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Kashagan - CNPC takes a stake in Kazakhstan's oil giant

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Report summary

KazMunaiGas (KMG) has reached agreement to sell an 8.33 percent stake in the Kashagan oil project to CNPC. Trial production from the project's first phase is imminent, following years of delays.

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    Kashagan - CNPC takes a stake in Kazakhstan's oil giant

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Table of contents

  • CNPC’s impact – a Phase Two story
  • China will secure more oil exports
  • Corporate impact – China finally gets its prize

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  • Kashagan and the Kazakhstan-China pipeline

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