Kazakh authorities to re-auction two oil and gas blocks after payment failure

Licences for the blocks were won by a Netherlands-connected newcomer in a December online auction but authorities never saw the promised payment

New auction: a vessel sailing along the Ural river in the city of Atyrau in Kazakhstan
New auction: a vessel sailing along the Ural river in the city of Atyrau in KazakhstanPhoto: UCOZ.KZ
Published 19 February 2021, 12:05Updated 19 February 2021, 12:05