|
Kazakh government seeks to double its stake in Eni-led oil project |
| Home | (Bloomberg News, Reuters) - ALMATY, Kazakhstan: Kazakhstan is seeking to more than double its stake in the Kashagan oil project, led by the Italian company Eni, as compensation for delays and cost overruns, a government official said Tuesday. The government of the Central Asian country wants to raise its stake to 16.8 percent, said Dinara Shaimardanova, an aide to the energy minister, Sauat Mynbayev, by telephone from the Kazakh capital, Astana. The state holds 8.3 percent through KazMunaiGaz National, the oil producer it controls. |