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Sulfur production in Tengizchevroil hits over 1.1 mln tons in first half-year

Oil&Gas Materials 9 September 2011 11:10
Volume of sulfur production in the LLP Tengizchevroil (TCO) hit more than 1.1 million tons in the first half-year, LLP told Trend.
Sulfur production in Tengizchevroil hits over 1.1 mln tons in first half-year

Kazakhstan, Astana, Sept.9 / Trend, A.Maratov /

Volume of sulfur production in the LLP Tengizchevroil (TCO) hit more than 1.1 million tons in the first half-year, LLP told Trend.

"During the first half-year 2011 volume of sulfur production hit 1.1 million tons, volume of sales - 1.9 million tons, which constitutes 165 percent of production volume during the first half-year. Success in sulfur sales led to reducing volumes of "sulfuric maps" of Tengiz to 4.9 million tons," the company said.

TCO sells high-quailty sulfur of four types to buyers from many countries, mainly the Mediterranean and Central Asia, including Kazakhstan, Russia, Ukraine and China.

In addition, according to the company, sales of liquefied oil gas in the LLP in the first half-year amounted to - 664,000 tons, dry gas - 3.4 billion cubic meters.
Tengiz field in western Kazakhstan was opened in 1979. It is one of the deepest and largest oil fields in the world

In April 1993, Tengizchevroil was created after the Kazakh government and Chevron signed the agreemeent. At present, its partners are: Chevron - 50 percent, KMG - 20 percent, ExxonMobil - 25 percent and LukArko - 5 percent.

Recoverable oil reserves in Tengiz field collector by April 2033 hits from 750 million to 1.1 billion tons (6-9 billion barrels). Total proven reserves of Tengiz field are 3 billion tons (26 billion barrels), and 190 million tons (1.5 billion barrels) at the Korolevski Field. The collector is 19 km (12 miles) in width and 21 km (13 miles) long.

TCO completed the expansion in the third quarter of 2008 which brought daily capacity to 75,000 metric tons (600,000 barrels) of crude oil per day and 22 million cubic meters (750 million standard cubic feet) of gas per day.

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