KCTS
KMG stake in Caspian Transportation System 50 percent - Idenov
(SRI) - KazMunaiGas has a 50-percent stake in the planned Kazakhstan Caspian Transportation System (KCTS) with Azerbaijani SOCAR holding the other half, Maksat Idenov, the first vice president of the Kazakh national oil company said last week.
Kazakhstan’s exports via BTC pipeline rising
(SRI) - The volume of Kazakh oil transported via the Baku-Tbilisi-Ceyhan (BTC) pipeline has been steadily increasing since October last year when Kazakhstan began to use the BTC route.
Preliminary agreement on Kazakhstan Caspian Transportation System to be signed late January
(SRI) - A preliminary memorandum on exporting Kazakhstan’s crude oil to world markets via the Kazakhstan Caspian Transportation System (KCTS) will be signed in late January, AzerNEWS reported on Wednesday.
Kazakhstan boosts oil production forecast
(SRI) - Energy officials in Astana are expecting to transport as much as 392 million barrels of oil per year through the Baku-Tbilisi-Ceyhan pipeline, UPI reported on Friday.
ANALYSIS: Lack of export infrastructure hinders Kazakhstan’s bid to become oil power
Kazakhstan, with its vast reserves of hydrocarbons, is on a path to become a petro-power on a global scale. That, at least, is the plan of the Kazakh government, oil companies with access to the rich oil fields of Kazakhstan, and those seeking alternatives to OPEC oil.
Chevron to build new pipe on Kazakh Caspian shore
U.S. oil company Chevron agreed with Kazakhstan on Friday to press ahead with a new domestic oil pipeline, due to be part of a broader $3 billion project to link Caspian oil deposits with international markets.
