VOL. XL
No. 39
29-September-1997
FSU
Kazakstan And China Sign $9.5Bn Oil Agreement
Kazakstan and China signed on 24 September a $9.5bn deal that includes the developmentof the Uzen onshore oilfield and the construction of a 3,000-km. pipeline across thecountry to China. The agreement was witnessed by Kazak President Nursultan Nazarbayev andvisiting Chinese Prime Minister Li Peng. The deal calls for the joint exploration anddevelopment of the Uzen field, Kazakstan's second largest after the...
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