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Chevron-Led Kazakh Venture Curbs Oil Output on Export Issues

  • Export facility on Black Sea damaged amid bad weather
  • Tengizchevroil lowers production as CPC sea terminal repaired
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Chevron Corp.’s oil production venture in Kazakhstan -- which operates the country’s largest field -- is curbing output due to issues at a supply link on the Black Sea.

“Due to unscheduled repair works at the Caspian Pipeline Consortium’s marine terminal, Tengizchevroil is adjusting its production accordingly,” the company, also known as TCO, said in a statement.