Kazakhstan presses on with $4.4 billion fine against Kashagan consortium
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ALMATY, Aug 25 (Reuters) - Kazakhstan’s regional ecological department is pressing ahead with a fine of some $4.4 billion against an international consortium developing the country’s giant Kashagan oilfield, according to an official document and a source, amid prolonged legal battles.The consortium, which includes Eni (ENI.MI) , Shell (SHEL.L) ,TotalEnergies (TTEF.PA) and ExxonMobil, said its shareholders strongly disagree with any such fine and will continue to pursue all available avenues of recourse against the decision.
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