12.01.2016, 00:14
National company KazMunayGas concludes agreement on assignment of rights and undertaking of obligations
OREANDA-NEWS. January 12, 2016. National company KazMunayGas JSC (Astana),
whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has
provided KASE with the following letter:
an agreement was signed on assignment of rights and undertaking of obligations between MDK (Oil and Gas N Block Kazakhstan) GmbH, NC KazMunayGas JSC, N Block B.V. and N Operating Company LLP. Also the addendum No. 8 was signed between the Ministry of Energy of the Republic of Kazakhstan (hereinafter – ME RK), NC KazMunayGas JSC, N Block B.V. and MDK (Oil and Gas N Block Kazakhstan) GmbH of December 28, 2015 to the agreement No. 2546 of December 29, 2007 on the exploration and production of hydrocarbons in the section "N", the addendum No. 9 between ME RK, NC KazMunayGas JSC and N Block B.V. of December 28, 2015 to the agreement No. 2546 of December 29, 2007 on the exploration and production of hydrocarbons in the section "N".
an agreement was signed on assignment of rights and undertaking of obligations between MDK (Oil and Gas N Block Kazakhstan) GmbH, NC KazMunayGas JSC, N Block B.V. and N Operating Company LLP. Also the addendum No. 8 was signed between the Ministry of Energy of the Republic of Kazakhstan (hereinafter – ME RK), NC KazMunayGas JSC, N Block B.V. and MDK (Oil and Gas N Block Kazakhstan) GmbH of December 28, 2015 to the agreement No. 2546 of December 29, 2007 on the exploration and production of hydrocarbons in the section "N", the addendum No. 9 between ME RK, NC KazMunayGas JSC and N Block B.V. of December 28, 2015 to the agreement No. 2546 of December 29, 2007 on the exploration and production of hydrocarbons in the section "N".
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