Kazakhstan Seeks $5.1 Billion Fine from Kashagan Oil Field
- Government accuses operator of storing too much sulfur on site
- NCOC has previously said it operates in accordance with rules
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Kazakhstan has filed a claim against the giant Kashagan oil venture for about 2.3 trillion tenge ($5.1 billion) in environmental protection fines, according to the Ecology and Natural Resources Ministry.
The ministry accuses the North Caspian Operating Company, which runs Kashagan, of keeping more than double the amount of sulfur permitted on the site, the ministry said in response to questions from Bloomberg.