KazMunaiGas insures itself against cheap oil
Edited by Rhod Mackenzie / 2013-04-30 11:21:14
KazMunaiGaz has designed and approved a special plan of stabilization measures in 2013-2015 in case of decrease of oil prices at world markets below $80, the Neft Rossii reports, referring to the company’s press release.
Thus, the company is ready for actions that will allow it to maximally temper the negative impact of such course of events. This plan was designed in accordance with tasks, determined by the Kazakh President in his message to people of Kazakhstan.
