17:46 10.11.2005
text: "Kazakhstan Today" views: [81] Related articlesPrice of PetroKazakhstan shares grows 18.39% at the NYSE KazMunaiGas and CNPC to purchase 100 % of MangistauMunaiGas shares Chinese and Kazakhstani premiers back co-operation over PetroKazakhstan Government to pass decision on PetroKazakhstan sales in 10 days Nursultan Nazarbayev, president of Kazakhstan, has supported the deal on purchase of 100% of "PetroKazakhstan" shares by the CNPC. Cheng Den, chairman of CNPC, has stated this today, November 10, KZ-today correspondent reports from Astana.
"The CNPC is working in Kazakhstan as a foreign investor during 8 years already. The construction of Atasu-Alashankou oil pipeline that started September 28 of the last year will be completed on December 16," - Cheng Den observed.
"The completion of the pipeline and the purchase of "PetroKazakhstan" shares will signify a new phase of co-operation between the CNPC and "KazMunaiGaz," - he has added.
The CNPC acquired 100% of "PetroKazakhstan" shares in late October, 2005, for $55.00 per share. As a result of the deal "PetroKazakhstan" has become a section in full property of the CNPC. |
|
|
|
|
Also in the news16:28 01.02.2013 Kazakh First Vice PM urges to check up state material reserve 11:58 01.02.2013 New tool for waste management introduced in Kazakhstan 11:57 01.02.2013 Pollutant emissions volume decreased by 1.3% and 1.7% 10:28 01.02.2013 Clinton says U.S. failing to explain policies to Muslims 10:25 01.02.2013 Assassination attempt made on Armenian presidential candidate |
|
|
