LONDON (AFX) – ChevronTexaco Corp said work on the US$3 billion second stage of its huge Tengiz oil field in Kazakhstan has been halted, the Wall Street Journal reported. The company said the Tengiz project’s partners, which include the Kazakhstan government, are at odds about terms. “We had no option but to suspend all activity,”…
KAZAKHSTAN: ChevronTexaco halts work on stage 2 of Tengiz oil field
Posted on December 5, 2002 by EnergyAsia