Tengizchevroil reduced production by 6.5% in H1

Tengizchevroil LLP in H1 2014 produced 13 mln tons (104 mln barrels) of crude oil against 13.9 mln tons (108.7 mln barrels) in H1 2013.

Tengizchevroil being the largest oil extraction enterprise in Kazakhstan, exports crude oil by various transportation routes. Tengizchevroil supplies crude oil to Novorossiysk by the CPC, by railway to Odessa, Taman and Aktau, then to Batumi and Kulevi.

According to the company, in H1 2014 the company also sold 627 thousand tons of LNG (-6.8%) and 3.3 bln cubic m of dry gas (-5.7%).

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