Stay Connected

KazMunayGas increases Kashagan share, influence

01/21/2007
Kazakhstan’s state-run KazMunayGas will increase its interest in the Kashagan offshore oil project to 16.81%, equal to the shares of the other majority shareholders, according to Energy and Mineral Resources Minister Sauat Mynbayev.The Eni SPA-led consortium confirmed Jan. 14 the signing of a new memorandum of understanding to settle the long-running dispute with the Kazakh government, saying its members would dilute their various stakes in the project to allow KMG to increase its stake.The new agreement, effective Jan. 1, will result in Eni, ExxonMobil Corp., Total SA, and Royal Dutch Shell PLC each holding 16.81%, down from 18.5%.The remaining two shareholders, ConocoPhillips Co. ...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.