LONDON (AFX) – ExxonMobil, Royal Dutch/Shell, ENI’s Agip and others could face stiff penalties from a dispute over the start-up date of production at Kazakhstan’s US$20 billion Kashagan offshore oil field, the Financial Times reported, citing Kazakhstan president Nursultan Nazarbayev. He wants the first oil to be pumped in 2005, but consortium members believe that…
KAKAHSTAN: Exxon, Royal Dutch/Shell, others face penalties relating to project
Posted on June 19, 2003 by EnergyAsia