Tengiz
Quick Summary
The Tengiz oil field, located in Kazakhstan on the northeastern Caspian Sea border, is a supergiant field with up to 9 billion barrels of recoverable reserves. Discovered in 1979, its active development began in 1993 when the American oil company Chevron gained equity. Extracting oil from Tengiz is exceptionally challenging due to high levels of hydrogen sulfide gas, extreme well pressure, and large volumes of natural gas. Kazakhstan is a leading global producer of uranium and possesses significant reserves of various other minerals, including copper, lead, zinc, silver, and rare-earth metals.12
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