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THE OPENING CEREMONY OF THE KTK PIPELINE COULD TAKE PLACE IN NOVOROSSIYSK IN SEPTEMBER 2

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14:21 07.08.2001
text: "Kazakhstan Today"
views: [132]

The opening ceremony of the KTK pipeline could take place in Novorossiysk in September 2, 2001. The informative in the oil circles of Kazakhstan source announced this news to the agency KZ-today. " It is very good day, which is celebrated as a professional holiday of oil industry workers as in Kazakhstan so in Russia",- underlined the informative source.

However, it is a great problem to set the opening ceremony of KTK at the end of August, because the great scientific conference concerning atomic energy, where the President of Kazakhstan is going to be presented at , is planning

in August 30-31.

The ceremony of KTK putting into operation was delayed from August 6 to uncertain date. In August 3 the KTK shareholders ratified the agreement about transportation , including the statement concerning the Bank of oil quality, at the meeting in Moscow.

The participant's share in the Caspian Pipeline Consortium (KTK) divided in the following way: Russia - 24%, Kazakhstan - 19%, Oman - 7%, Shevron Caspian Pipeline Consortium Company - 15%, LUKARKO - 12,5%, Rosoil-Shell Caspian Ventures Ltd.- 7,5%, Mobil Caspian Pipeline Company - 7,5%, Adgip International -2%, Overseers Holdings Ltd. -2%, Kazakhstan Pipeline Ventures LLC - 1,75%, Oriks Caspian Pipeline LLC - 1,7%.