DATA PLATFORM FOR FINANCIAL MARKET PROFESSIONALS AND INVESTORS
  • High performance interface for global bond market screening
  • Full information on close to 400,000 bonds from 180 countries
  • 100% coverage of Eurobonds worldwide
  • Over 300 primary sources of prices
  • Ratings data from all international and local ratings agencies
  • Stock market data from 60 world trading floors
  • Intuitive, high speed user interface
  • Data access via the website, mobile application and add-in for Microsoft Excel

PetroKazakhstan Fine

December 5, 2005 Bloomberg



PetroKazakhstan, which was recently bought by China National Petroleum Corp. for $4.18 billion, was ordered to pay 96.45 billion tenge ($720 million) to Kazakhstan for abusing its dominant position in the country's fuel market.

A court in Kazakhstan on Nov. 24 ordered the Calgary-based company to pay a fine of 1.47 million tenge and ruled that 96.44 billion tenge in illegally earned revenue should be confiscated, PetroKazakhstan said Friday in a statement. The ruling is due to come into force Monday. PetroKazakhstan plans to appeal.
Company — PetroKazakhstan
  • Full name
    PetroKazakhstan Inc.
  • Industry
    Oil and gas