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المشهد العربي
ExxonMobil ties $80B Kazakhstan investment to dispute resolution
ExxonMobil links the implementation of an $80 billion investment project in the Kashagan field in Kazakhstan to the resolution of the ongoing legal dispute between the Kazakhstani government and its international partners, valued at over $150 billion. The project involves establishing a joint venture with equal shares with KazMunayGas to develop the western part of the field and increase production by 600,000 barrels per day. The company has conditioned this on a comprehensive settlement of legal claims, including compensation and the cancellation of a $5 billion environmental fine.
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