Thursday, 04 August 2005

KAZAKHSTAN TO JOIN BAKU-TBILISI-CEYHAN PIPELINE IN OCTOBER

Published in News Digest

By empty (8/4/2005 issue of the CACI Analyst)

Energy Minister Vladimir Shkolnik announced in Aktau on 4 August that Kazakhstan will join the Baku-Tbilisi-Ceyhan (BTC) pipeline project in October. Shkolnik said the eventual connection between Aktau in Kazakhstan and Baku in Azerbaijan will initially function as an independent link carrying 7.5 million tons of oil a year.
Energy Minister Vladimir Shkolnik announced in Aktau on 4 August that Kazakhstan will join the Baku-Tbilisi-Ceyhan (BTC) pipeline project in October. Shkolnik said the eventual connection between Aktau in Kazakhstan and Baku in Azerbaijan will initially function as an independent link carrying 7.5 million tons of oil a year. The hook-up to the BTC will also involve the construction of a new storage and transport terminal in Kuryk, a port 76 kilometers outside Aktau. The entire project will be timed to coincide with the beginning of production at Kazakhstan\'s Kashagan oil field. Production at Kashagan is expected to begin in 2008, according to ExxonMobil\'s Kashagan development plan. (Kazakhstan Today)
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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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