In 2005 KazMunayGas increased investments 2.1 times

16.01.06 16:38
/INTERFAX-KAZAKHSTAN, Astana, January 16, 06/ - Capital investments volume of KazMunayGas Kazakhstan's national oil and gas company in year 2005 totaled KZT163.4 bn. (current 133.51/$1), that is 2.1 times more than in 2004. Among them KZT150.7 bn. were spent for own production, the company's press-release says. The message says the company's revenues for the reporting period totaled KZT640.7 bn. that is more by 31.4% than in 2004. The release says in the past year KZT155.8 bn. were transferred to the republic's budget from daughter and depending companies of KazMunayGas as taxes and payments, that is 1.5 times more than one year before. [2006-01-16]