Tuesday, 16 April 2002

CHINA REITERATES INTEREST IN PIPELINE

Published in News Digest

By empty (4/16/2002 issue of the CACI Analyst)

A senior Chinese spokesman for the branch of the China National Petroleum Corporation (CNPC) developing oil fields in western Kazakhstan, Zhang Cheng Wu, said on 16 April that Beijing is ready to build a trans-Kazakhstan pipeline from the Caspian Sea to China if the predicted hydrocarbon reserves in the Kazakh sector of the sea are confirmed. Zhang added that a feasibility study has already been prepared, and the estimated cost of the 2,900-kilometer pipeline is $3 billion-3.5 billion, the news agency said.
A senior Chinese spokesman for the branch of the China National Petroleum Corporation (CNPC) developing oil fields in western Kazakhstan, Zhang Cheng Wu, said on 16 April that Beijing is ready to build a trans-Kazakhstan pipeline from the Caspian Sea to China if the predicted hydrocarbon reserves in the Kazakh sector of the sea are confirmed. Zhang added that a feasibility study has already been prepared, and the estimated cost of the 2,900-kilometer pipeline is $3 billion-3.5 billion, the news agency said. He stressed that China has never abandoned the idea of a Kazakh-Chinese pipeline. The CNPC has been developing the Zhanazhol and Kenkiak fields in western Kazakhstan's Aktobe Oblast since 1997. (Interfax-Kazakhstan)
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The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.

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