VOL. XXXV

NO. 44

3-AUGUST-1992

Oman

Russia Joins Caspian Pipeline Consortium

The Russian Federation has agreed to join, as a founding member, the CaspianPipeline Consortium Ltd. (CPCL), which plans to construct and operate a crudeoil pipeline linking the land-locked Kazakhstan oilfields to an export terminaleither on the Black Sea, the Mediterranean or the Gulf. The consortium was setup by Oman and Kazakhstan in June, and early last month, Azerbaijan decided tojoin the joint venture (MEES, 22 and...