energy

Kazakhstan replaces state oil company boss

By SRI ⋅ May 30, 2008 ⋅ Email This Post Email This Post ⋅ Print This Post Print This Post ⋅ Post a comment

Kazakhstan has replaced the chief executive at the state oil and gas company KazMunaiGas, Prime Minister Karim Masimov said on Thursday.

“The board of Samruk (the holding in charge of state-owned companies) has appointed Serik Burkitbayev the president of KazMunaiGas,” Masimov told a meeting at KazMunaiGas.

Burkitbayev, 50, previosly the head of state science and technology holding Samgau, will take over from Uzakbai Karabalin, who has run the company since 2003.

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By Olga Kovalenko, Olzhas Auyezov, David Cowell (Reuters)

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