Kazakhstan accuses Karachaganak Consortium of “Illegal Profits”

30.03.2010
    Kazakhstan’s financial police accused the Karachaganak Petroleum Operating (KPO) consortium last Friday of illegally earning $708 million in 2008, claiming it profited from oil output that was not approved by the state.     KPO reportedly produced 1.1 million tonnes of crude and 94,000 tonnes of gas condensate in excess of the agreed...