Kazakhstan's TCO oil venture cuts output due to Russian port work
25/03/2022 11:11
LONDON, March 25 (Reuters) - Kazakhstan's largest oil
venture Tengizchevroil (TCO) is lowering output following
unscheduled repair works at an export terminal at the Russian
port of Novorossisk on the Black Sea coast, TCO operator Chevron
CVX.N said on Friday. urn:newsml:reuters.com:*:nL5N2VQ3PH
"Due to unscheduled repair works at the Caspian Pipeline
Consortium's (CPC) marine terminal, Tengizchevroil (TCO) is
adjusting its production accordingly and plans to export crude
oil in line with CPC's allocation," a Chevron spokesperson said.
The company would not provide detail on the size of the
output cuts.
(Reporting by Ron Bousso; editing by Jason Neely)
((ron.bousso@thomsonreuters.com; +44 (0) 2075422161; Reuters
Messaging: ron.bousso.reuters.com@reuters.net))