KazMunaiGaz May Transfer Kashagan Stake to Traded Unit

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KazMunaiGaz National Co. may transfer its stake in the Kashagan oil field to its London-traded unit, said Kairgeldy Kabyldin, the chief executive officer of the Kazakh state oil producer.

“We are considering this as one of the options,” Kabyldin said today in an interview in Almaty, the capital. “There is no approved plan yet.”