Kazakhstan’s $12 Billion Kashagan Arbitration Claim Faces a Major Setback

Reporting published on 23 October said an international tribunal had dismissed Kazakhstan’s $12 billion claim concerning costs associated with the Kashagan oil field, while other claims of approximately $8 billion remained in the proceedings. The dispute highlights the scale of legal, contractual and regulatory issues in major energy projects. Legal and compliance teams can contact HPC for a quotation on document analytics, data management and project-governance technology.