KazMunaiGas plans to invest $9.9 billion in exploration

4/29/2013

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

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