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Wednesday, September 19, 2007

CPC to hike pipeline tariff

RBC, 19.09.2007, Moscow 19:13:06.Shareholders of the Caspian Pipeline Consortium (CPC) have decided to hike the tariff to pump a tonne of oil from $30.24 to $38 from October 1, 2007, as well as lower the interest rate on borrowed funds from 12.66 to 6 percent. This was reported by CPC's press office following an extraordinary general meeting held in Almaty on September 18-19.

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