Monday, 17 October 2005

KAZAKHSTAN PERMITS CHINESE OIL DEAL

Published in News Digest

By empty (10/17/2005 issue of the CACI Analyst)

Kazakhstan will let a Chinese state-owned energy firm buy key oil assets in a deal that gives the central Asian nation a share of those assets. During the weekend, the government of Kazakhstan agreed to let China National Petroleum Corp. buy PetroKazakhstan, a private company, for $4.
Kazakhstan will let a Chinese state-owned energy firm buy key oil assets in a deal that gives the central Asian nation a share of those assets. During the weekend, the government of Kazakhstan agreed to let China National Petroleum Corp. buy PetroKazakhstan, a private company, for $4.8 billion from the company\'s Canadian owners, the Wall Street Journal reported Monday. As part of that agreement, CNPC promised to sell a one-third interest in PetroKazakhstan to an arm of the government of Kazakhstan. Kazakhstan\'s state-owned KazMunaiGaz energy company will buy the 33 percent stake in PetroKazakhstan from CNPC for about $1.4 billion. Also, CNPC and KazMunaiGaz will split ownership of an oil refinery and agree to process a certain amount of crude through the facility, named Shymkent, the newspaper said. (UPI)
Read 1770 times

Visit also

silkroad

AFPC

isdp

turkeyanalyst

Staff Publications

Screen Shot 2023-05-08 at 10.32.15 AMSilk Road Paper S. Frederick Starr, U.S. Policy in Central Asia through Central Asian Eyes, May 2023.


Analysis Svante E. Cornell, "Promise and Peril in the Caucasus," AFPC Insights, March 30, 2023.

Oped S. Frederick Starr, Putin's War In Ukraine and the Crimean War), 19fourtyfive, January 2, 2023

Oped S. Frederick Starr, Russia Needs Its Own Charles de Gaulle,  Foreign Policy, July 21, 2022.

2206-StarrSilk Road Paper S. Frederick Starr, Rethinking Greater Central Asia: American and Western Stakes in the Region and How to Advance Them, June 2022 

Oped Svante E. Cornell & Albert Barro, With referendum, Kazakh President pushes for reforms, Euractiv, June 3, 2022.

Oped Svante E. Cornell Russia's Southern Neighbors Take a Stand, The Hill, May 6, 2022.

Silk Road Paper Johan Engvall, Between Bandits and Bureaucrats: 30 Years of Parliamentary Development in Kyrgyzstan, January 2022.  

Oped Svante E. Cornell, No, The War in Ukraine is not about NATO, The Hill, March 9, 2022.

Analysis Svante E. Cornell, Kazakhstan’s Crisis Calls for a Central Asia Policy Reboot, The National Interest, January 34, 2022.

StronguniquecoverBook S. Frederick Starr and Svante E. Cornell, Strong and Unique: Three Decades of U.S.-Kazakhstan Partnership, Central Asia-Caucasus Institute, December 2021.  

Silk Road Paper Svante E. Cornell, S. Frederick Starr & Albert Barro, Political and Economic Reforms in Kazakhstan Under President Tokayev, November 2021.

The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.

Newsletter

Sign up for upcoming events, latest news and articles from the CACI Analyst

Newsletter