Kazakhstan: Astana wants Controlling Stake in Baku-Ceyhan Related Project
12.03.2009
Kazakhstan is insisting on a controlling stake in a venture designed to funnel oil into the Baku-Tbilisi-Ceyhan pipeline, according to the country’s minister of energy, Sauat Mynbayev.
The proposed Kazakh Caspian Transportation System (KCTS) has had trouble getting export operations started due to a dispute over ownership structure.
Kazakhstani authorities...