Tengizchevroil reduced extraction by 1.5% to 19.8 mln tons of oil over 9 months

The largest oil extraction enterprise of Kazakhstan Tengizchevroil LLP in Jan-September 2014 reduced the oil extraction by 1.5% to 19.8 mln tons (158 mln barrels) against the same period in 2013, the company reports.

Tengizchevroil exports oil to Novorossiysk by the CPC pipeline, by railway to Odessa, Taman and Aktau, to Batumi and Kulevi. Within the reported period the company realized 950 thousand tons of liquefied gas (-5%) and 5.1 bln cubic m of dry gas (-3.8%).

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