TENGIZ HOLDS PROMISE, PROBLEMS FOR SOVIETS

The U.S.S.R.'s Tengiz oil field near the northeast coast of the Caspian Sea in western Kazakhstan has posed the Soviet Union's most difficult problems in evaluating and developing a supergiant reservoir. Tengiz probably will not be developed enough to permit an accurate determination of reserves until 1995, Soviet geologists say. However, it's possible the timetable could be advanced if a joint venture between Moscow and Chevron Corp. goes into operation and includes Tengiz (OGJ,

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