UPDATE 1-Kazakhstan's Tengiz oil output back to normal after unscheduled maintenance - TCO

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds detail) MOSCOW, March 15 (Reuters) - Tengizchevroil (TCO) restored oil output on its Tengiz oil field in Kazakhstan to normal levels after a fall during unscheduled maintenance early in March, a company representative told Reuters in an email on Wednesday. Chevron-led TCO said all oil production trains on the oil field were now online and output was back to normal, it said. Daily oil output on Tengiz was down by 11% from March 1-6 owing to unscheduled maintenance on one of the production trains. Oil output on Tengiz was up to 645,000 barrels per day (bpd) on March 10, from 563,000 bpd from March 1-6, according to two sources familiar with the daily oil production data. Chevron holds a 50% stake in TCO, Exxon Mobil owns 25%, Kazakh state firm Kazmunaigas holds 20% and 5% belongs to Russia's Lukoil .
(Reporting by Reuters; Editing by Sharon Singleton)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.