After completion of construction of a new plant, the Tengiz field will extract 36 million tons of oil a year.
The cost of the new plant, which is been designed by Tengizchevroil company, is over $20 billion. This is one the biggest investment projects implemented in our country, reported 24kz. The latest technologies available in the world will be applied during construction of the third generation plant on the Tengiz field in Atyrau district.
“After all these works production is expected to be increased by 12 million tons. From the current average 24 up to 36 million tons a year,” Rzabek Artygaliyev, General Manager of Tengizchevroil company. The company has been developing the complex Tengiz field with abnormally high pressure up to 800 atmosphere with 20% hydrogen sulphide content in oil.
Tengizchevroil company has come into our country over 20 years ago, thanks to the direct agreement between the Kazakhstan President Nursultan Nazarbayev and the Chevron administration, which has become the first investor of independent Kazakhstan.
Kazakhstan President called development of Tengiz, which possesses huge oil resources, “project of the century.” During these years tens of billions of dollars have been invested into the country’s economy. About 20,000 local specialists and workers will be involved into the construction works. Over $7 billion is planned to be spent to buy goods and services from the Kazakhstan companies. This will allow creating thousands of jobs almost in all regions of our country, where the orders will be placed.
