VOL. XLVI

No 39

29-September-2003

CASPIAN

TCO Partners Sign Agreement With Kazakhstan On SG/SGI Project

Kazakhstans partners in TengizChevron (TCO), which is developing the giant onshore Tengiz oilfield, signed an agreement in Almaty on 19 September to proceed with the previously suspended $3bn-$3.5bn Second Generation/Sour Gas Injection (SG/SGI) project. This became a highly controversial topic late last year when operator ChevronTexaco announced that the plan would not go ahead because the...