Fitch assesses the consequences for the "KazMunayGas" Expansion Project "Tengizchevroil".
Edited by Rhod Mackenzie / 2016-07-08 06:27:03
International rating agency Fitch Ratings expects that the expansion project of "Tengizchevroil" (TCO) would in the medium term lead to a low dividend stream for the Kazakh State National Company "KazMunayGas" (KMG), which owns a 20 percent stake in TCO, the message of the rating agency informed on Friday.
Such a scenario is already taken into account in the rating Fitch scenario for KMG.
