Chinese company buying the Romanian energy assets of KazMunayGas
Edited by Rhod Mackenzie / 2015-12-16 07:43:41
China Kazakhstan Oil and Gas China Oil and Gas Processing Kazakhstan Oil and Gas KazMunayGas Oil Production and Refining
Chinese energy company CEFC China Energy Company Ltd intends to buy 51% stake in division of the Kazakh state-owned oil company KazMunayGas (KMG International), which consists of a number of major energy assets in Romania. According to the Romanian state news agency Agerpres, we are particularly talking about Petromidia refinery, network of filling stations Rompetrol and other assets of the former group Rompetrol.
