Middle East Economic Survey

VOL. LIII

No 20

17-May-2010

CASPIAN

Japanese Firms In Talks For Participation in $4bn KCTS Initiative

Japans Inpex Corporation and Marubeni Corporation have started talks with Kazakhstans state-owned oil and gas company KazMunaiGaz regarding participation in the construction of the proposed Kazakh Caspian Transport System (KCTS), according to media reports. KCTS is based around an oil pipeline to be built between Eskene in northwestern Kazakhstan and the Caspian port of...