VOL. XLVI
No 13
31-March-2003
CASPIAN
Kazakstan Reduces TCO Environmental Fine For Damage Caused By Sulfur Storage
Kazakstans Supreme Court on 26 March reduced a $70mn fine levied against TengizChevroil (TCO) last December to $7mn, a decision that is expected to improve the somewhat strained relations between ChevronTexaco and its foreign partners and the Kazak government, which is represented in the consortium by state-owned KazMunaiGaz. But the ruling by a lower court in Atyrau last year...
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