VOL. XLIV

No 37

10-September-2001

CASPIAN

Hurricane Hydrocarbons BuysAccess To CPC Pipeline

CanadasHurricane Hydrocarbons, which owns 91% of Kazakstans Shymkent refinery andoperates the Kumkol oilfield, announced on 30 August that it had signed a Headsof Agreement with Amoco Production Company, a subsidiary of BP, relating to theacquisition of an interest in the Caspian Pipeline Consortium (CPC) pipelinefor $100mn. Upon completion of the acquisition, Hurricane will become a 49.9%joint venture...