Business

Kazakhstan’s Tengiz Field Remains Offline After Fire, CPC Shipments Canceled

ALMATY – Oil production at Kazakhstan’s Tengiz oilfield could remain suspended for 7-10 days, following an emergency shutdown over the weekend, potentially further tightening crude exports through the Caspian Pipeline Consortium (CPC), industry sources told Reuters on Jan. 20. Operations at the Tengiz and Korolevskoye fields, operated by Tengizchevroil...

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