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Transit deliveries of energy supplies to world markets can go through Caspian region

Kazakhstan Materials 28 November 2014 17:44 (UTC +04:00)
The Caspian region can become a transit area in energy supplies to world markets,
Transit deliveries of energy supplies to world markets can go through Caspian region

Astana, Kazakhstan, Nov. 28

By Daniar Mukhtarov - Trend:

The Caspian region can become a transit area in energy supplies to world markets, Kazakhstan's representative to the Energy Charter Conference, and the conference's deputy chairman, Jambulat Sarsenov, said Nov. 27.

He was making a closing statement at a meeting of the conference's 25th session held in Astana, Kazakhstan.

"We (the charter's members) should further work hard to ensure the safety and reliability of transit of energy resources by increasing the responsibilities of the parties of international business associated with the energy supply. We aim to attract new members to the charter and strengthen the existing ties," he said.

Sarsenov said the Astana declaration, adopted at the 25th session, reflects all the new proposals related to the responses to the current challenges. One of them is the development of transit corridors and infrastructure.

He also said Kazakhstan accepts the invitation of the Netherlands to take part in the May 2015 signing ceremony of the declaration of International Energy Charter in The Hague.

Kazakhstan also accepts the invitation of Turkmenistan to take part in the international forum dedicated to the security of transit deliveries with participation of member countries of the Energy Charter, to be held Dec. 8-9.

Edited by CN

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