April 2, 2021, ATYRAU – Tengizchevroil LLP (TCO) has unveiled its corporate responsibility report for the period 2019-2020. The report gives a comprehensive overview of TCO's social and environmental performance and despite the challenges posed by the current global pandemic, TCO’s priorities remained focused on protecting its workforce and the environment, supporting the communities where it operates and getting results the right way. 

 

“We continue to make a major contribution to the Republic of Kazakhstan’s economic progress and future, said Kevin Lyon, TCO’s General Director. “We strive to operate in a safe, reliable, and environmentally responsible manner and our TCO Way values of Diversity and Inclusion, High-Performance, Integrity and Trust, Partnership and Protecting People and the Environment, define us and guide our actions in delivering results.” 

 

In 2020, TCO safely produced 26.5 million tonnes of crude oil and was the largest contributor to the national economy of the Republic of Kazakhstan (RoK), as well as the leading purchaser of domestic goods and services. 

 

Despite tough market conditions and the global pandemic, TCO continued to invest in environmental performance, Kazakhstani Content and in social programs that provided COVID-19 support, social infrastructure facilities and programs in the areas of health, education and economic development.

 

 

Key highlights from the report:

 

Protecting The Environment

Since 2000, TCO has invested over $3.1 billion in projects to minimize the environmental impact of the Tengiz field, hence reaching a gas utilization rate of 99%, and an improvement in the water reuse rate to 49,2%. TCO also improved wastewater treatment, reduced wastewater discharges using the best available technologies and delivered safe waste disposal. 

 

Protecting Our People And The Community

In 2020, TCO worked in close partnership with state authorities to sponsor KZT4.5 billion worth of medical equipment, supplies and capabilities, which included over 648 000 units of personal protection equipment, 56 oxygen concentrators, 252 units of medical equipment, 20 ventilators and 4 PCR-testing units for the community in Atyrau region. Along with the Business Partners and Contractors, TCO led an initiative to raise funds to build a multidisciplinary medical complex with 200 beds in Kulsary town, located in the Zhylyoi district near the Tengiz field.

 

Supporting Kazakhstani Content 

Last year, TCO continued to be the country’s leading purchaser of domestic goods and services with $3.5 billion spent on local suppliers, including $2.4 billion for the Future Growth Project - Well Head Pressure Management Project (FGP-WPMP). These results were achieved while at the same time increasing the share of Kazakhstani citizens in TCO’s workforce to 92%, a new high for the company. 

 

Investing In The Communities Where We Operate 

Since 1993, TCO has spent over $2.1 billion to finance various social programs for residents of the Atyrau Oblast and TCO employees. In 2020, the company invested over $25 million within the framework of its “Egilik” voluntary social infrastructure program, completing the construction of a 280-seat kindergarten in Dossor, a 100-seat student dormitory allocated to the Atyrau College of Energy and Construction, a flagpole national monument in Atyrau, and improvement of the “Kursay” river embankment in Kulsary. In addition, over $2.2 million was invested in the Community Investment Program (CIP) on 18 projects aimed at improving the quality and accessibility of health care, education and development of social entrepreneurship in both Atyrau and Mangystau Oblasts.

 

 

About Tengizchevroil LLP

Tengizchevroil LLP is a Kazakhstani partnership that develops, produces and markets crude oil, LPG, dry gas and sulfur. TCO conducts its operations in accordance with world-class safety and environmental standards. In April 1993, Tengizchevroil was formed between the Republic of Kazakhstan and Chevron Corporation. Current partners are: Chevron, 50 percent; KazMunaiGas NC JSC, 20 percent; ExxonMobil Kazakhstan Ventures Inc., 25 percent and LukArco, 5 percent. 

 

The Future Growth Project-Wellhead Pressure Management Project (FGP-WPMP) are two integrated projects implemented by TCO simultaneously. FGP-WPMP implementation will allow an increase in Tengiz crude oil production capacity. While FGP implementation will expand production, WPMP will keep the existing Tengiz plants at full capacity by lowering wellhead pressure and boosting the pressure of the six existing processing trains.