News 2013October, 2013
“The draft of the future lifting expansion (FLE) at the Tengiz field valued of $ 23 billion and providing for an increase in oil production up to 38 million tonnes per year has been approved,” said the Deputy Chairman of the Board of KazMunayGas. Herewith, he also reminded that the implementation of FLE was planned for 2013-2018: "Given the fact that we are only several months late with the approval of the reservoir management plan, we generally look up to the same term.
That is, we plan to complete the entire project of future expansion sometime in the middle of the year 2018”. The Deputy General Director of Tengizchevroil LLP Anuarbek Dzakiev announced that the capacity expansion at Tengiz includes the construction of a facility for crude oil stabilization with the volume of 12 million tonnes, a new system for the collection of crude oil, two sour gas compressors for injection, andplants generating electricity using auxiliary energy resources. "The future expansion project will provide the possibility to increase the daily volume by additional 250-300 thousand barrels, i. e. about more than 30 thousand tonnes per day," he added.