Baku, Azerbaijan, Feb. 9
By Elena Kosolapova - Trend:
Kazakh Tengizchevroil (TCO) company produced a record volume of oil - 27.16 million tons in 2015, the company said.
The company produced 26.7 million tons of oil in 2014.
Last year, the company sold 1.27 million tons of liquefied gas and 6.85 billion cubic meters of dry gas. TCO sold 2.7 million tons of sulphur, which is 13 percent more than in 2014 (2.4 million tons).
Tengizchevroil LLP was founded in 1993, on the basis of the agreement signed between the government of Kazakhstan and Chevron Corporation to develop Tengiz field.
TCO operates on the license area in Kazakhstan which covers the super-giant Tengiz field and a smaller Korolev field, as well as several promising areas for exploration.
The shareholders of TCO are KazMunaiGas national oil and gas company of Kazakhstan (20 percent), Chevron Overseas (50 percent), ExxonMobil (25 percent) and LukArco (five percent).
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