How Kazakhstan Aims to Tap More Oil Riches Below Its Grassy Plains
By Stanley Reed , The New York Times. Excerpt: More than two miles below the windswept steppe of western Kazakhstan, porous rocks composed of the skeletons of coral and other ancient marine life form the matrix for one of the world’s most prolific oil fields. Tengiz, as the field is known, has been producing oil for more than three decades, helping to nurture Kazakhstan, Central Asia’s largest economy. The oil field has also contributed handsomely to the earnings of Chevron, the American oil giant, which owns 50 percent of the company that operates Tengiz, known as Tengizchevroil, or TCO. The participation of Chevron and Exxon Mobil in TCO and other projects in Kazakhstan also provides the country, which shares a 4,750-mile border with Russia, with an important tie to the United States. ...Recently, Ukraine has attacked the main oil export route from Kazakhstan through Russia, a 940-mile pipeline that includes flows from the Tengiz field, as part of an effort to crimp Moscow’s ear...