Middle East Economic Survey

VOL. LIII

No 42

18-Oct-2010

CASPIAN

Kazakh Prime Minister Says Approval of Satpayev PSA Imminent

Kazakhstan's Prime Minister Karim Massimov told news agency Dow Jones on 13 October that the government has approved the development program of the promising Satpayev field. The development is set to be developed by a joint venture consisting of KazMunaiGas and Indias state-owned ONGC Videsh Ltd. ONGC owns 50% of the joint venture after its expected partner Mittal...