Middle East Economic Survey
VOL. LIII
No 14
05-April-2010
CASPIAN
Kazakh Authorities Launch Probe Into Alleged KPO Illegal Earnings
Alleging that Karachaganak Petroleum Operation (KPO) over-produced oil and gas condensate by 1.1mn tons and 94,000 tons respectively during 2008, Kazakhstans financial police have launched an investigation into the consortiums operations in the countrys huge Karachaganak field. The Kazakh authorities allege that KPO earned $708mn illegally during 2008 by producing...
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