Original version

BBC World Service Australasia

Witness History

Podcasts

Factual: History

History as told by the people who were there

History as told by the people who were there.

BBC World Service East and Southern Africa Schedule

BBC World Service East and Southern Africa

BBC World Service Online

BBC World Service schedule for American satellite radio and the Caribbean

BBC World Service Americas and the Caribbean

BBC World Service

BBC World Service South Asia

BBC World Service News Internet

BBC World Service Europe and the Middle East

BBC World Service West and Central Africa Schedule

BBC World Service West and Central Africa

BBC World Service East Asia

Witness History: The oilfield that changed Kazakhstan

Documentaries

oil field.jpg

03/10/2023 GMT

The oilfield that changed Kazakhstan

BBC World Service - Witness History, The oilfield that changed Kazakhstan

In 1993 Kazakhstan partnered with Chevron and started drilling for oil

In 1993 Kazakhstan partnered with Chevron and started drilling for oil. The venture turned them into one of the largest oil producers in the world.

In the wake of the USSR breaking up, Kazakhstan was wrestling with the challenges of independence; hyperinflation, the economy collapsing and food shortages.

But three-and-a-half kilometres underground on the north-east shore of the Caspian Sea, a giant financial opportunity was lying dormant – The Tengiz Oil Field. Less than two years after gaining sovereignty, the government signed the “deal of the century”. 

The state partnered with American company Chevron and started drilling to access the estimated 25 billion barrels of oil in the ground.

Tengiz is the sixth largest oilfield in the world, and its resources would change Kazakhstan from a fledgling state, to one of the largest oil producers in the world.

Johnny I’Anson speaks to Bruce Pannier, a news correspondent in Central Asia for over 30 years, who saw first-hand the chaos of independence and the growth of wealth in the country.

(Picture: Tengiz Oil Field. Credit: Getty Images)

Accessibility links

Programme Index

Witness History

The oilfield that changed Kazakhstan

Genres

Formats

Brand

BBC World Service Australasia

About BBC World Service