(EnergyAsia, December 10, Thursday) — A consortium comprising China National Petroleum Corp (CNPC) and Kazakhstan’s KazMunaiGas has acquired the Central Asian country’s fourth-largest oil producer, MangistauMunaiGas, for US$2.6 billion. MangistauMunaiGas controls oil reserves estimated at about 500 million barrels, and produces 110,000 b/d. State-owned Export-Import Bank of China helped finance the acquisition of the stake…

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