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KazMunayGas, Romanian state set up Kazakh-Romanian Energy Investment Fund

KazMunayGas International (KMGI) and the Energy Ministry have signed the partnership contract that sets up the Kazakh-Romanian Energy Investment Fund on Friday, KMGI informed. The fund has been established according to the Understanding memorandum between Romania and KMGI (former Rompetrol group). The Kazakh-Romanian investment fund expects an investment level of around USD 1 billion for 7 years. The KMGI contribution to the ...

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