KAZAKHSTAN-CHINA PIPELINE COMPLETED

Wednesday, 16 November 2005

KAZAKHSTAN-CHINA PIPELINE COMPLETED

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By empty (11/16/2005 issue of the CACI Analyst)

Kazakhstan\'s National Petroleum & Natural Gas Co. and China National Petroleum Corp. finished their 600-mile Atasu-to-Alashankou oil pipeline.

Kazakhstan\'s National Petroleum & Natural Gas Co. and China National Petroleum Corp. finished their 600-mile Atasu-to-Alashankou oil pipeline. The line can move 140 million barrels per year of crude oil from Kazakhstan to China starting Jan. 1, 2006, the Oil & Gas Journal reported Wednesday. Russia\'s state-owned Rosneft, which currently ships oil to China by rail, is seeking permission to ship 1.2 million metric tons of oil via the pipeline next year. OAO Lukoil also is said to have shown interest in the pipeline. Meanwhile, China\'s Altaw Pass, where the final link in the pipeline was completed, is expected to become a hub for railway, road, and pipeline networks for the remote region in China\'s northwest. (UPI)

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