Wednesday, September 16, 2026

Kazakhstan: Tengizchevroil starts restoration of oil output at Tengiz field

Date:

The Chevron-led venture Tengizchevroil has started to restore production at the Tengiz oil field, Kazakhstan’s largest, after operations were partially suspended earlier this month.

The first well was successfully brought back online at 3:35 a.m. local time, according to a statement from the Kazakh energy ministry. A total of five wells are currently in operation.

Output will be ramped up gradually, the ministry said. The energy ministry and KazMunayGas are supporting the project operator to accelerate the return to planned output levels.

Energy Minister Yerlan Akkenzhenov said on Jan. 28 that Kazakhstan expects the oil field to reach full production within a week, boosting the Central Asian country’s output that’s been blighted since late last year by a series of incidents.

Exports from Tengizchevroil were restricted following a series of drone attacks on moorings at Russia’s Caspian Pipeline Consortium (CPC) terminal on the Black Sea, the main conduit for Kazakhstan’s crude. That was followed by fires at three power transformers that caused the venture to halt production on Jan. 19.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Nomura expects two RBI rate hikes and a December Fed increase, says Robert Subbaraman

The Reserve Bank of India (RBI) is likely to...

Introduction of MDR on large value transactions to strengthen UPI’s long-term sustainability: RBI

The introduction of Merchant Discount Rate (MDR) on large-value...

India’s July current account deficit doubles to $7 billion, but BoP surplus jumps

India’s current account deficit widened sharply in July, driven...

China’s economic momentum stays weak as consumption falters

China’s consumer spending and investment languished in August, even...