Middle East Economic Survey


No 23



CPC Capacity Expansion Decision Due In Mid-2010

Vladimir Razdukhov, Managing Director of the Caspian Pipeline Consortium (CPC), told reporters on 28 May that the initial timetable for more than doubling of CPC oil pipeline throughput capacity to 67mn tons/year will be delayed by six months. I hope that the final decision will come in the middle of the next year, Mr Razdukov said. According to the initial timetable, capacity would be...