Azerbaijan, Kazakhstan set to create working groups to transport Kazakh oil and gas via Azerbaijan

08.12.2017 [11:39]
Print
A⁺ A^-

Baku, December 8, AZERTAC

Azerbaijan and Kazakhstan are setting up two working groups to ensure transportation of Kazakh oil and gas to world markets via Azerbaijan, Minister of Energy of Kazakhstan, co-chairman of the Azerbaijan-Kazakhstan intergovernmental commission on economic cooperation Kanat Bozumbayev has told journalists in Baku following the 14th session of the intergovernmental commission, AZERTAC reports.

"The volumes of Kazakh gas production will increase and Azerbaijan is considered as an export route. As one of the options, we are considering the construction of an LNG plant in the west of Kazakhstan, with the subsequent transportation of goods through Azerbaijan to the world markets," Bozumbayev said.

The minister pointed out that Kazakhstan and Azerbaijan agreed to establish an ad-hoc working group, which will study the viability of the project.

Bozumbayev said that the second working group will study the competitiveness of transportation of Kazakh oil through Azerbaijan.

ECONOMY

Azerbaijan, Kazakhstan set to create working groups to transport Kazakh oil and gas via Azerbaijan

FEEDBACK

Other news in this section