KazMunaiGas to invest USD 20 bln in development of Kazakhstan's oil and gas sector
11:30, 27 August 2010
ASTANA. August 27. KAZINFORM /Damir Baimanov/ KazMunaiGas is to invest around USD 20 bln in development of oil and gas sector of Kazakhstan.
President of JSC KazMunaiGas Kairgeldy Kabyldin said it at the Summit of the heads of SamrukKazyna National Welfare Fund on August 27.
'We work on ambitious, innovative program now, we plan to invest around USD 20 bln in development of oil and gas sector of Kazakhstan till 2014', Kairgeldy Kabyldin said.
Mr. Kabyldin also emphasized that strategic goal of the company was to enter 30 best leading world oil and gas companies till 2015.