are major investors, exports only a fraction of the field’s huge potential.

Russia severely restricts the amount of Tengiz oil it will allow in its pipeline system while an international consortium tries to work out the financing for a new line that would take Tengiz oil through Russia to international markets. But those negotiations are now in their seventh year with no end in sight. Routes outside Russia to non-Russian markets look more and more attractive, despite the high initial expense.


The Weekly Digest is a publication of the Jamestown Foundation.

If you would like information on subscribing, or have any comments, suggestions or questions, please contact us by e-mail at <>, by fax at 202-483-8337, or by postal mail at The Jamestown Foundation, 1528 18th Street NW, Washington, DC 20036.

Unauthorized reproduction or redistribution of the Weekly Digest is strictly prohibited by law.