MOSCOW, June 27 (Reuters) - Kazakhstan's Tengizchevroil
(TCO) exported its first oil to Germany last month via Russia's
Druzhba pipeline, supplying 100,000 metric tons, two industry
sources told Reuters, as the venture ramps up production.
TCO is owned by Chevron ( CVX ) with a 50% stake, ExxonMobil ( XOM )
with 25%, KazMunayGaz with 20%, and Lukoil
with 5%. It operates Kazakhstan's largest oilfield,
Tengiz.
The consortium declined to comment.
Kazakhstan's main oil exporting channel goes via the Caspian
Pipeline Consortium, which ships around 80% of the country's oil
via Russia's Black Sea terminal. But the world's largest
land-locked country is striving to diversify its exporting
routes.
Chevron ( CVX ) said in January it had begun a $48 billion expansion
of Tengiz, which is one of the world's deepest and most complex
fields due to high sulphur levels and harsh weather conditions.
Output at the field in January to May reached 15.9 million
tons, according to KazMunayGaz.
Kazakhstan's oil exports to Germany via the Soviet-built
Druzhba (Friendship) pipeline, are forecast to rise this year to
2 million tons, or around 40,000 barrels per day, from 1.5
million tons in 2024.
Kazakhstan has given its oil, supplied via Russia, the name
KEBCO (Kazakhstan Export Blend Crude Oil) to distinguish it from
Russia's Western-sanctioned Urals blend.