Kazakh Chevron JV plans $15-20 Billion Growth by 2016
17.06.2011
By Raushan Nurshayeva and Robin Paxton
U.S. energy major Chevron Corp's Kazakh oil venture plans to invest up to $20 billion by 2016 to raise production by nearly 40 percent, a senior company official said on Thursday. Tengizchevroil, Kazakhstan's largest oil producer, is considering borrowing money to help finance its five-year...