VOL. XLV

No 2

14-January-2002

CASPIAN

CNPC To Take 30% Stake In OnshoreKursangi-Garabagli Field

The China National Petroleum Corp(CNPC) is to acquire a 30% share of Azerbaijans onshore Kursangi-Garabagli oilfieldand take over the operatorship, according to Azerbaijans Turan newsagency. The agency reported on 9 January that the shares would be passed toCNPC from the European Bank for Reconstruction and Development (EBRD), whichacquired its holding in the rehabilitation, development and production...