AI
China Moves on Kazakh, Russian Pipelines
It does not look like the U.S.-Backed Baku-Tbilisi-Ceyhan pipeline will be as all-embracing as Washington had hoped. This pipeline was to be a major victory in the ‘Oil Wars’ for the United States. -Am
Tuesday, Apr. 27, 2004. Page 5
Combined Reports ALMATY, Kazakhstan -- Kazakhstan expects to start building an oil pipeline to China as soon as it has signed a formal agreement on the project in mid-May, the Kazakh government said Monday.
The oil-rich state has been in talks with China for years on extending a pipeline to reach its giant neighbor, and the deal comes after heavy investment by China's state oil firm in Kazakhstan.
"Although the documents all talk about 2005, the decision was taken to speed things up," government spokesman Sergei Tunik said.
The pipeline project is part of a $9.5 billion package of Chinese-Kazakh oil deals signed in 1997, hailed by Kazakh President Nursultan Nazarbayev at the time as the "contract of the century."
Also Monday, China Daily reported that Russia and China may conclude as early as July talks on transporting natural gas from eastern Siberia to China and South Korea through a pipeline. The two sides are negotiating the price of the gas, and Russia will start pumping from the Kovykta field in Irkutsk by the end of 2008, the paper said, citing TNK-BP.
The pipeline will carry 20 billion cubic meters of the gas from Russia to northeastern Chinese provinces, and on to Beijing and the nearby Bohai Rim via domestic pipelines, the report said. An additional 10 bcm of gas will go to South Korea via an undersea pipeline from Dalian, a port in China.
(Reuters, Bloomberg, MT)
http://www.themoscowtimes.com/stories/2004/04/27/052.html
Azerbaijan, Kazakhstan want various Caspian oil pipe routes
26.04.2004 08:07:00 GMT
Almaty. (Interfax-Kazakhstan) - Azerbaijan and Kazakhstan said on Saturday that other routes should be used to carry Caspian oil to international markets in addition to existing facilities such as the Baku-Tbilisi-Ceyhan oil pipeline, which is currently under construction.
"The Caspian region possesses large resources for supplying international markets. Azerbaijan favors a variety of options for pipeline systems," Azerbaijani Deputy Foreign Minister Xalaf Xalafov told a conference in Almaty.
"As for [the Baku-Tbilisi-Ceyhan] pipeline, we are holding negotiations with Kazakhstan, which actively supports the construction of this pipeline. I think that in 2004, Kazakhstan will also link up to this pipeline."
But other options are also possible "if Caspian states possess facilities and reserves that will commercially justify the construction of new [pipelines]," Xalafov said.
Kazakh First Deputy Foreign Minister Kairat Abuseitov spoke in the same vein.
"Diversifying routes for the transportation of oil resources is on the agenda. I think that in this respect we are correct from the point of view of geopolitics, security and economic expediency," he said.
He said another reason for "diversification" was that, under a Kazakh Caspian shelf development program, Kazakhstan is to bring its annual oil output to 150 million tonnes by 2015.
In 2003, Kazakhstan produced more than 51.3 million tonnes of oil and condensate.
The Baku-Tbilisi-Ceyhan pipeline, which will run to the Turkish Mediterranean port of Ceyhan, will be 1,767 kilometers long, the Azerbaijani section being 443 kilometers, the Georgian one 248 kilometers, and the Turkish one 1,076 kilometers long.
http://www.interfax.com/com?item=Azer&pg=0&id=5716350&re
It does not look like the U.S.-Backed Baku-Tbilisi-Ceyhan pipeline will be as all-embracing as Washington had hoped. This pipeline was to be a major victory in the ‘Oil Wars’ for the United States. -Am
Tuesday, Apr. 27, 2004. Page 5
Combined Reports ALMATY, Kazakhstan -- Kazakhstan expects to start building an oil pipeline to China as soon as it has signed a formal agreement on the project in mid-May, the Kazakh government said Monday.
The oil-rich state has been in talks with China for years on extending a pipeline to reach its giant neighbor, and the deal comes after heavy investment by China's state oil firm in Kazakhstan.
"Although the documents all talk about 2005, the decision was taken to speed things up," government spokesman Sergei Tunik said.
The pipeline project is part of a $9.5 billion package of Chinese-Kazakh oil deals signed in 1997, hailed by Kazakh President Nursultan Nazarbayev at the time as the "contract of the century."
Also Monday, China Daily reported that Russia and China may conclude as early as July talks on transporting natural gas from eastern Siberia to China and South Korea through a pipeline. The two sides are negotiating the price of the gas, and Russia will start pumping from the Kovykta field in Irkutsk by the end of 2008, the paper said, citing TNK-BP.
The pipeline will carry 20 billion cubic meters of the gas from Russia to northeastern Chinese provinces, and on to Beijing and the nearby Bohai Rim via domestic pipelines, the report said. An additional 10 bcm of gas will go to South Korea via an undersea pipeline from Dalian, a port in China.
(Reuters, Bloomberg, MT)
http://www.themoscowtimes.com/stories/2004/04/27/052.html
Azerbaijan, Kazakhstan want various Caspian oil pipe routes
26.04.2004 08:07:00 GMT
Almaty. (Interfax-Kazakhstan) - Azerbaijan and Kazakhstan said on Saturday that other routes should be used to carry Caspian oil to international markets in addition to existing facilities such as the Baku-Tbilisi-Ceyhan oil pipeline, which is currently under construction.
"The Caspian region possesses large resources for supplying international markets. Azerbaijan favors a variety of options for pipeline systems," Azerbaijani Deputy Foreign Minister Xalaf Xalafov told a conference in Almaty.
"As for [the Baku-Tbilisi-Ceyhan] pipeline, we are holding negotiations with Kazakhstan, which actively supports the construction of this pipeline. I think that in 2004, Kazakhstan will also link up to this pipeline."
But other options are also possible "if Caspian states possess facilities and reserves that will commercially justify the construction of new [pipelines]," Xalafov said.
Kazakh First Deputy Foreign Minister Kairat Abuseitov spoke in the same vein.
"Diversifying routes for the transportation of oil resources is on the agenda. I think that in this respect we are correct from the point of view of geopolitics, security and economic expediency," he said.
He said another reason for "diversification" was that, under a Kazakh Caspian shelf development program, Kazakhstan is to bring its annual oil output to 150 million tonnes by 2015.
In 2003, Kazakhstan produced more than 51.3 million tonnes of oil and condensate.
The Baku-Tbilisi-Ceyhan pipeline, which will run to the Turkish Mediterranean port of Ceyhan, will be 1,767 kilometers long, the Azerbaijani section being 443 kilometers, the Georgian one 248 kilometers, and the Turkish one 1,076 kilometers long.
http://www.interfax.com/com?item=Azer&pg=0&id=5716350&re
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