Kazakhs Claim $1.4B at Tengiz

摘要

Kazakh authorities are reportedly alleging that overproduction of crude oil at the giant onshore Tengiz field earned its operator some 212 billion tenge ($1.44 billion) in illegal revenues. Dow Jones Newswires cited a spokesman for the Kazakh financial police as saying further information will be released at a later date, while Tengizchevroil, the Chevron-led consortium developing the field, insists it is in full compliance with its contractual agreements (IOD Jun.24,p8).