UK, Kazakhstan Bolster Ties With $1.6B Oil And Gas Plant

Law360, Washington (July 01, 2013, 8:09 PM ET) -- British Prime Minister David Cameron and Kazakh President Nursultan Nazarbayev unveiled a $1.6 billion oil and gas processing plant on the Caspian Sea and signed $1 billion worth of deals on Monday, which they said would strengthen the countries' trade and economic ties.

As part of the countries' strategic partnership, British companies like Wood Group will invest more money into Kazakhstan's oil and gas industry, while other penned deals will bolster the education, transportation and aviation sectors.

Cameron brought a large British business contingency on his...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required