Bank Of Baku

Oil transportation via Kazakhstan-Azerbaijan-Georgia energy corridor to be doubled

Oil transportation via Kazakhstan-Azerbaijan-Georgia energy corridor to be doubled
# 01 September 2010 15:00 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Oil transportation via Kazakhstan-Azerbaijan-Georgia energy corridor will be doubled, SOCAR president Rovnag Abdullayev told APA.

According to him this problem was discussed in the meeting of delegation of Azerbaijan, Georgia and Kazakhstan in Tbilisi. “Kazakhstan intends to extend and change this energy corridor to main in the future. The oil transportation via this corridor will be doubled to 2 mln tons while it is 10 mln tons, now.”

He also noted that Azerbaijan would improve the railway in the country and $1 bln would be invested in development of railway in the future.
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