Soon tenders for part Caspian oil pipeline

Jul 14, 1997 02:00 AM

June 23, 1997 By the year 2000, the pipeline of the Caspian Oil Pipeline Consortium (COPC) is to carry 28 million tonnes of oil a year. In prospect, the throughput is to be brought up to 67 million tonnes a year, COPC President Vladimir Stanev said.
Immediately following the obtaining of a right to build the Tengiz-Novorossiisk oil pipeline across the territories of Astrakhan Region, the Kalmyk Republic, Stavropol and Krasnodar Territories, the COPC management intends to announce a tender for the construction of the oil pipeline, Stanev said. This right is expected to be obtained before January 1, 1998. The COPC pipeline is to supply oil from Turkmenistan, Kazakhstan, Azerbaijan, and from Astrakhan region.
The pipeline section running across Astrakhan Region, has already been built. It will be inspected and tested for subsequent operation. Work to build the pipeline section is underway in Kazakhstan. 750 kilometres of the COPC pipeline system is to be built across the Kalmyk Republic, Stavropol and Krasnodar Territories. Oil is to be transported to beyond Russia and is also to be used for the needs of Russian enterprises.
The COPC operation will promote an increase in the production of oil and gas in Astrakhan Region and its near-shelf areas.

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