Kazakhstan President Nursultan Nazarbayev said yesterday, that the country?s oil companies would pump large amounts of its crude through a $4 billion U.S.-backed pipeline.
The Baku-Tbilisi-Ceyhan pipeline is expected to go into full operation six months from now and become a major competitor to traditional export routes for Caspian oil that pass through Russia.
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Kazakhstan To Build Pipeline Through Russia
Kazakhstan President Nursultan Nazarbayev said yesterday, that the country's oil companies would pump large amounts