The Kazakhstan is late for sale of its shares of joint venture TengizChevrOil - reprehensive of Kazak petroleum business
29.03.00 00:00
/IRBIS, March 29, 00/ - Kazakhstan is late for sale of its shares of joint
venture TengizChevrOil, has declared to PRIME-TASS on Wednesday an
high rank source from the Kazakhstan's petroleum circles.
In his opinion, the share should be sold, as three months ago when it had a
maximum price. Besides Kazakhstan as the shareholder of the National oil
and gas company Kazahoil should invest in TengizChevrOil at least 100
million dollars annually.