Middle East Economic Survey

VOL. LIV

No 43

24-Oct-2011

CASPIAN

Azerbaijan Expects Increased Crude Transit From Kazakhstan And Turkmenistan

Ziya Mammadov, Azerbaijans Minister of Transportation, told APA news agency on 13 October that Azerbaijans state-controlled railways company will purchase 1,500-2,000 rail wagons in order service an expected increase of Kazakh crude oil transported to Baku by train. The expected volume increase was estimated at 3mn tons/year.

In related news, Dragon Oil,...