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Kazakhstan sees BTC exports as alternative to Russian route

12 December 2007 17:24 (UTC+04:00)
Kazakhstan sees BTC exports as alternative to Russian route

Kazakh President Nursultan Nazarbayev has said the Central Asian state was interested in transporting its hydrocarbons through the Baku-Tbilisi-Ceyhan (BTC) main export pipeline pumping Caspian oil to world markets.
While making it clear that his country relied on exports through Russian territory, he said BTC exports were also an option and that the BTC project "would be effective only if it [the pipeline] receives Kazakh oil".
"We are pursuing a multi-vector policy," Nazarbayev told a news conference. "The Russian route is important for us today, and if the Russian side provides us with great opportunities for the exports of our energy resources to world markets through its territory, we will do that. But if there are no other alternatives, we will go through the Caspian Sea [via the Aktau-Baku-Tbilisi-Ceyhan route] to sell our oil in international markets…There is no policy involved here, only economic interests."


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