VOL. XLIV

No. 20

14-May-2001

CASPIAN

Kazakstan Merges Oil And Gas Transport Companies

The Government of Kazakstan has merged its state-owned oil and gas transport companies, KazTransOil (KTO) and KazTransGaz (KTG), into one entity, TransportNefteGaz (TNG), which will function as a state-owned holding company. KTO and KTG will transfer 100% of their shares to TNG, which will manage and coordinate their activities. KTO, which is headed by Timur Kulibaev, the son-in-law of President Nursultan...