Canadian oil company PetroKazakhstan has announced a “temporary production curtailment” of Turgai Petroleum, its 50% joint venture with Lukoil, following a partnership dispute. A company press release said there has been “non-compliance by the management of Turgai Petroleum with existing agreements on marketing”. PetroKazakhstan accused the Turgai management of not supplying the company’s…
KAZAKHSTAN: Turgai joint venture production ‘temporarily curtailed’
Posted on January 6, 2005 by EnergyAsia