Kazakhstan to double crude supplies via Aterau Samara pipeline

Thursday, 03 Jan 2008

Interfax reported that Kazakhstan is ready to double crude exports through the Aterau-Samara pipeline and suggests expanding the Caspian Pipeline Consortium project.

The report quoted Mr Nursultan Nazarbayev president of Kazakhstan as saying that "We have discussed broader possibilities of Kazakh crude exports through the Aterau-Samara pipeline. We may enlarge the supplies from 10 million tonnes to 20 million tonnes.”

He added that "We have basically agreed to expand the Caspian Pipeline Consortium, in particularly, involve Kazakhstan in the Burgas-Alexandroupolis project. In order to make the Caspian Pipeline Consortium successful, we should enlarge the crude deliveries to 67 million tonnes as soon as possible.

He added that Kazakhstan will guarantee the supplies of 17 million tonnes it has been asked for.

Mr Nazarbayev also said that "We have also discussed atomic energy cooperation, the joint construction of a power plant in Aktau and further integration of our atomic energy industrie.” He added that the basic agreement has been reached and departments will settle the formalities by next summer.

Mr Nazarbayev said that "An agreement concerning a prospective route for cargo transit between Western Europe and Western China" will soon be signed in Orenburg. This is an important project of the Shanghai Cooperation Organization. A minister told me that the agreement would soon be reached in Orenburg.”