Source Pravda.Ru

Kazakh Government to Sell Its Shares in CNPC-Aktobemunaigaz

The government's block of shares in the CNPC-Aktobemunaigaz joint-stock company of 25.12 percent will be offered for sale at the Kazakhstan Stock Exchange, a source in the Kazakh Finance Ministry told RBC. This decision was approved by a government resolution of April 30, 2003 in accordance with the President's decree on privatization, issued on December 23, 1995.

The government has instructed the State Property and Privatization Committee of the Finance Ministry to take legal measures to terminate a contract for management of the shares with the Access Industries company ahead of schedule. Deputy Prime Minister Karim Masimov is responsible for controlling the implementation of this resolution.

CNPC-Aktobemunaigaz produces oil in the Aktyubinsk region of Kazakhstan. Its oil reserves reach 570.6m tons, and the corresponding figures for natural gas and gas condensate reserves are 24.95bn cubic m and 40.7m tons respectively.

Comments
Blame MH17 on Russia: International investigation turns into demonic circus
Attempts to blame Russia for MH17 disaster continue zealously
Blame MH17 on Russia: International investigation turns into demonic circus
World leaders unite with Russia at St. Petersburg International Economic Forum
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
USA highly concerned about Russia's cold-blooded silence in response to missile attack on Syria
Putin Forever
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Blame MH17 on Russia: International investigation turns into demonic circus
Venezuela may expect another Panama scenario from 1989
Russian opposition activists desperately urge the West to topple President Putin
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
The Netherlands and Australia officially accuse Russia of downing MH17 over Donbass
World leaders unite with Russia at St. Petersburg International Economic Forum
Blame MH17 on Russia: International investigation turns into demonic circus
The Royal Wedding and the Silly Season
Skripals fall under heavy British pressure
World leaders unite with Russia at St. Petersburg International Economic Forum
Blame MH17 on Russia: International investigation turns into demonic circus