international magazine
09 / 2007

Kazakhs come to EU
KazMunaiGaz acquired Rompetrol

In late August the Kazakh state energy company KazMunaiGaz stunned the energy world by announcing a 75% acquisition of Rompetrol, the largest private oil company in Romania. The deal size has yet to be officially cofirmed, but is believed to be Euro 2bn, including two refineries and a network of 630 filling stations in Romania, Bulgaria, Moldova, Georgia, Spain and France.