LUKOIL Overseas intends to utilize the capacities of the Baku-Tbilisi-Ceyhan (BTC) main export oil pipeline. "Work over the exploitation of BTC is underway. We are considering the delivery of gas condensate to be produced from the shah Deniz field via this route, Andrey Kuzyayev, the President of LUKOIL Overseas Holding Ltd. told in an interview for the Russian daily Nefyaniye Vedomosti, Trend reports .
At present the company has firmed several production centers. It is first of Kazakhstan where we plan to increase oil production to 10 million tons of equivalent oil a year by 2010 and Uzbekistan, which has similar oil production perspectives, only by 2012, he stressed.
Kuzyayev noted his companys interests in cooperation with Turkmenistan, in purchase of production and geo-exploration assets first of all in the Caspian shelf.
Speaking of oil export from Kazakhstan to China via the Atasu-Alashankou route, the company President said that LUKOIL Overseas has not set up the crude delivery, while similar perspectives are on agenda. We have taken a principle resolution, and further commercial talks will be held with CNPC how to efficiently arrange the oil volumes. It is dealt with possible delivery of oil from Kumkol developed by Turgay Petroleum, a joint venture between Lukoil Overseas and CNPC. For the time being major amount of delivery from field runs via the Caspian Pipeline Company (CPC) and domestic market of Kazakhstan, he noted.
Today LUKOIL will in principle not change export flows from Kazakhstan. We deliver major volumes via the CPC, part - via the pipeline to Samara, part (from the North Buzachi) through the Aktau-Makhchkala sea way, part - to Orenburg oil refinery plants (ORP) and ORPs of Kazakhstan. We utilize all export routes which exist in Kazakhstan. We start delivery of small volumes of oil from Kumkol (20,000 tons a month) to Uzbekistan, Kuzyayev concluded.