VOL. XLVII

No 10

08-March-2004

CASPIAN

Kazakh Court Fines Product Distributors $94Mn For High Fuel Prices

A court in the Kazakh capital Astana fined seven distributors of fuel products produced at PetroKazakhstans Shymkent refinery $93.5mn for breaking anti-trust laws and raising fuel prices. The firms named in the ruling include: Karneftekhim, Munai Sauda Oil, Janarmai Torg, Petroleum Country, Ek-Munai, Vostok-Munai Ltd, and Kyzylorda Munai Service. The case was brought against the distributors...