Kazakhstan joining Baku-Tbilisi-Ceyhan oil pipeline project

Kazakhstan is close to the completion of the legal registration of documents on joining the Baku-Tbilisi-Ceyhan oil pipeline, Kazakh Minister of Energy and Mineral Resources Sauat Mynbayev said.

Kazakhstan joining Baku-Tbilisi-Ceyhan oil pipeline project
By Worldbulletin staff

Russian news agency reported Kazakhstan is close to the completion of the legal registration of documents on joining the Baku-Tbilisi-Ceyhan oil pipeline, Kazakh Minister of Energy and Mineral Resources Sauat Mynbayev said on Wednesday at a meeting of the Kazakh-Azerbaijani intergovernmental commission for economic cooperation.

The report said "The Kazakh side informed the Azerbaijani colleagues that literally tomorrow (April 24) the republic's upper house of parliament (Senate) will consider the draft law on the ratification of the republic's agreement with Azerbaijan on support and assistance in the transportation of oil along the Baku-Tbilisi-Ceyhan system," the minister specified.

The lower house of Kazakhstan's parliament (Majilis) on March 26 approved the draft law on the ratification of the republic's agreement with Azerbaijan on support and assistance in the transportation of oil along the Baku-Tbilisi-Ceyhan system, the agency said.

The document envisages the creation of a new scheme of transportation of Kazakh oil via the Caspian Sea with its further pumping through this pipeline. The new oil transport infrastructure will be created with the implementation of this project.

The Baku-Tbilisi-Ceyhan pipeline (sometimes abbreviated as BTC pipeline) is a crude oil pipeline that covers 1,768 kilometres from the Azeri-Chirag-Gyuneshli oil field in the Caspian Sea to the Mediterranean Sea.

It connects Baku, the capital of Azerbaijan; Tbilisi, the capital of Georgia; and Ceyhan, a port on the south-eastern Mediterranean coast of Turkey, hence its name.

It is the second longest oil pipeline in the world after the Druzhba pipeline.

The first oil that was pumped from the Baku end of the pipeline on May 10, 2005 reached Ceyhan on May 28, 2006.

Last Mod: 24 Nisan 2008, 15:48
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