VOL. XLV

No 24

17-June-2002

CASPIAN

Russia To Transport 350,000 B/D Of Kazak Crude Yearly

Russia and Kazakstan on 7 June signed a15-year agreement providing for the transport of not less than 350,000 b/d(17.5mn tons/year) of Kazak crude through Russia. At a joint press conference attended by Russian PresidentVladimir Putin and Kazak President Nursultan Nazarbayev, President Putin said the agreement fully corresponds to theinterests of both Kazakstan and Russia. Kazakstan gets transit guarantees...