ENERGY
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From Times Staff and Wire Reports
Chevron Signs Pipeline Deal: The oil company has signed a memorandum of understanding to join an Oman-Kazakhstan consortium that plans to transport oil by pipeline from the landlocked former Soviet republic. The pact also outlined Chevron’s “desire to obtain priority access to the pipeline for all crude oil that it plans to produce in the Tengiz and Korolev fields of Kazakhstan,” an Omani oil official said. Chevron signed a $20-billion agreement with Kazakhstan last month for development of the Tengiz and Korolev oil fields.
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