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Kazakhstan presses on with $4.4 billion fine against Kashagan consortium
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Kazakhstan presses on with $4.4 billion fine against Kashagan consortium
Aug 25, 2025 8:16 AM

ALMATY, Aug 25 (Reuters) - Kazakhstan's regional

ecological department is pressing ahead with a fine of some $4.4

billion against an international consortium developing the

country's giant Kashagan oilfield, according to an official

document and a source, amid prolonged legal battles.

The consortium, which includes Eni, Shell,

TotalEnergies and ExxonMobil ( XOM ), said its

shareholders strongly disagree with any such fine and will

continue to pursue all available avenues of recourse against the

decision.

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