Kazakhstan fines Chevron oil venture over ecology

Wed Oct 3, 2007 8:48am EDT
 
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ASTANA (Reuters) - Kazakh Ecology Minister Nurlan Iskakov said on Wednesday the government has imposed a $609 million fine on the Chevron-led Tengizchevroil (TCO) oil venture over ecological and other violations.

"We have put forward a fine of 74.4 billion tenge or $609 million," Iskakov told reporters in the capital Astana.