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Bloomberg: Kazakhstan Expects Eni-Led Group `to Compromise’ on Kashagan

By Greg Walters and Anthony DiPaola

Sept. 5 (Bloomberg) — Kazakhstan expects the Eni SpA-led group “to compromise” in talks with the government on developing the biggest oil find in more than three decades.

There’s not been “any progress yet” and the government is waiting for the group to propose a plan that will allow the field to begin pumping oil “as soon as possible,” Deputy Finance Minister Daulet Ergozhin said by telephone from Astana, the Kazakh capital today.

To contact the reporter on this story: Greg Walters in Moscow [email protected] ; Anthony DiPaola in Rome at [email protected] .
Last Updated: September 5, 2007 09:57 EDT

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