Middle East Economic Survey

VOL. XLIX

No 9

27-February-2006

CASPIAN

TCO Says Tengiz Crude Oil Production Exceeds Target

Chevron-led Tengizchevroil (TCO) says crude oil production during 2005 from Kazakhstans giant onshore Tengiz oilfield totaled 13.559mn tons (296,400 b/d), exceeding the target of 13.489mn tons. Production for 2004 totaled 13.7mn tons (MEES, 7 February 2005). TCO said that in 2005 it sold 13.684mn tons of crude oil, out of which 13.535mn tons was exported through Novorossysk via...