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Kazakhstan-China oil pipeline presentation

Representatives of the Kazakh oil and gas company KazMunaiGaz and China's National Petroleum Corporation made a presentation on the new Kazakhstan-China oil pipeline project to the Energy Charter's Trade & Transit Group in May 2006.

Construction of stage one of this project, which is China's first international pipeline project, was completed in 2005. A second stage, which would link the pipeline to Kazakhstan's Caspian reserves, is scheduled for completion in 2008. The project allows Kazakhstan an alternative export route for its energy resources and improved access to the growing Chinese market; it also supports the Chinese priority to diversify sources of oil supply.

The presentation was part of an initiative from the Group to promote transparency on new infrastructure projects across the Energy Charter constituency.