“Tengizshevroil” to reduce oil production by 3% to 26.4 mln tons in 2016

The largest oil-producing company of Kazakhstan “Tengizshevroil” will reduce oil production by 3% to 26.4% million tons in 2016. Minister of Energy of the republic K.Bozumbaev said.

According to him, there will be taken a decision on financing of the project in the coming months. It will enable to increase oil production at the deposit Tengiz (Aturau region) up to 39 million tons.