Middle East Economic Survey
VOL. LIII
No 12
22-March-2010
CASPIAN
Total Acquires 50% Operating Interest In OTG Kazakhstan Concession
FrancesTotal announced on 17 March an agreement with the Oil Techno Group (OTG), the investment arm of Polands Petrolinvest, to acquire 50% of a 5,500 sq km onshore exploration and production concession in northwestern Kazakhstan. In a press statement Louis Darricarrère, President of Total Exploration and Production, said: The acquisition of the stake in the...
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