Middle East Economic Survey

VOL. XLVIII

No 42

17-October-2005

CASPIAN

New Kazakh Law Could Jeopardize PetroKazakhstan Sale To CNPC

A bill passed by both houses of the Kazakh parliament last week gives the government the right to intervene in the sale of foreign-held assets that it deems a strategic resource. So, the bill, which must be signed by President Nursultan Nazarbayev and published to become law, could be used to pre-empt the sale of PetroKazakhstan to the China National Petroleum Corp...