Middle East Economic Survey

VOL. LII

No 46

16-Nov-2009

CASPIAN

Eni And KMG EP Sign Upstream, Downstream MOU

Italys Eni and Kazakhstans KazMunaiGas Exploration Production (KMG EP), the upstream arm of the state-owned oil company KazMunaiGaz, signed in Rome on 6 November a non-binding memorandum of understanding (MOU) for a joint study of the offshore Caspian Isatay and Shagala exploration areas. The agreement also covers the construction of a gas-sweetening plant, upgrading the Pavlodar refinery,...