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500,000 BARRELS OF OIL TO BE DELIVERED FROM KAZAKHSTAN TO BAKU A YEAR

Oil&Gas Materials 11 July 2005 17:36 (UTC +04:00)

By 2010 Eni, Inpex, TotalFinaElf and Conoco-Phillips companies will deliver from Kashagan field in Kazakhstan 500,000 barrels of oil a day (25 million tons a year) to Baku by tankers, Trend reports. The companies enter the BTC Co. and also participate in the development of the Kazakh project.

Part of oil will be delivered via the Baku-Tbilisi-Ceyhan oil pipeline. В"In this period some 40-42 million tons of oil will be supplied through the Azeri-Chirag-Gunashli field a year via the pipeline with the total capacity of 50 million tons a year,В" the same source said.

Part of oil lifted from Kashagan will be delivered via the Baku-Supsa oil pipeline. It is also planned to transport oil via the �northern route’.

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