Kazakhstan has Legal Right to Penalize Agip KCO
10.10.2006
Kazakhstan has a legal right to penalize the Agip KCO consortium, which is participating in the development of the Kashagan deposit, in the event that the consortium postpones the deadline for launching commercial production, Zhaksybek Kulekeyev, the first vice president of KMG stated.
So far, there have been no definitive reports...