Rosneft, KazMunaiGazMove Ahead With Kurmangazy Development Plans
Russias Rosneft and KazakstansKazMunaiGaz are moving forward with their plans todevelop the Caspian offshore Kurmangazy field.A bilateral agreement governing the divisionof the Caspian seabed into Russian and Kazak sectors was signed by Moscow and Astana in May (MEES,20 May).The agreement awards ownershipof the Kurmangazy to Kazakstanbut gives Russia the right to develop 50% of the field. Two...
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