Kashagan fine halted

2026-09-08

Kazakhstan Suspends Proceedings to Recover $5 Billion from NCOC Oil Consortium

Kazakhstan suspended enforcement proceedings to recover $5 billion from the North Caspian Operating Company (NCOC) over alleged environmental violations at the Kashagan oil field. The move impacts maj

reuters · 2026-09-08 04:47 UTC

2026-07-24

Kazakhstan freezes assets of Kashagan operator over disputed $5 bln environmental fine

Kazakhstan has frozen assets of the North Caspian Operating Company over a disputed $5 billion environmental fine regarding sulphur storage breaches. The joint venture partners dispute the allegations

reuters · 2026-07-24 09:58 UTC

2026-07-15

Kashagan oil operator says arbitration blocks Kazakhstan from enforcing fine

An international arbitration tribunal blocked Kazakhstan from enforcing a $4.9 billion environmental fine against the Kashagan oilfield operator. The North Caspian Operating Company, a joint venture i

reuters · 2026-07-15 23:11 UTC

Media coverage (3)

Kazakhstan Suspends Proceedings to Recover $5 Billion from NCOC Oil Consortiumreuters
Kazakhstan freezes assets of Kashagan operator over disputed $5 bln environmental finereuters
Kashagan oil operator says arbitration blocks Kazakhstan from enforcing finereuters

Kashagan fine halted

Kazakhstan Suspends Proceedings to Recover $5 Billion from NCOC Oil Consortium

Kazakhstan freezes assets of Kashagan operator over disputed $5 bln environmental fine

Kashagan oil operator says arbitration blocks Kazakhstan from enforcing fine

Media coverage (3)

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