ASTANA, June 15 Tengizchevroil, Kazakhstan's
biggest oil producer, has reduced dividend payouts to its
shareholders Chevron, ExxonMobil, LUKOIL
, and KazMunayGaz, KazMunayGaz chief
executive Sauat Mynbayev said on Thursday.
Mynbayev told reporters Tengizchevroil would also borrow
about $20 billion to help finance the $37 billion expansion.
Kazakhstan and foreign partners also continue talks on
another oil project, Karachaganak, over a financial dispute, he
(Reporting by Mariya Gordeyeva; Writing by Olzhas Auyezov;
Editing by Andrey Ostroukh)