Oiling the Silk Road…

Kazakh national energy company KazMunaiGas announced that it – along with China National Petroleum Corporation – have agreed to build a natural gas pipeline linking Beijing to natural gas reserves in the Caspian Sea. The companies will use a 50-50 operator to construct and maintain the pipeline, which will be built in two phases in 2008-2009. The first stage will connect Kazakhstan’s Uzbek border to China, and the second will connect Kazakh natural gas to the trunk pipeline.

This entry was posted on Thursday, November 8th, 2007 at 5:01 pm and is filed under China, China National Petroleum Corporation, Kazakhstan, KazMunaiGas.  You can follow any responses to this entry through the RSS 2.0 feed.  Both comments and pings are currently closed. 

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Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.