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Kazakhstan Makes $4B Loan For Caspian Sea Oil Drilling

By Liz Hoffman (February 29, 2012, 1:20 PM EST) -- Kazakhstan's government on Wednesday approved a $4 billion loan to state-owned oil and gas company KazMunaiGaz NOP to help develop an offshore Caspian Sea oilfield whose massive oil reserves could be headed to China by the end of the year....

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