Oil and Gas

Kazakh President summons Kashagan partners - WSJ

LONDON, Dec 31 (Reuters) - Kazakh President Nursultan Nazarbayev has summoned the heads of the six foreign oil companies that control the Kashagan oil field to a meeting on Jan. 11, the Wall Street Journal reported on Monday.

The newspaper said it had seen a letter sent to the partners, inviting them to a meeting with Nazarbayev and Prime Minister Karim Masimov at which the deadlock over the field may be broken.

The government is seeking compensation for delays and cost overruns which threaten to cut the state’s take of project revenues.

The Kashagan project is led by Italian oil major ENI ENI.MI. The other foreign investors are France's Total SA TOTF.PA, Royal Dutch Shell Plc RDSa.L, Japan's Inpex 1605.T and U.S. oil companies Exxon Mobil Corp XOM.N and ConocoPhilips Corp COP.N.

No one was available for comment at ENI. Shell and Total declined to comment.

Reporting by Tom Bergin, editing by Erica Billingham;