KazMunaiGaz Paid $1.6B For 75% In Romanian Rompetrol Vs. $2.7 Pvs Valued
15:38, 06 Oct. 2008
Kazakhstan's state energy company KazMunaiGaz, or KMG, paid $1.6 billion for a 75% stake in Netherlands-registered Rompetrol Group NV, founded by Romanian oil tycoon Dinu Patriciu, according to KMG's annual financial report, below the amount previously estimated at $2.7 million.