VOL. XLV

No 50

16-December-2002

CASPIAN

Kazakstan Says Tengiz Dispute Resolved, But Talks Continue Says ChevronTexaco

Kazakstans Energy Minister Vladimir Shkolnik told the Kazak parliament on 9 December that the government had resolved its differences with ChevronTexaco over the financing for a $3bn expansion plan at the onshore Tengiz oilfield and had come up with a mutually acceptable scheme for the financing of the second generation project. According to a report carried by Russias Interfax...