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Court ruling orders NCOC and Agip to pay 134 billion in environmental fines Ecology

Court ruling orders NCOC and Agip to pay 134 billion in environmental fines

Press service of Atyrau Oblast Court reports that the specialized inter-district economic court of Atyrau Oblast have finished the judicial hearings concerning the statements made by Agip Kazakhstan North Caspian Operating Company B. V. (Agip) and North Caspian Operating Company B. V. (NCOC). The companies filed an appeal against the instructions issued by the regional department of ecology about compensation of damage in the amount of 134 billion tenge based on the results of environmental audits after leaks occurred on Kashagan gas pipeline. April 30 2014, 12:52 4 523 views
War in the reeds (Photo, Video) Ecology

War in the reeds (Photo, Video)

Armed forces of Kazakhstan intruded the territory of “Ak Zhaik” nature reserve on the night of April 22. Armed with machine guns  the border patrol of “Eurasia” outpost (#2016 military unit of RoK National Security Committee) demolished an entrance barrier and entered “Ak Zhaik”state nature reserve. The nature reserve employees qualify this fact as illegal invasion, but the frontier guards call the actions of their opponents as “malicious hindrance to protection of frontiers”. April 24 2014, 15:23 2 923 views
Kashagan: Will they come out 'dry' from sea water? Economy

Kashagan: Will they come out 'dry' from sea water?

On Thursday, April 17, members of the government and main investors of the North Caspian project will have a meeting where the investors are going to propose a detailed plan of activities till the end of 2014.   This was voiced by Erbolat Dosaev, the RoK Minister of Economy and Budget Planning at the briefing in Astana on Monday. It is interesting to know whether he will also be taken to task for his contractor company at Kashagan?  April 16 2014, 11:08 3 968 views