Kazakhstan studies deal with Azerbaijan for Baku-Ceyhan pipeline

Nov 28, 2002 01:00 AM

"The export of Kazakhstani oil through Baku-Ceyhan route makes up to 400,000 bpd", Kairgeldy Kabyldin, executive director of national oil and gas company KazMunaiGaz stated on 27 November in Baku.
Kabyldin informed that "currently we study an agreement between Azerbaijan and Kazakhstan, which would guarantee the participation of Kazakhstani firms in Baku-Ceyhan pipeline".

Kabyldin reminded that the participants of Kashagan project in Kazakhstani section of Caspian Sea already control 15 % of shares of the consortium that had to build the Baku-Ceyhan pipeline.
According to Kabyldin up to 400,000 bpd could be delivered to Baku by tankers, but for the volumes above this figure a pipeline through the Caspian Sea is needed.

Source: GAZETA.KZ
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