Middle East Economic Survey

VOL. L

No 8

19-Feb-2007

CASPIAN

KazMunaiGaz Signs Accord For KCTS Export Route With Key Kazakh Producers

Kazakhstans state-owned KazMunaiGaz on 24 January signed a memorandum of understanding (MOU) covering the creation of a Kazakhstan Caspian Transporation System (KCTS) with a number of key oil companies operating in the country, notably Chevron and the members of the Eni-led consortium developing the giant offshore Kashagan oilfield. The KTCS project entails the...