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Kazakhstan Suggests to Eliminate Georgian-South Ossetian Conflict’s Consequences

Oil&Gas Materials 3 October 2008 15:56 (UTC +04:00)

Kazakhstan, Astana, 3 October / corr. Trend K.Konirova / Kazakhstan has large plans to develop economical cooperation with the Caucasus and suggests thinking of elimination of the Georgian - South Ossetian conflict's consequences, Trend correspondent in Astana reported. .

"It is necessary to eliminate the conflict's consequences. We have good plans. We trade oil through the Caucasus. Any conflict should end in a peace," Kazakhstan's President Nursultan Nazarbayev said.

The EU takes a decision to dispatch an observation contingent, including Kazakhsn, for solution of the conflict.

"For us it assumes both political and economical meaning," Nazarbayev said at his meeting with Latvian President Valdis Zatlers.

The Kazakh-Latvian business forum with participation of 90 Latvian and more than 150 Kazakh companies will take place in Astana during the Latvian President's visit. The commodity turnover between Kazakhstan and Latvia exceeded $196mln in 2007.

Kazakhstan exports about 2mln tons of oil through Azerbaijani territory a year. KazMunayGaz owns the oil terminal in the Georgian port of Batumi. After 2012 the part of oil from Kashagan field will be directed to Baku-Tbilisi-Ceyhan pipeline.

The correspondent can be contacted at с[email protected]

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