VOL. XLVI

No 29

21-July-2003

CASPIAN

ENERGY FINANCE

KazMunaiGaz Mandates BNP Paribas, Euromin To Broker $200Mn Loan

Kazakstans state-owned oil and gas company KazMunaiGaz announced on 14 July that it had mandated BNP Paribas Suisse SA and Euromin SA to broker a loan of $200mn that will be used for the exploration and development of Kazakstans offshore sector of the Caspian Sea. A statement released by KazMunaiGaz said that the two banks had signed the corresponding mandate letter with conditions....