KAZAKHSTAN will require another pipeline to export its oil after 2011, Kazakh energy and mineral resource minister Vladimir Shkolnik said in Almaty. He said that in addition to already existing capacity, and taking the Baku-Tbilisi-Ceyhan pipeline into consideration, “nevertheless another route with a capacity of about 15-20 million tonnes per year will be needed.
What we have now, given the expansion of the Caspian Pipeline Consortium, will be sufficient until 2011," he said.
Mr Shkolnik did not say what route this pipeline would take, and said that this still has to be chosen. The minister also reiterated the Republic's plans to significantly increase oil production in coming years: hydrocarbon production in Kazakhstan in 2005 will amount to 1.3 million brl/d, and is planned to increase to 1.8 million brl/d by 2010, and to 3 million brl/d (150 million tons/yr) by 2015.
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