KazTransGas and KazTransOil propose joint oil and gas transport organization
25.04.01 00:00
/IRBIS, Apr 25, 01/ - GSRW informs that a spokesman for KazTransGas
neither denied nor confirmed the information about an intention of
KazTransOil and KazTransGas to merge. However, a source from the Prime
Minister's office says the two companies do plan to create a joint vertically
integrated organization in the oil and gas transport sector. This would lead to
a more efficient use of Kazakhstan's oil and gas transport opportunities,
material resources and funds of the companies when designing and
constructing new pipes, and ensure transparency of financial flows.