Middle East Economic Survey

VOL. LIII

No 23

7-Jun-2010

CASPIAN

KMG Sees KCTS As Main Export Route For Kashagan Crude

Kairgeldy Kabyldin, CEO of Kazakh state-owned oil and gas company KazMunaiGaz (KMG), told the Caspian Oil and Gas Conference in Baku on 2 June that the Kazakhstan Caspian Transportation System (KCTS), intended to export up to 600,000 b/d of oil by 2016-17, will be the main export route for the Kashagan offshore field. The KCTS system is intended to deliver Kazakh oil to Baku for...