Negotiations on Kazakhstani participation in BTC to take place in May
Published:
11 May 2004 y., Tuesday
The next round of negotiations between the Azerbaijani and Kazakhstani working groups on issues of Kazakhstani participation in the BTC (Baku-Tbilisi-Ceyhan) oil pipeline construction project will take place in the end of May. Natiq Aliyev, president of the SOCAR, has made this statement in his conversation with journalists, KZ-today correspondent reports from Baku.
The main target of the negotiations is to prepare a draft intergovernmental agreement between Azerbaijan and Kazakhstan on the transportation of Kazakhstani oil via Baku-Tbilisi-Ceyhan pipeline.
As soon as an agreement on this draft is reached on the level of working groups headed by Kairgeldy Kabyldin, managing director of "KazMunaiGas" NC" CJSC, (RK) and Natiq Aliyev, president of the SOCAR, the document will be submitted to the governments of the two countries for consideration. When this agreement is inked, transit agreements will be signed between the investors of Aktau-Baku system and governments of Azerbaijan and Kazakhstan as well.
The head of the state oil company has observed that lawyers have already completed their work on the draft intergovernmental agreement. He says that in late May representatives of the two countries on the top level will meet to take a final decision on the main issues, on which the lawyers will have either agreed or disagreed so that the document would then be presented for consideration to the governments of the two countries.
Šaltinis:
gazeta.kz
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Parliament's proposal for its own operational budget for 2011 includes the financing of measures in preparation for enlargement with Croatia.
more »
Links between business and the academic world need to be strengthened but higher education institutions must retain their autonomy and public support, says a resolution adopted on Thursday by the European Parliament.
more »
The Spanish Minister of Economy and Finance, Elena Salgado, will present the additional fiscal tightening measures set out by the Spanish Government to her eurozone (Eurogroup) counterparts on Monday; the measures were required by Spain’s European partners as a condition of approving the plan to bolster the euro on 9 May.
more »
The European Commission has opened an in-depth investigation under EU State aid rules into capital injections destined to two subsidiaries of state owned company Elan Skupina in Slovenia.
more »
GDP growth in the EU expected to gradually pick up, though recovery less robust than past upturns.
more »
The EESC tabled its opinion on the regulation of alternative investment funds, such as hedge funds and private funds. Although endorsing the much debated proposal of the European Commission, the EESC calls for uniform risk data provision for all such funds and emphasizes their responsibility in triggering the crisis.
more »
Concluding the process and deciding on the schedule for releasing the funds agreed on for Greece, as well as examining and learning lessons from the crisis for the governance of the eurozone, will be the focus of the discussions of the heads of state and government at the meeting in Brussels this Friday.
more »
The EU pavilion at the world expo in Shanghai marks the first time the EU has presented itself to a large Chinese audience.
more »
Shanghai's World Expo offers visitors plenty of fun offering bizarre things to do at over 200 pavillions competing for attention.
more »
The European Investment Bank (EIB) is providing a loan of EUR 150 million to MVM Zrt. for the capacity increase and the extension of a high-voltage transmission network, partly constituting priority axes of the Trans-European Energy Network (TEN-E) in Hungary.
more »