日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

Tools: Save | Print | E-mail | Most Read
CITIC Group Acquires Kazakhstan Oil Assets for US$1.91b
Adjust font size:

China's CITIC Group announced on Sunday that it has successfully acquired the Kazakhstan oil assets of Canada's Nations Energy Company Ltd. for US$1.91 billion.

This is the third largest overseas oil acquisition made by Chinese companies.

The deal has made the CITIC to acquire a 100 percent interest of Nations Energy.

The acquisition allows the CITIC to develop the Karazhanbas oil and gas field in Mangistau Oblast, Kazakhstan. It has proven reserves in excess of 340 million barrels of oil and its current production is over 50,000 barrels of oil a day.

Pursuant to the approval received from the Kazakhstan regulatory authorities for CITIC's acquisition, the CITIC has granted to KazMunaiGas (KMG), the state-owned oil company of the Republic of Kazakhstan, a call option under which KMG may acquire a 50 percent interest in Nations Energy.

The option is exercisable within a one-year period and the price is based on CITIC's acquisition price for Nations Energy, said the CITIC.

Nations Energy's Kazakhstan oil assets also include a 100 percent interest in Argymak Trans Service LLP which provides transportation services and Tulpar Munai Services LLP which provides drilling, workover and training services.

(Xinhua News Agency December 31, 2006)

Tools: Save | Print | E-mail | Most Read

Related Stories
CITIC, ABC Establish Strategic Partnership of Credit Priority
CITIC in US$1.9b Kazakh Oil Purchase
CITIC Announces New Chairman
CITIC Securities Profit Up 800%
CITIC Resources Buys Overseas Oil Stake
CITIC Bank to List on HK Exchange

Product Directory
China Search
Country Search
Hot Buys
SiteMap | About Us | RSS | Newsletter | Feedback
SEARCH THIS SITE
Copyright ? China.org.cn. All Rights Reserved ????E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP證 040089號
主站蜘蛛池模板: 安康市| 小金县| 买车| 祁阳县| 洱源县| 白水县| 灌阳县| 孝昌县| 同德县| 镇江市| 江川县| 芒康县| 新竹县| 剑河县| 洪雅县| 易门县| 靖州| 永州市| 西城区| 台山市| 寿宁县| 迭部县| 安图县| 湖北省| 海阳市| 浠水县| 梅州市| 芷江| 安阳市| 永年县| 兴安盟| 抚州市| 潜江市| 大关县| 岳西县| 锡林郭勒盟| 大庆市| 东城区| 洮南市| 古蔺县| 玉山县|