Press releases » Tengizchevroil LLP
TENGIZCHEVROIL (TCO) took stock of 2019 Community Investment Program (CIP) results
The meeting with participation of the community representatives was held in TCO HQ in Atyrau
February 28, 2020, Atyrau – Tengizchevroil LLP took stock of the 2019 CIP results in Atyrau. The event with the participation of community members, local authorities and employees was held in TCO HQ in Atyrau. Participants were welcomed by Eimear Bonner, TCO General Director.
“In 2020, we celebrate the 10th anniversary of CIP at TCO. I’d like to congratulate everyone here on their tremendous success. I would like to highlight tireless commitment of our NGO partners who design and implement programs that benefit some of the most vulnerable groups in our communities.”, said Mrs. Bonner. She also highlighted that 2020 was announced as a Volunteers Year by RoK President Mr. Tokayev and congratulated all civil activists with this event.
The CIP was launched in 2010 and aimed to attract public organizations to address social important issues in such areas of education, health, ecology, social entrepreneurship and increasing human capital.
“Seven non-governmental organizations (NGO) successfully executed seven social projects in Atyrau oblast in 2019. TCO has allocated over $1 million for these projects as part of the Community Investment Program”, said, TCO General Manager of Policy, Government and Public Affairs - Rzabek Artygaliev.
Last year, within a framework of CIP some projects related to tuberculosis prevention among children and adolescents were launched in Atyrau, opened a laboratory for soil, water and plant analysis and continued work to support people with disabilities.
It worth mentioning that the projects executed within the CIP framework are recognized with awards. Thus, “Yntymak” volunteer program took the second place in “Corporate volunteering” category in a “The best Kazakhstan volunteer 2019” contest facilitated by the national volunteer network. As part of the “Yntymak” program, TCO volunteers and their families carried out some charity activities, educational, social and environmental projects.
In total 12,000 thousand Atyrau residents became direct beneficiaries of TCO CIP in 2019. And in 2020, TCO is planning to continue working with 10 public organizations within the program.
The CIP and Egilik voluntary program of social infrastructure projects are key components of TCO corporate responsibility. Since 1993, TCO’s total contribution to social projects in Atyrau oblast reached $ 2 billion.
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Tengizchevroil LLP is a Kazakhstani partnership that explores, 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 by approximately 12 million tonnes per year or 260,000 barrels per day and the overall Tengiz crude oil production capacity will be approximately 39 million tonnes per year or 850,000 barrels per day. 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.