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Kazakhstan suspends bid to recover $5.06 billion from NCOC

Kazakhstan’s Ministry of Justice has suspended enforcement proceedings to recover 2.3 trillion tenge ($5.06 billion) from North Caspian Operating Company, which runs the Kashagan oil field, Interfax reported. NCOC is a JV including Shell and TotalEnergies.

SHELTTEXOM

06 billion) from the North Caspian Operating Company (NCOC), which operates the Kashagan oil field, Interfax reported. NCOC is a joint venture involving Shell and TotalEnergies.