Middle East Economic Survey
VOL. LIV
No 22
30-May-2011
CASPIAN
Negotiations Over KMG Entry Into KPO Reach Stalemate
Negotiations between the Kazakh Ministry of Petroleum and the Karachaganak Petroleum Operating (KPO) consortium regarding the participation of state firm KazMunaiGaz (KMG) in the project have reached stalemate almost two years after they were initiated at Astanas request. The Kazakh government has already levied billions of dollars worth of fines on the KPO partners the...
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