(EnergyAsia, August 29, Wednesday) — Kazakh state oil company KazMunaiGas said it has agreed to buy 75% Rompetrol Group NV, the holding company of Romania’s second-biggest oil group Rompetrol.The US$3.62 billion deal is aimed at giving Kazakhstan a foothold into the European market while doubling its refining capacity. Rompetrol owns the 3.7-million-tonne/year Petromidia refinery on…
KAZAKHSTAN: KazMunaiGas oil company buys 75% of Romania’s Rompetrol
Posted on August 28, 2007 by EnergyAsia