Middle East Economic Survey

VOL. XLVIII

No 45

7-November-2005

CASPIAN

Kazakhstan And Lukoil Plan Study For Caspian Petrochemical Plant

Kazakhstans state-owned oil and gas company KazMunaiGaz and Russias Lukoil are to prepare a feasibility study focusing on the construction of a jointly-owned $3.8bn petrochemical plant in the north Caspian region, using natural gas supplied from offshore fields as feedstock. Speaking in Moscow on 27 October after a meeting with Lukoil President Vagit Alekperov,...