Page added on July 1, 2009
China secured access to vast oil deposits in western Kazakhstan on Wednesday after the energy-rich Central Asian nation said it had completed the expansion of a major oil pipeline to its eastern neighbour.
A Kazakh company in charge of the project said the first test shipment of oil had been successfully completed through the newly built Kenkiyak-Kumkol pipeline.
‘The implementation of this project will have tremendous influence on the whole oil and gas industry, providing new opportunities for oil exports,’ KazStroyService said in a statement.
Forbes
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