Reuters: KazMunayGaz still plans to buy another 27 percent stake in Rompetrol from Romania

KMG International (KMGI), a subsidiary of Kazakh state oil company KazMunayGaz, said on Thursday it still plans to buy another 26.7 percent of Rompetrol Rafinare S.A. from the Romanian government, Reuters informs. KazMunayGaz and Romania agreed in 2013 that the Kazakh company would acquire 26.7 percent in Rompetrol Rafinare for $200 million and set up an investment fund with capital of $150 million and assets worth up to $1 ...

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