Kazakhstan Caspian pipe delayed indefinitely despite Kashagan restart

FILE PICTURE

The Kashagan oilfield in Kazakhstan’s section of the Caspian Sea.

CPC is ready to accept over 50 million tonnes of oil a year, including Kashagan oil.


ASTANA - The rapidly approaching date of the re-start of production at Kashagan on October 23 automatically reanimates the question of the need for construction of another major project, namely, the Kazakhstan Caspian Transport System (KCTS).

KSTC, otherwise known as the TransCaspian System, had been created specifically with Kashagan oil in mind. The system was supposed to consist of oil unloading terminals on Kazakhstan’s coast of the Caspian Sea, tankers, vessels, oil loading terminals on ...


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