Baku, Azerbaijan, Oct 27
By Elena Kosolapova - Trend:
EuroChem, one of the world largest agrochemical companies, acquired several oil and gas deposits in Kazakhstan, RIA Novosti quoted the company’s general director Dmitry Strezhnev as saying.
"We have engaged in oil and gas sphere, purchased deposits in Kazakhstan, and three licenses in Russia - in Saratov, Urengoy and Astrakhan. We are actively engaged in exploration of oil and gas aiming at sulfur, and plan to develop geology exploration," Strezhnev said at the VIII Congress of geologists in Russia.
EuroChem is a vertically integrated agrochemical company, combining low-cost natural resources and production bases supported by wholly-owned logistics assets and a global advisory, sales and distribution platform. The company has assets in Russia, Lithuania, Kazakhstan and Belgium, plus a joint venture in China. These assets have ready access to key markets through EuroChem’s logistics and distribution network that currently covers more than 25 countries.
EuroChem is developing two phosphate rock deposits in the Zhambyl region of Southern Kazakhstan.
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