JSC KMC Munai (Аktobe), the shares of which are placed on the official list of the Kazakhstan Stock Exchange (KASE), informed in its official letter to KASE the following: “JSC informs about receiving a notification on December 26, 2012 from JSC CNPC-Aktobemunaigas on its intention to acquire 30 and more percent of voting shares of JSC KMC Munai on the secondary securities market.”
JSC NC KazMunayGas has obtained a positive conclusion of the state expert examination on the feasibility study for the project “Gas Refinery in the Western Kazakhstan region”.
The oil and gas company Roxi Petroleum PLC, actively doing business in Kazakhstan, intends to attract $40 million from the issue of new shares. The Kazakhstani businessman, ex-chairman of the People’s Bank and АTF Bank Kairat Satylganov will become the company’s main investor.
The international consortium Karachaganak Petroleum Operating B.V. (KPO) has prepared preliminary estimates of possible configurations of Stage 3 of the project for the development of the largest Karachaganak oil and gas condensate field. In the strategy’s presentation it is said that this stage assumes increase in gas production from the field up to 27.9 billion cubic meters a year by 2022.
KazMunayGas will acquire a 50 % interest in the charter capital of the oil and gas company Central being formed in Russia, writes Rosbalt. As a result, Kazakhstan plans to join LUKOIL and Gazprom and under a joint venture to develop the Central field on the Caspian Sea shelf. KazMunayGas has already addressed to the Federal Antimonopoly Service of the Russian Federation to approve the deal on acquiring a share in JV.