KMG EP To Sell Shares In State Petchems Company
KMG EP, the upstream subsidiary of state gas firm KazMunaiGaz (KMG), announced on 19 April that it plans to sell its 51% stake in Kazakhstan Petrochemical Industries (KPI). The company said it has come to an agreement for the sale with United Chemical Company, Kazakhstan’s principal petrochemical company, which is owned by the state investment fund Samruk-Kazyna and which has managed the KMG EP shareholding in KPI since...
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