Consortium (CPC) said they have agreed to double the pipeline’s capacity increasing from 33 million tonnes per year to 67 million tonnes. Last week, Russia’s Energy Ministry and Kazakhstan’s Energy and Mineral Resources Ministry signed a memorandum of understanding (MOU) approving the expansion. CPC said BP remains the only member which has not yet…
CASPIAN: CPC shareholders agree to double pipeline capacity to 67 million tonnes per year
Posted on December 22, 2008 by EnergyAsia