Unscheduled Tengiz oil field repairs to continue until year-end – Kazakh energy ministerUnscheduled repairs at Kazakhstan's largest oil and gas field, Tengiz, are expected to be completed by the end of the year, Energy Minister Almassadam Satkaliyev said in a report presented at a government meeting.The report noted that repairs "at the second-generation plant of the Tengiz field, caused by an internal steam leak detected on October 26," are a key factor in the downward revision of Kazakhstan's 2024 oil production forecast.The report stated that the repairs are expected to continue "until the end of the year."The Ministry of Energy previously explained that production at the second-generation plant at Tengiz was partially halted for repairs on the E-401A waste heat boiler of Unit 400. During equipment inspections, localized through-wall corrosion damage was detected. Initially, the repairs were scheduled to conclude by November 23.Tengiz, located in Kazakhstan's Atyrau region, is one of the country's largest oil fields, holding oil reserves of 3.1 billion tonnes. According to the latest company data, the field produced 14.4 million tonnes of oil (114.6 million barrels) in January-June 2024, marking a 3.4% decline compared to the same period in 2023.Tengizchevroil LLP, the consortium operating the field, includes Chevron (50%), ExxonMobil Kazakhstan Ventures Inc. (25%), Kazakhstan's KazMunayGas (20%), and Lukoil (5%). (ICE ALMATY)

Fonte notizia: INTERFAX