CRIMES AND CORRUPTIONS OF THE NEW WORLD ORDER NEWS (mparent7777_1) wrote,
CRIMES AND CORRUPTIONS OF THE NEW WORLD ORDER NEWS
mparent7777_1

Kazakhstan considers to divert oil export route from BTC to Russia

Kazakhstan is considering pumping its oil through Russia as an alternative to the Baku-Tbilisi-Ceyhan (BTC) pipeline due to increased security concerns over the clashes in the Caucasus, a Turkish daily reported on Thursday.


A high level Kazakh official told Turkish business daily Referans that question marks now hang over the security of the BTC pipeline. "We could reconsider our decisions on sending Kazak oil to the world market. Changing the (export) route is in our agenda now," the official was quoted as saying by Referans.

The export of Kazakh oil through BTC had started in May and efforts are underway to supply the line from the larger Kashagan fields. Kazakh oil is seen as the key in plans to expand the BTC.

An official with the Turkish Energy Ministry said the expansion of the BTC line would only be possible with the supply of Kazakh oil. "There is some 50 million tons of oil there and it is unknown how this will be transported to world markets," the official told Referans.

--MORE--
Subscribe
  • Post a new comment

    Error

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.
  • 0 comments