Monday, December 6, 2010

India –Kazakh to sign agreement for 25 % stake in Satpayev oil field

  • State-owned Oil and Natural Gas Corp (ONGC) will sign an agreement for taking the 25 per cent stake in Kazakhstan's Satpayev oil field by end of February 2011.
  • Kazakh national oil firm KazMunaiGas will be the operator of the field, holding remaining 75 per cent stake.

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