Later CAP secured funds by bringing in other foreign interests and resumed spending on MMG fields and on another venture having the Kalamkas field on the Buzachi
Sumatec said, The deferred payment is expected to alleviate the upfront financial commitment for Sumatec, and provide additional financial flexibility as the deferred payment can be funded through Buzachi
Nefts internally generated funds post completion of the Proposed Acquisition.
25) The next year, the company dabbled in richer and more challenging fields (North Buzachi
and Bars) as well as additional mid-stream projects (Kenkiyak-Atyrau).
This policy is most notable in Kazakhstan, where Chinese firms (CNPC and Sinopec) have acquired--either outright or in the form of substantial shares--energy assets in the Kashagan, North Buzachi
, and Aktobe fields, competing aggressively and with state guidance against foreign firms.
Es mas, desde 2005 la China National Offshore Oil Corporation (CNOOC) compro el pequeno ampo petrolero Buzachi
y pago algo mas de 3.
3% stake in Nelson Resources which produces and exports Aktobe and Buzachi
crude oils in western Kazakhstan.
OIL & GAS PRODUCERS FOREIGN TARGET TARGET North Buzachi
oilfield (Kazakhstan) Kazakhstan SIC: 1311 ACQUIROR Nelson Resources Ltd.
And more of the same is on the way, with other major Kazakh oil fields coming on-stream recently, including North Buzachi
, Sazankurak, Saztobe, Chinarevskoye, and Airankol.
Nimir was awarded a production licence to develop the country's North Buzachi
oil field in November, 1996.
CIR owns stakes in four oilfields - Alibekmola and Kozhasai (on an equal basis with KMG EP), North Buzachi
(50% with CNPC's stake) and Arman (50% with Shell's stake) and 100% in the mining project Karakuduk.
The refinery would have a capacity of 120,000 b/d to process heavy crude oil from the Buzachi
group of fields.