Ministry of Justice explains suspension of 2.3T tenge fine against Kashagan operator
Summary
Kazakhstan's Ministry of Justice has issued an official statement regarding the suspension of a 2.3 trillion tenge fine collection from the Kashagan operator.
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The Ministry of Justice of Kazakhstan has officially clarified the circumstances behind the suspension of the collection of a 2.3 trillion tenge fine levied against the Kashagan oil field operator.
The agency provided information regarding the legal grounds and status of the multi-trillion tenge penalty enforcement process.
Legal and regulatory developments around the Kashagan consortium remain a central issue for Kazakhstan's oil and gas industry.
Source: Informburo
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