PetroKaz & Kazakhstan Gov.

There have been at least two articles in the last two days on PetroKaz and dealing with the Kazakhstan government. To be successful, make a deal with that government -- or else.

Didn't Jean Chretien fly there to consult? What was his advice? Don't miss reading the paragraph beginning with "What help might Petrokaz expect from Ottawa" for real politics.

Will Petrokaz deal dodge the bullets? -- "in the case of Chinese oil giant CNPC's proposed acquisition of Calgary-based PetroKazakhstan" Peter Foster, Oct. 14, 05

[. . . . ] On the positive side, PetroKaz appears to have structured an all-but-unbreakable deal, which puts all the risk on CNPC. On the negative, the arrangement is under assault not only from the government of Kazakhstan, which is threatening to change the rules of the takeover game retroactively, but also from Russian oil major Lukoil, which is claiming first refusal on PetroKaz's stake in a local joint venture. The great danger lies in CNPC walking away. [. . . . ]

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