Middle East Economic Survey
Kazakhstan Approves $700Mn Lukoil Investment In Nelson Resources
Lukoil Overseas, the foreign operating arm of Russias Lukoil, on 21 October said it had received Kazakhstans approval for its purchase of Canadas Nelson Resources. Lukoil announced in mid-October that it had secured the shares for 65% of the company and that it anticipated the purchase of all shares at a total cost of around $2bn (MEES, 24 October). Nelson...