Tengizchevroil: risky hope for short-run survival

Tengizchevroil: risky hope for short-run survivalKazakhstan’s largest oil producing consortium Tengizchevroil (TCO), operated by American’s oil octopus Chevron which also owns half of the shares in the venture, has promised to increase its production in order to compensate in exportation volumes for losses in exportation revenue due to plummeted crude oil prices on world markets through the winter.

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