Middle East Economic Survey

VOL. XLIX

No 15

10-April-2006

CASPIAN

Kazakh President Nazarbayev Says Agreement Reached On CPC Pipeline Expansion

Kazakh President Nursultan Nazarbayev said on 4 April during a joint press conference in Moscow with Russian President Vladimir Putin that Kazakhstan and Russia had agreed to expand the capacity of the Caspian Pipeline Consortium (CPC) pipeline to 67mn tons/year (1.34mn b/d) from its Phase 1 design capacity of 28mn t/y (560,000 b/d). He did not explain the...