Kazakhstan takes oil majors to arbitration over costs

Kazakhstan has started arbitration proceedings against companies developing its Kashagan and Karachaganak oilfields over $13 billion and $3.5 billion respectively in costs deducted as part of profit-sharing deals, its energy minister said on Tuesday. "I can only say these lawsuits have been filed…#kazakhstan #kashagan #karachaganak #almasadamsatkaliyev #totalenergies #exxonmobil #cnpc #kazmunaygaz #chevron #centralasian
Source: Reuters: Health - Category: Consumer Health News Source Type: news