VOL. XLIII

No. 27

3-July-2000

CASPIAN

Tractebel Agrees To Terms Of Kazak Gas Assets Transfer

The Belgian energy group Tractebel announced on 27 June that it had agreed on the terms for the transfer of its assets in Kazakstan to state-owned KazTransGas. Tractebel said in May that it would sell its gas industry holdings in Kazakstan and leave the country (MEES, 8 May and 26 June). A statement released by Tractebel said the payment of $100mn would be guaranteed by a pool of international banks and...