CITIC Group Acquires Kazakhstan's Oil Assets

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CITIC Group Acquires Kazakhstan’s Oil Assets;
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F426.22 [];
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0202 ; 020205 ;
摘要
China International Trust and Investment Corporation(CITIC Group) announces on December 31st, 2006 thatit has acquired the Kazakhstan oil assets from Canada’sNations Energy Company Ltd., for US$1.91 billion.With the acquisition, CITIC will develop theKarazhanbas oil and gas field in Mangistau Oblast, whichhas proven oil reserves of over 340 million barrels and
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页码:7 / 7
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