Kazmunaygas, Owner of Rompetrol, Continues to Work with Lukoil, Despite the Sanctions Imposed by the u.s.

Digi 24

Center

Factuality

Ownership

The KazMunayGas (KMG) company in Kazakhstan and Lukoil in Russia, recently fined by the US, continued to work on joint projects in accordance with contractual obligations, reported on March by the Russian agency Interfax reading an official in Kazakhstan.

Stirile Antena 1 Observator

Factuality

Ownership

Despite sanctions imposed by the United States, Kazakh company KazMunayGas and Russian company Lukoil continue to collaborate on joint projects. Lukoil has stakes in the Tengiz and Karachaganak oil fields, as well as in the Caspian Pipeline Consortium, a major route through which Kazakh oil is exported through the Russian port of Novorossiisk. The United States also has significant economic and strategic interests in Kazakhstan, particularly thr…