dieses Projekt wird bald fertiggestellt
September 2002
Kazakhstan starts work on pipeline
Almaty:
Kazakhstan`s state-owned oil and gas company
Kazmunaigaz has said that it has started building a
$160 million pipeline connecting the oilfields in the
Aktobe region in West Kazakhstan with the Atyrau oil
terminal on the Caspian Sea.
The new project will connect the Aktobe region to the
Tengiz-Novorossisk pipeline, owned by the Caspian
Pipeline Consortium (CPC), and to the Atyrau-Samara
pipeline owned by oil pipeline monopoly Kaztransoil
and Russia`s Transneft.
The Kazakh-Chinese joint venture CNCP-Aktobemunaigaz
is operating the oilfield, and currently exports 70
per cent of its oil through oil contract swaps with
Russia.
Currently, the sole pipeline to export markets from
the Aktobe region - with its Zhanazhol, Kenkiyak,
Alibek Mola, Kozhasai and Urikhtau oilfields - runs to
a refinery in the Russian city of Orsk.
Kazmunaigaz used the proceeds from a $150 million
eurobond issued last year by Kaztransoil, an affiliate
of Kazmunaigaz, and its own funds to finance the new
448 km pipeline.
The company said the new pipeline will have an annual
maximum capacity of about six million tonnes of oil,
the equivalent of some 120,000 barrels per day (bpd),
and will become operational next year.
However, the pipeline will transport around two
million tonnes per year during the first two years
after completion.
José