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Tengiz: Fire Paralyzes Kazakh Oil Giant and Threatens CPC Exports

A fire at a power station caused production to halt at the Tengiz field, one of the world’s largest oil deposits. Five export cargoes have already been cancelled.

Tengiz: Fire Paralyzes Kazakh Oil Giant and Threatens CPC Exports

CountriesAllemagne, Kazakhstan, Russie
CompaniesChevron, ExxonMobil, Lukoil
SectorPétrole
ThemeRisques & Événements

Oil production at Kazakhstan’s Tengiz field has remained shut since January 19 following a fire that broke out the previous day at the site’s GTES-4 power station. According to three industry sources cited by Reuters, this disruption could last another 7 to 10 days, potentially extending into February. Operator Tengizchevroil (TCO) confirmed the temporary shutdown of operations at the Tengiz and Korolevskoye fields, citing power supply problems.

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Pétrole