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KazMunaiGas planning to enter Turkish fuel market

04 october 2011, 18:41
Chairman of KazMunaiGas Kairkeldy Kabyldin. ©Danial Okassov
Chairman of KazMunaiGas Kairkeldy Kabyldin. ©Danial Okassov
KazMunaiGas National Oil Company is planning to enter Turkish fuel market, Tengrinews.kz reports citing Chairman of KazMunaiGas Kairkeldy Kabyldin as saying at the press-conference of the 6th Eurasian Forum KAZENERGY.

“We are working at the European market. And this is not only Romania, but also Bulgaria, France and Spain. We cover the network that belongs to Royal Petrol Group. We are planning to develop this network in future. We have a plan to enter the Turkish market. Basically, such asset is economically attractive for us and we will try to make it economically efficient. Our plan is to further maintain and develop it,” Kabyldin said.

According to the Chairman, Kazakhstan is enhancing its positions and economically feasible assets will be maintained at the appropriate technological and technical level to receive profits and retain its market share.

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