Kazakstan Withdraws Tax Break To Kashagan Partners After Pre-Emption Of BG Shares To China
In what is seen as a deliberate swipe at the partners in the North Sea Caspian production-sharing agreement (PSA), which is developing the offshore Kashagan oilfield, the Kazak Government has withdrawn two tax exempt certificates that were issued to the consortium in 1999 and 2000 respectively. This measure, which could wind up costing the partners millions in back taxes,...
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!