Middle East Economic Survey

VOL. L

No 5

29-Jan-2007

CASPIAN

Tengiz Crude Oil Production Averaged 291,190 B/D During 2006

Tengizchevroil (TCO) says crude oil production during 2006 amounted to 13.318mn tons (291,190 b/d) against a target for the year of 13.5mn tons. Production during January 2007 was averaging 300,000 b/d of crude oil and 400mn cfd of natural gas. The production target for next year is set at 550,000 b/d of oil and 750mn cfd of gas following the completion of the $5.5bn Sour Gas...