Russia offers pipelines for Caspian oil and gas

Russia is ready to contribute to the development of the Caspian Sea states’ energy sector, as oil and gas exports from the region are expected to increase by two and a half to three times by 2015, a Russian official told a forum in Geneva today.

Igor Yusufov, the Russian president’s special envoy for international energy cooperation, said Caspian Sea countries had exported 60 million metric tons of oil and about 57 billion cubic meters of natural gas in 2004.

RIAN