The Chevron-led consortium that operates Kazakhstan’s largest oil field, Tengiz, is imposing production cuts in line with government legislation covering May-June and is not yet aware of additional restrictions for July, it said June 19. Receive daily email alerts, subscriber notes & personalize your experience. Register Now In production since 1993, Tengiz is the mainstay of Kazakhstan’s crude production and the CPC export blend loaded on the Black Sea coast. It accounts for 40% of Kazakh oil production, with output of 667,000 b/d in the first quarter. A major coronavirus outbreak at the site by the Caspian Sea has disrupted a $46.5-billion expansion project expected to lift output to 900,000 b/d in 2023. Kazakhstan has acknowledged a failure to fulfil production cuts agreed […]