By empty (12/31/2006 issue of the CACI Analyst)
The state-run China\'s International Trust & Investment Corporation (CITIC) Group has purchased the Kazakh oil assets of Canadian-registered Nations Energy for $1.9 billion. Citic has agreed, however, to give Kazakh state-owned oil and gas company KazMunaiGaz the option to acquire a 50-percent stake in the purchase.The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.
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