Saturday, May 26, 2012


News / From Our Bureaus

Oil And Gas Investors Seeking $1 Bln From Kazakhs

TEXT SIZE - +
ASTANA -- Kazakh Energy and Natural Resources Minister Sauat Mynbaev has expressed government hopes that a $1 billion business dispute with a British-Italian oil consortium will be resolved before the case goes to international arbitrators, RFE/RL's Kazakh Service reports.

British BG Group has confirmed that it is involved in talks over what is said to be upwards of $1.4 billion in export duties paid in connection with operations at the northwestern Kazakh Karachaganak oil and gas field.

Mynbaev said on September 22 that BG and Eni had already filed suit with an international arbitration court.

The duties were reportedly paid in 2008.

Most Popular

               
 
 
 
 
Being Discussed Now

No Saturday Night Fever, As Armenia Mulls Eurovision Blackout

Latest Comment (23 total)

greg: Rafi. you go through round after round accusing me of raping and killing ... More

Loophole Offers Legal Out For Doctor Convicted In Bin Laden Case

Latest Comment (3 total)

khan: i think everyone in the paki gov should be hanged the traiters suking ... More

Putin Wants To Party Like It's 2007

Latest Comment (3 total)

nirvichara: It is so boring to hear all this crap about Putin's "old KGB ... More