KMG Partners to Shell Out $1B

摘要

International partners developing Kazakhstan’s giant Kashagan offshore oil and gas field will have to shell out almost $1 billion to cover the debts of Kazakh national company Kazmunaigas (KMG). The North Caspian Operating Co. (NCOC) consortium comprises Exxon Mobil, Eni, Royal Dutch Shell, Total, ConocoPhillips and Inpex, as well as Kazakh state company KMG.