Field Development

Kazakhstan upholds latest fine on Western-led Caspian Sea oil project

Authorities in Astana claim the project's operator flared excessive associated gas in 2023

An aerial view of artificial islands with oil and gas production and processing equipment at the Kashagan oilfield in the Caspian sea in Kazakhstan.
An aerial view of artificial islands with oil and gas production and processing equipment at the Kashagan oilfield in the Caspian sea in Kazakhstan.Photo: REUTERS/SCANPIX
European Correspondent
Published 13 January 2025, 14:08Updated 13 January 2025, 14:08
KazakhstanKashaganUCC HoldingNorth Caspian Operating CompanyAsia & Oceania