Caspian Pipeline Consortium, Georgia

Kazakhstan searches for the new oil export sources

Its likely that Kazakhstan will have to search for the new sources of its oil exports to Europe if oil sanctions are applied against Russia, the Minister of Oil and Gas of Kazakhstan, U. Karabalin says. Only the CPC laid via Russia transports over 32 million tons of Kazakh oil, and now they analyze new oil export routes for the redirecting of these volumes. The alternative variants are Azerbaijan and Georgia. The way will pass from Kazakhstan to Azerbaijan and then to Georgia and to the Black Sea. Another potential variant is withdrawal of the sanctions against Iran, Y. Tsygush, the analyst of the international financial holding FIBO Group says.

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The reversing of Baku-Novorossiysk should be hurried up

Azerbaijan should intensify negotiations with the Russian side about the reversing of the Baku-Novorossiysk pipeline for the start of Siberian oil transporting. Otherwise, Azerbaijan will have to bear large expenses for the maintenance of Baku-Novorossiysk, Baku-Supsa and Baku-Tbilisi-Ceyhan pipelines the transporting of which is considerably lowered.
In 2017, oil transporting via the pipelines of Azerbaijan will lower by 11.4% to 39.7 million tons in comparison to the forecast for 2013.
They forecast that oil transporting will be 44.8 million tons in 2013, 43.7 million tons in 2014, 44.5 million tons in 2015, and 42.2 million tons in 2016. In 2012, oil transporting was 43.3 million tons. Even the entire volume mentioned above is not enough to load BTC by 100%.

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From 2014, Kazakhstan will annually export 4 million tons of oil via Azerbaijan

The Kazakh sea port of Aktau and Tengizchevroil LLC (TCO), the largest oil producer of Kazakhstan have signed the contract for exports of 4 million tons of oil via Azerbaijan annually starting from 2014, the Baku APA informational agency reports referring to the CEO of the port of Aktau B. Uandikov. He says that 3 million tons of the volume will be transported via Baku-Tbilisi-Ceyhan pipeline, and the rest will be transported by railway from the Georgian terminal of Kulevi at the Black Sea. They negotiate about the point with Azerbaijan.

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New Enhancements to Rusmininfo,full story selector available in Russian

Rusmininfo is pleased to announce some further enhancements to the news service.This week we have launched a full story selection system in Russian so now every user can select the news they want to receive according to their exact parameters in both Russian and English for full e-mail alerts.
To set up your new selections please log in and click on 'My News Alerts' then use the drop down menu and click on the companies,countries and sectors you want to receive news on.
If you have mislaid your log in details please e-mail [email protected]
Best Regards
Rhod Mackenzie
Managing Director

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