OREANDA-NEWS. November 22, 2007. Rompetrol Holding SA confirms that we have received today formal notification from the European Commission that the purcase by KazMunayGas of a 75% stake in The Rompetrol Group N.V. (TRG), announced on 27th August 2007, has received their regulatory approval.

With the approval by the European Commission, the agreement between Rompetrol Holding and KazMunayGas has received full regulatory clearance covering all the markets where the two companies are presently active.  Rompetrol Holding welcomes this decision as the company can now finalize and proceed to close the transaction with our KazMunayGas partners.