Auditors doubted the ability of the joint company of KMG and Lukoil to continue operations
KPMG auditors flagged material uncertainty at Kalamkas-Khazar Operating, set to develop three blocks on Kazakhstan's Caspian shelf.
KazMunayGas
Oil dispute in Mangistau settled without trial, but compensation amount not disclosed
The Energy Ministry signed an agreement ending a years-long dispute over the Dunga oilfield production sharing agreement in the Mangystau region.
KazMunayGas creates consortium with Shell, Chevron, Sinopec and CNOOC for oil exploration in the Caspian region
Mature fields of KazMunayGas have already depleted almost 70% of their reserves.