Kazakhstan has filed a lawsuit against the North Caspian Operating Company (NCOC). The country’s government wants the oil company to pay $5.1 billion in fines for violating environmental legislation, according to Bloomberg, citing the Ministry of Ecology of Kazakhstan.
«The Ministry of Ecology blames NCOC for storage of twice as much sulfur the country’s legislations allow it to store within a production facility,» the news agency reported.
NCOC earlier said that it follows all rules and requirements in Kazakhstan consistently.
The Kashagan oil field is considered one of the largest oil deposits discovered over the...