Kazakhstan's oil export capacity to consider expanding

September 25 News, Azerbaijan and Kazakhstan, Kazakhstan is seeking to expand the capacity of crude oil to the Black Sea, in order to meet the country's future oil production growth. According to the Azerbaijani state oil company SOCAR president Rovnag Abdullayev said that Kazakhstan and Azerbaijan will assess the existing pipeline Baku-Supsa oil pipeline, while the assessment of new oil pipeline linking the Black Sea.

According to government statistics, in 2008 Kazakhstan produced 70.6 million tons of oil and gas condensate, or 1.4 million barrels / day, an increase of 4.8%. By 2015 annual production will be more than 100 million tons, or 2 million barrels / day. At present, Kazakhstan is seeking to diversify export routes. Kazakhstan and Azerbaijan will be the future of a major transit point for oil exports.

Sep. 28, 2009