Oil production at giant Tengiz field in Kazakhstan is gradually rising after outage, Interfax reports
MOSCOW, Feb 17 (Reuters) - Oil production at the giant Chevron-led CVX.N Tengiz field in Kazakhstan is gradually increasing after a suspension in January, Russian news agency Interfax reported on Tuesday, citing the Tengizchevroil consortium that operates it.
Tengiz, which accounts for around 40% of Kazakhstan's total oil output, was shut for much of last month after fires broke out at its power facilities on January 18. Kazakhstan is investigating the incidents.
On February 9, two industry sources told Reuters that Tengiz had recovered to around 60% of peak production and aimed to reach full output by February 23.
A steep reduction in output at Tengiz has contributed to a fall in Kazakhstan's oil exports, especially via its main exporting gateway, the Caspian Pipeline Consortium (CPC), which crosses into Russia en route to the Black Sea.
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