Entry of Chine to Kashagan project to change situation in the Caspian region cardinally
Edited by Rhod Mackenzie / 2013-09-09 12:03:33
The entry of China to the Kashagan project will cardinally change the situation in the Caspian region. A part of oil from Kashagan will be supplied to Chinese market instead of Europe and North America via the Kazakh-Chinese oil pipeline, which is not filled today. The Baku-Ceyhan pipe is unlikely to receive anything, because the remaining oil will be taken by the extended CPC.