National Company KazMunayGaz and LUKOIL Kazakhstan Upstream sign joint cooperation agreement and financing agreement on Zhenis project

04.12.18 16:20
/KASE, December 4, 2018/ – National Company KazMunayGaz (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the press release, which states as follows: quote Chairman of the Management Board of the National Company KazMunayGas Alik Aidarbayev and President of LUKOIL Vagit Alekperov on behalf of LUKOIL Kazakhstan Upstream signed a Joint Operating Agreement and financing agreement on Zhenis license area, in Moscow on November 30, 2018. According to the signed documents, both companies have agreed the terms for implementation of Zhenis project; similarly named license area is located in the Kazakhstani sector of the Caspian Sea. Unquote Full version of the press release is posted on the KASE website (in Russian) – http://kase.kz/files/emitters/KMGZ/kmgz_reliz_041218_1.pdf [2018-12-04]