Looks like the next big oil IPO will be Kazakhstan's state-run co

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Media rumor now is that Kazakhstan's state-run oil company, KMG, is gunning for an IPO after delisting its upstream unit in London ... 

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Guess their looking to privatize a ton of state-run giants, from the national airline and railway to the uranium operator. That's some $70 billion in privatizations.

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That's because President Nazarbayev is pretty much dying and he's cleaning house in preparation for his successor. 

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