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Energy Giants at Karachaganak Could Owe Kazakhstan Billions After Arbitration Ruling

Summary by The Astana Times
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — An international consortium developing Kazakhstan’s Karachaganak oil and gas field may be required to pay up to $4 billion after losing an arbitration case brought by the Kazakh government, Bloomberg reported on Jan. 26, citing sources familiar with the matter. Kazakhstan’s Energy Ministry has not yet confirmed the information. Photo credit: kmg.kz Clic…

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The Astana Times broke the news in on Wednesday, January 28, 2026.
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