TODAY.AZ / Business

Kazakhstan interested in South Caucasus pipeline

01 December 2006 [12:55] - TODAY.AZ
General Director of KazTransGaz, Serik Sultangaliev, says that Kazakhstan is interested in joining the South Caucasus natural gas pipeline (also known as the Baku-Tbilisi-Erzurum or Shah Deniz pipeline).

According to him, the geographic location of Kazakhstan makes it difficult to export Kazakh natural gas to the European market.

Russia is the major natural gas exporter to the European market, therefore it is clear to Kazakhstan that it is very difficult to develop its natural gas sector without cooperation with Russia.

At the same time, Sultangaliev points out that Kazakhstan is also seeking alternative ways to export gas, and it is no secret that the country is interested in the proposed Trans-Caspian pipeline that is discussed in the frames of the South Caucasus pipeline project. Kazakhstan might join the South Caucasus pipeline if a pipeline can be built to join Aktau to Baku under the Caspian Sea.

"The project is approved not only by those countries that are involved in it [Turkmenistan, Kazakhstan, Azerbaijan, Georgia and Turkey] but by the EU and the US as well," the newspaper Rezonansi reports Sultangaliev as saying. The Messenger

URL: http://www.today.az/news/business/33392.html

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