在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

  Home>News Center>World
         
 

Kazakhstan warns of "collision" over PetroKaz sale
(Reuters)
Updated: 2005-10-13 11:21

Oil-rich Kazakhstan moved nearer blocking Chinese CNPC's $4.18 billion takeover of PetroKazakhstan on Wednesday and warned shareholders in the Canadian-listed firm against approving the deal.

"If our law has been adopted there's going to be a legal collision and we will be able to say 'sorry guys you have concluded your deal without our consent'," Energy and Mineral Resources Minister Vladimir Shkolnik told deputies.

He was addressing parliament's lower house shortly after the upper chamber, the Senate, passed a complex bill that aims to give Kazakhstan the right to intervene in the sale of foreign-held stakes in oil firms. It also seeks to limit property rights over "strategic resources" like oil and gas.

The bill, which only needs President Nursultan Nazarbayev's signature to come into law, could derail CNPC's bid for PetroKazakhstan, a Canadian-listed firm with almost its entire operations in the former Soviet state of Kazakhstan.

Kazakhstan is furious that PetroKazhakstan and advisers Goldman Sachs failed to consult it about the deal.

"They started work on this deal in London and New York without asking for the consent of Kazakhstan's government," Shkolnik said. "Here's the result of our ministry's work, this bill, which you have debated."

"By any ethical standards they (PetroKazakhstan) should have addressed the government of Kazakhstan and said 'we want to do this -- what's your attitude?'"

Shkolnik said he had expressed his dismay to the Canadian ambassador.

PetroKazakhstan shareholders are due to decide on CNPC's takeover bid on October 18. A spokesman for CNPC said he had no comment.

INVESTMENT CLIMATE

Kazakhstan, the world's ninth largest country, has doubled oil production to 1.2 million barrels per day since the Soviet Union collapsed, putting it in the world's top 20 oil producers.

Following a trend in neighbouring Russia, it has sought to bring its oil and gas resources under greater state control and set tougher terms for foreign oil companies.

Deputy Energy and Mineral Resources Minister Bakhtykozha Izmukhambetov told senators before the vote the draft law was not meant to scare away investors.

"These new restrictions do not mean a worsening of the republic's investment climate," he said, repeating earlier official pledges that foreign-held oil stakes would be bought out at the market price.

The CNPC bid was unveiled on August 23 and the government at first said little. Last week it revealed it wanted "strategic control" over at least some PetroKaz assets. Shkolnik said on Wednesday Kazakhstan wanted to take back control of the Shymkent oil refinery, known as ShNOS, from PetroKazakhstan.

"I believe that in any case Kazakhstan should have a part of any strategically important project and influence all the decisions taken with regard to these oilfields, and also to ShNOS," he said. "I'll struggle for that as long as I can."

PetroKazakhstan has maintained that the sale of its shares on overseas stock exchanges should not be subject to Kazakh government review.

Shkolnik said the company had acted wrongly and also criticised adviser Goldman Sachs.

"They hired Goldman Sachs, a well-known company, which started this process and invited two companies to bid -- a Chinese and an Indian one," he said.

"But it did not invite others and it did not inform us about it. We learnt about it through third parties."

Senior CNPC officials have said previously that strong Sino-Kazakh ties are likely to ensure that the Chinese state oil firm wins in its bid for PetroKazakhstan. China is helping to build a pipeline linking existing lines that serve PetroKazakhstan's Kumkol fields to the Kazakh-Chinese border.

Further darkening the outlook for the PetroKazakhstan sale is opposition by Russian oil major LUKOIL which is planning to fight CNPC's takeover bid in court as part of its attempts to gain full ownership of a joint venture with PetroKaz, Turgai Petroleum.



Soyuz space capsule lands
Japanese parliament's lower house passes postal reform bills
Quake jolted South Asia, killing more than 30,000 people
 
  Today's Top News     Top World News
 

China opens new chapter in space history

 

   
 

Zero-gravity life begins with mooncakes

 

   
 

US hails China's 2nd manned space mission

 

   
 

Appliance retailer tops list of wealthiest

 

   
 

China rejects U.S. rights report as meddling

 

   
 

Snow 'astonished' by changes in Shanghai

 

   
  Iraqi lawmakers OK last-minute amendments
   
  Aftershock hits Pakistan as aid pours
   
  Syria says minister committed suicide
   
  Two journalists briefly kidnapped in Gaza
   
  UN: Armed men hijack aid ship in Somalia
   
  Afghan fighting erupts before Rice visit
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
Analysts: CNPC is overpaying
  News Talk  
  Are the Republicans exploiting the memory of 9/11?  
Advertisement
         
主站蜘蛛池模板: 一级黄片毛片 | 国产www在线观看 | 成人看片网站 | 艳妇乳肉豪妇荡乳 | 亚洲欧美精品一区 | 国产亚洲区 | 日韩一区不卡 | 国产午夜免费 | 日本中文字幕一区 | 日本欧美精品 | 成人日韩在线 | 欧美成人综合 | 午夜视频成人 | 亚洲色综合| 亚洲综合视频在线观看 | www.日韩在线| 精品一区二区免费视频 | 长河落日连续剧48集免费观看 | 国产一区在线观看视频 | 窝窝午夜精品一区二区 | 日韩在线视频播放 | 91在线免费视频观看 | 99这里有精品 | 亚洲精品乱码久久久久久蜜桃91 | 99视频在线观看免费 | 看黄网站在线观看 | 九色91在线| 亚洲小说欧美激情另类 | 成人在线视频免费观看 | 国产一区二区视频在线播放 | 日韩av在线免费看 | www.男人天堂 | 全部免费毛片在线播放高潮 | 中文字幕在线一区 | 成人av一区| 蜜桃精品一区二区三区 | 又黄又爽的网站 | 91精品久久久久久久久久 | 国产精品欧美激情 | 超碰天天操 | 欧美国产精品 |