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Additional infrastructure required to meet growing production volumes in Caspian region

Oil&Gas Materials 18 April 2011 19:35 (UTC +04:00)
Additional trunk pipelines with further increase in their capacities by at least 80 million tons should be laid by 2025 to address the shortage in the Caspian regional oil transport infrastructure, Deputy Industry and Energy Minister Gulmammad Javadov said during the V Oil and Gas Trading and Transportation Conference today.
Additional infrastructure required to meet growing production volumes in Caspian region

Azerbaijan, Baku, April 18 / Trend E.Ismayilov /

Additional trunk pipelines with further increase in their capacities by at least 80 million tons should be laid by 2025 to address the shortage in the Caspian regional oil transport infrastructure, Deputy Industry and Energy Minister Gulmammad Javadov said during the V Oil and Gas Trading and Transportation Conference today.

The Caspian region's oil production will increase by 100 million tons in 2015 and 150 million tons in 2025. The region will observe a lack of free transportation capacity to deliver oil to the world market in 2013.

Accordingly, new pipelines should be constructed for these volumes, port capacity of Kazakhstan, Azerbaijan and Georgia must be expanded, rail links between Azerbaijan and Georgia must be improved, tank facilities at the terminals must be expanded and Brody-Adamova Zastava and Plotsk-Gdansk pipelines should be laid, Javadov said.

Azerbaijan is interested in the creation of an East-West energy transport corridor, development of the infrastructure and diversification of energy supply routes to ensure a stable and reliable transportation of hydrocarbons, he said.

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