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Azerbaijan, Kazakhstan Preparing for Talks with Investors under BTC project - Kazakh Minister

Oil&Gas Materials 4 April 2007 13:29 (UTC +04:00)
Azerbaijan, Kazakhstan Preparing for Talks with Investors under BTC project - Kazakh Minister

Azerbaijan, Baku / corr. Trend I.Khalilova / Baktikoja Izmuhambetov, the Kazakh Energy Minister, stated in Baku on 4 April that Azerbaijan and Kazakhstan are preparing for talks on the agreement of host countries within the framework of joint oil pumping via the Baku-Tbilisi-Ceyhan (BTC) oil export pipeline.

"Investors, who are involved in BTC and Kashagan projects simultaneously will have to carry out talks with Azerbaijan and Kazakhstan," he emphasized.

During the meeting with the Azerbaijani Minister for Economic Development Heydar Babayev, it was decided that Azerbaijan will soon define a negotiation group on development of agreement.

Kazmunaygas will represent Kazakhstan in the talks, the Minister stressed.

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