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Sovereign Wealth Funds Briefing - Categorized | Investment

China’s investments in Central Asian energy

Posted on 15 December 2009

From Reuters: China Investment Corp (CIC) bought an 11 percent stake in KazMunaiGas Exploration and Production, an upstream arm of Kazakh state energy firm KazMunaiGas, for $939 million in October.

KazMunaiGas EP produced 12 million tonnes of oil in 2008 and is one of Kazakhstan’s top three producers……………………………….Full Article: Source

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