Kazakhstan wants to cut Kashagan cost by 30 pct

Fri Jul 10, 2009 1:38am EDT
 
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BAISERKE, Kazakhstan, July 10 (Reuters) - Kazakhstan wants to reduce the cost of developing its giant Kashagan oilfield by 30 percent, the chief executive of Kazakh state oil company KazMunaiGas [KMG.UL] said on Friday.

"Thirty percent would be great," Kairgeldy Kabyldin told reporters. "I can say that this is our position." (Reporting by Masha Gordeyeva; Writing by Olzhas Auyezov; Editing by Michael Urquhart)

 

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