TengizChevroil looking to borrow Money to expand Tengiz Project
05.11.2010
The foreign-led energy consortium operating Kazakhstan’s massive Tengiz oil field is looking to borrow the money needed to fund an expansion project costing more than $20 billion, a stakeholder announced Wednesday.
The announcement was made by TengizChevroil consortium partner Kazakh national oil and gas company KazMunaiGaz (KMG), which owns 20 percent...