Middle East Economic Survey
Kazakhstan Reaches Agreement To Acquire Some Of BGs Kashagan Stake
The government of Kazakhstan announced on 6 November it had reached a preliminary agreement to acquire part of the 16.67% stake in the Kashagan oilfield development held by BG. The exact size of the stake that will be transferred to the government was not released. Other shareholders in the Eni-operated project have expressed their desire to preempt the BG...