CALGARY, Alberta , Oct. 31, 2003 (PRIMEZONE) -- Mr. Bernard F. Isautier, Chairman of the Board of Directors of PetroKazakhstan Inc. ("PetroKazakhstan") is pleased to announce the appointment of Mr. Nurlan Kapparov to PetroKazakhstan's Board of Directors, effective Friday, October 31, 2003.
Mr. Kapparov, age 33, is a former President and CEO of the Kazakh state-owned companies KazTransOil (1997-1998) and KazakhOil (1998-1999). He was also Deputy Minister of the Ministry of Energy and Mineral Resources of the Republic of Kazakhstan (1999 - 2001). Prior to his public office positions, he founded a private group of companies in various segments of the growing Kazakh economy. Most recently, Mr. Kapparov received his Masters in Public Administration from the Kennedy School of Government, Harvard University. Mr. Kapparov speaks Kazakh and Russian, as native languages and is fluent in English.
Mr. Isautier commented: "We are pleased and honoured to have such a distinguished person as Mr. Kapparov join PetroKazakhstan's Board of Directors. His extensive experience in the Kazakhstan public sector and as a young successful entrepreneur will serve as an invaluable asset for PetroKazakhstan's continuing growth and success in Kazakhstan."
PetroKazakhstan Inc. is an integrated, international energy company, celebrating its seventh year of operations in the Republic of Kazakhstan. It is engaged in the acquisition, exploration, development and production of oil and gas, refining of oil and the sale of oil and refined products.
PetroKazakhstan shares trade in the United States on the New York Stock Exchange, in Canada on the Toronto Stock Exchange, in the United Kingdom on the London Stock Exchange and in Germany on the Frankfurt exchange under the symbol PKZ. The company's website can be accessed at www.petrokazakhstan.com.
The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.
This information is provided by RNS The company news service from the London Stock Exchange