ID :
70132
Mon, 07/13/2009 - 16:42
Auther :

AZERBAIJAN, KAZAKHSTAN TO CREATE JOINT OIL FIRM

Baku, July 12 (AzerTAc). Azerbaijan`s State Oil Company, SOCAR, and Kazakh national oil and gas company, KazMunayGaz, have agreed to establish a joint firm to deal with a project to build the Trans-Caspian oil pipeline.
The project is estimated at 3 billion US dollars.
Last year the two companies signed an agreement on key principles on the project.

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