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Tengizchevroil reduces oil production at Kazakhstan's Tengiz field

Kazakhstan Materials 28 November 2023 14:55 (UTC +04:00)
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, November 28. Tengizchevroil (TCO) has reduced oil production at the Tengiz field by more than half, adviser to the Minister of Energy of Kazakhstan Shyngys Ilyasov told reporters, Trend reports.

As he noted, production was reduced to 39,000 tons per day. Previously, daily production volume was 84,000 tons.

In general, production at large fields of the country has declined by 56 percent.

According to Ilyasov, the reason for the decline in production was the restriction of oil intake at the Caspian Pipeline Consortium due to weather conditions.

The volume of oil production in 2022 in Kazakhstan amounted to 84.2 million tons, or 101.6 percent of the planned figure.

The Tengiz field produced 29.2 million tons of oil, or 100 percent of the 2022 plan. Oil production at the Karachaganak field amounted to 11.3 million tons - 103.8 percent of the plan. At Kashagan, oil production amounted to 12.7 million tons - 109.5 percent.

Oil exports in 2022 reached 64.3 million tons, or 103.4 percent of the plan.

Kazakhstan also plans to produce 90.5 million tons of oil in 2023, of which 71 million are planned to be exported.

The volume of oil production in Kazakhstan at the end of 2021 amounted to 85.9 million tons, in 2020 - 85.7 million tons.

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