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KazMunaiGas plans to invest $9.9 billion in exploration

ASTANA -- KazMunaiGas plans to invest $9.9 billion in exploration over the next ten years, Reuters reported.

CEO Lyazzat Kiinov said at a news conference that the company intends to increase liquid hydrocarbon reserves to more than 1.4 Bmt in 10 years, from more than 800 million currently, Reuters reported.

Dow Jones Newswires

04/29/2013

 

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