Middle East Economic Survey

VOL. XLVIII

No 34

22-August-2005

CASPIAN

PetroKazakhstan Receives Purchase Bids From Chinese And Indian Firms

Canadas PetroKazakhstan on 15 August said it had received proposals to acquire all outstanding common shares of the company pursuant to the process announced in its 27 June 2005 news release (MEES, 4 July). It did not name the companies offering bids. The Calgary-based firm went on to say that it is in the process of assessing these proposals and expects that...