RUSSIAN PROPOSAL TO KAZAKHSTAN EXPLOITS PIPELINE MONOPOLY.

Publication: Monitor Volume: 1 Issue: 152

Russia’s fuel and energy minister Yuri Shafrannik has proposed to Kazakhstan that an annual quota of 5 million tons of its crude oil be processed in refineries in Chechnya in order to help reactivate those idled refineries. Shafrannik suggested that Kazakhstan would in that case be permitted to export correspondingly more oil to international markets through Russia’s territory and pipelines. (17)

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