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Kazakhstan considering possibility of oil exports through Iran

Kazakhstan Materials 5 October 2006 18:14 (UTC +04:00)

( KAZINFORM) - Kazakhstan is considering the possibility of exporting oil to the world markets through Iran, Kazakh Minister of Energy and Mineral Resources Baktykozha Izmukhametov said.

"The long-term perspective of Kazakh oil exports doesn't exclude the possibility of realizing the Iranian direction," the minister writes in an article published in the republican newspaper Kazakhstanskaya Prvavda on Thursday. "In particular," according to him, "preliminary studies on the Kazakhstan-Turkmenistan-Iran oil pipeline project are being carried out.", reports Trend

As an alternative, Kazakhstan "also shows interest in the Burgas (Bulgaria)-Alexandropolis (Greece) oil pipeline project. According to the minister, the implementation of this project with a capacity of 35 million tonnes of oil a year will make it possible to transport in tankers Caspian and Russian oil from Black Sea ports of Russia, Ukraine and Georgia to the port of Burgas, and then to the port of Alexandropolis through the pipeline, from where oil may be supplied to markets of South-East Asia, India and the United States, Kazinform refers to Itar-Tass.

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