Majilis approved ratification of Contract on transportation of Kazakhstan oil through BTC pipeline
Astana. March 26. Kazakhstan Today - Majilis deputies today at the plenary session approved the bill on ratification of the Contract between the Republic of Kazakhstan and the Azerbaijan Republic on support and assistance to transportation of oil in Kazakhstan through the Caspian Sea and the territory of the Azerbaijan Republic to the international markets through Baku - Tbilisi - Ceyhan pipeline. "The contract provides creation of the new system of transportation of Kazakhstan oil through the Caspian Sea of Baku - Tbilisi - Ceyhan pipeline," the conclusion of the Majilis Committee for International Affairs, Defense and Security informs. "New petro transport infrastructure is planned to be created during the process of realization of the project of creation of the Kazakhstan Caspian system of transportation at the coast of the Caspian Sea of the Republic of Kazakhstan," the conclusion states. The project assumes construction of oil pipeline Eskene - Kuryk, new facilities and expansion of port Kuryk, wherefrom oil in tankers through the Caspian Sea will be delivered to Baku - Tbilisi - Ceyhan pipeline system. The deposits Kashagan and Tengiz will be the resource base."
Resourse: Kazakhstan Today