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May 03, 2007

Oil Consortium To Pay For Damage In Kazakhstan

May 3, 2007 (RFE/RL) -- Kazakhstan's Environmental Protection Ministry says an oil joint venture has agreed to pay $8 million for the ecological damage it has caused along the Caspian Sea shore, RFE/RL's Kazakh Service reported.


Tengizchevroil operates the giant Tengiz oil field. The consortium is led by oil giant Chevron and also includes ExxonMobil and the Kazakh state energy company Kazmunaigaz.


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