Financial Times FT.com

Kazakhstan seeks bigger role in Kashagan

By Isabel Gorst in Astana

Published: September 6 2007 06:16 | Last updated: September 6 2007 09:43

Kazakhstan has demanded greater control over the Kashagan oilfield in the Caspian Sea, alleging that inadequate management by a foreign group led by Italy’s Eni could damage the central Asian republic’s econ­omy and reputation as a reliable global energy supplier.

Karim Massimov, Kazakh prime minister, said on Thursday that KazMunaiGas, the state oil company, should be appointed as co-operator at Kashagan, where Eni had proved “incapable of fulfilling some of its obligations”.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this