Middle East Economic Survey
KMG To Transfer Four Blocks To EP Subsidiary
KazMunaiGas Exploration Production (KMG EP) will take over four exploration and production licenses in Temir, Teresken, Karaton-Sarkamys and the territory adjacent to Uzen and Karamandybas, the CEO of London Stock Exchange-listed KMG EP Askar Balzhanov announced on 11 April. KMG EP is a wholly owned subsidiary of Kazakhstans state oil and gas producer KazMunaiGaz (KMG). The Temir and...