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Wednesday, March 05, 2008

Trans-Caspian pipeline discussed in Baku, Azerbaijan

03 March 2008 - Today.Az - Kazakh experts are visiting Baku to discuss an agreement on the Trans-Caspian pipeline. The due information has been provided by Rovnag Abdullayev, president of the State Oil Company of Azerbaijan. R.Abdullayev noted that talks on the Trans-Caspian project are carried out with the Kazakh government and KazMunayGaz. He announced that a joint venture will be created with Kazakh KazMunayGaz. "At the same time, terminals will be constructed in Kazakhstan and Azerbaijan. Moreover, we will carry out these operations using Kazakh and Azerbaijani vessels. Kazakh experts are currently staying here, works on the said issue are carried out and an agreement will probably be concluded in the near future", SOCAR President said.

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