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Kazakhstan begins forced recovery of $5 billion from Kashagan operator despite arbitration ban

Kazakhstan begins forced recovery of $5 billion from Kashagan operator despite arbitration ban

On July 21, 2026, the Ministry of Justice initiated enforcement proceedings: the claimant is the state, the debtor is NCOC, the amount is 2.3 trillion tenge (~$5 billion). The case has been entered into the Unified Debtors Register.
Attila The Hunn 27 Jul 2026

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