Middle East Economic Survey

VOL. XLVIII

No 5

31-January-2005

CASPIAN

Kazakhstan And Oman Discuss Zhemchuzhina Oilfield

Kazakh Prime Minister Daniel Akhmetov on 26 January announced that he had been in discussion with Omans Commerce and Industry Minister Maqbul Ali Sultan concerning Omans possible acquisition of the Zhemchuzhina oilfield, which has an estimated 100mn tons of hydrocarbons. Mr Akhmetov said intensive work has begun between the parties pertaining to the deal. Oman holds a 7% stake in...