VOL. XLIII

No. 26

26-June-2000

CASPIAN

KazTransGas Begins To Pay Tractebel For Gas Assets

Kazakstans recently formed state-owned gas transportation company KazTransGas is to proceed as agreed with paying $100mn to the Belgian energy group Tractebel for the latters gas assets in the country. Tractebel announced in May that it would sell its assets to the state-owned firm and leave Kazakstan (MEES, 8 May). The first installment of $10mn will be paid this month and the balance, which is guaranteed...