Kazakhstan ends tax break after China cut from project

摘要

Just hours after the freeze-out My 16 of both Chinese buyers for BG's 17% stake in the super-giant Caspian Sea oil find at Kashagan, the government of Kazakh president Nursultan Nazarbayev dropped a bombshell tax ruling against the Kashagan partners, who preempted Sinopec and CNOOC from their US1.2-bil purchase.