Kazakhstan is pressing ahead with $16.5 billion in claims against international oil majors over disputed project costs and has no plans for a possible out-of-court settlement, Energy Minister Almasadam Satkaliyev said on Tuesday.
The Kazakhstan offices of the two consortiums did not reply immediately to requests for comment.The Astana government has already had a series of disputes with its partners over the terms of oil deals, which typically ended with settlements.
In 2012 the Kashagan partners agreed to cover $1 billion in Kazakh state energy company KazMunayGaz's extra costs to settle a dispute over the project.
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