|08 / 2004|
CASPIAN CRUDE: assessing export routes
The rapid growth of Kazakhstan's crude and gas condensate production, nearing 1.2mn b/d this year and set to rise to 2mn b/d by 2010, poses massive challenge for Kazakhstan pipeline infrastructure. Having started the project on pipeline crude shipments to China, Kaztransoil, the Kazakhstan pipeline operator, also studies another strategic direction — shipments from the Kazakhstan's Caspian shelf. The start of output there is penciled for 2007. This means that Kazakhstan's key pipeline operator must design and launch new strategic project within very limited period of time.
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