VOL. XLV

No 7

18-February-2002

CASPIAN

TCO Plans Production Expansion To380,000 B/D By 2005

TengizChevroil (TCO), operator ofKazakstans giant Tengiz oilfield, will embark this year on a $2bn project to increaseproduction of the field to 380,000 b/d between 2002-2005. During 2001 TCO producedan average of 250,000 b/d, or 10,000 b/d more than planned.Output during 2002 is to reach 254,000b/d.In an interview with the Interfaxnews agency on 11 February, TCO managing director Tom Winterton said the...