KMG International to increase its presence in the Balkans

Vice president for Corporate Development of KMG International, Alexey Golovin, speaks to journalists.

Kazakhstan’s KazMunayGas (KMG) purchased 100% of shares of the Romanian oil concern Rompetrol in 2007-2009.

BUCHAREST - The Romanian capital – Bucharest – has hosted a “16+1” international conference recently. The energy ministers of sixteen European countries and of China took part in the conference.

The participants discussed energy cooperation in Central and Eastern Europe (CEE) that would involve Chinese investment. The energy ministers of Slovenia, Slovakia, Albany, and other countries of that region spoke at the conference.

The ministers confirmed the willingness of their countries to coop...

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