[lbo-talk] Chevron-led oil venture to fight Kazakh fine

uvj at vsnl.com uvj at vsnl.com
Fri Dec 7 16:30:56 PST 2007


Reuters.com

Chevron-led oil venture to fight Kazakh fine http://www.reuters.com/article/environmentNews/idUSL0453587020071004?sp=true

Thu Oct 4, 2007

By Maria Golovnina

ALMATY (Reuters) - A Chevron-led oil venture in Kazakhstan denied on Thursday it was violating environmental laws and said that it will fight a $609 million fine imposed on it by the government.

The move against Chevron alarmed investors working in Kazakhstan where the government is locked in a parallel row with an Italian-led consortium developing another oilfield, Kashagan. http://www.reuters.com/article/environmentNews/idUSL0453587020071004?sp=true



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