Tengiz found itself in the same crosshairs as Kashagan
Atyrau region's ecology department accused Tengiz, Kazakhstan's largest oil field operator, of accumulating waste without proper permits.
oil
NCOC assets seized — Kashagan fine collection moves from paper to practice
The standoff over the environmental fine for Kashagan's operator enters a new, far more concrete phase.
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.
Kashagan. The $4.9 billion fine has still not been paid. Will there be criminal prosecution?
Kazakhstan's Justice Ministry sent NCOC Managing Director Giancarlo Ruiu an official warning of administrative and criminal liability for non-payment of an environmental fine.
Kazakhstan gave NCOC a deadline of July 20 to pay an environmental fine of 2.3 trillion tenge
The operator of the Kashagan oil field, NCOC, must pay Kazakhstan a $5 billion environmental fine by July 20.