KazMunayGas May Use Preemption Right Over Possible Romanian Stake In Rompetrol

Kazakhstan’s KazMunayGas, owner of Rompetrol group, could buy back any shares Romania might take over in oil refinery Rompetrol Rafinare (RRC.RO) if the former is not able to fully repay its debt to the country, the head of Rompetrol said Tuesday."We haven't yet signed a final document regarding the debt. If the state takes over shares in Rompetrol Rafinare, then we can buy them back, because we have preemption rights," said Saduokhas Meraliyev, chief executive of Rompetrol.Late June, ...

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