Russian, Chinese firms battle for oil in Kazakhstan
Date: Monday, October 31 @ 01:18:21 PST
Topic: Public Policy; Political and Legal News


While the government of Kazakhstan is ‘politically and historically closer to Russia, and is wary of China,’ it nonetheless believes that ‘its interest lies in a diversification of investments and export routes’

A battle between Russian oil giant Lukoil and China’s CNPC for control of key energy assets in Kazakhstan intensified last week with both sides deploying lawyers to fight for holdings in the energy-rich central Asian country.



Daily Times







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