VOL. XXXV

NO. 39

29-JUNE-1992

Oman

Chevron to Participate in Oman-Kazakhstan Pipeline Consortium

On 22 June Chevron Corporation signed a memorandum of understanding inMuscat affirming its interest in participating in the joint-venture consortiumto be known as the Caspian Area Pipeline Consortium (CAPC) which was set up lastweek by Oman and Kazakhstan for the construction and operation of a crude oilpipeline linking the land-locked Kazakhstan oilfields to an export terminaleither on the Black Sea,...