Interfax reports that oil production at the giant Tengiz Field in Kazakhstan has gradually increased after an outage.
The Tengizchevroil group, which operates the giant Tengiz oil field, reported to Interfax on Tuesday that the oil?production is gradually increasing after a'suspension' in January.
Tengiz - which accounts for 40% of Kazakhstan's total oil production - was closed a large part of the month last after fires broke?out at its power plants?on January 18th. Kazakhstan is investigating these incidents.
Two industry sources reported that Tengiz had been seized on February 9.
You can also find out more about the Recovery Program.
The goal is to achieve full production by February 23.
The Caspian?Pipeline Consortium's (CPC) main exporting route, which crosses?into Russia?enroute to the Black Sea, has seen a steep drop in?Kazakhstan oil exports. Mark Trevelyan (Reporting)
(source: Reuters)
