Kazakhstan warns Kashagan operator head of possible prosecution over failure to pay environmental fine

Exxonmobil Holdings Corporation
Shell Plc Sponsored ADR

Exxonmobil Holdings Corporation

XOM

0.00

Shell Plc Sponsored ADR

SHEL

0.00

ALMATY, July 21 (Reuters) - Kazakhstan's Ministry of Justice has warned the head of the North Caspian Operating Company, which operates the country's Kashagan oilfield, of possible criminal prosecution over failure to pay an almost $5 billion environmental fine, two sources close to the matter told Reuters on Tuesday.


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.