Royal Dutch Shell Plc  .com Rotating Header Image

Russia Increases Its Stake in Pipeline

Friday, November 7, 2008 
The Russian government increased its share of a strategically important pipeline that ships Central Asian oil to Western markets, buying out Oman’s 7 percent holding in the Caspian Pipeline Consortium after a dispute over tariffs and plans to expand the route’s capacity.

Besides Russia and the government of Kazakhstan, other partners in the pipeline include ChevronBPExxon Mobil, Shell and the Russian companies Rosneft and Lukoil. It was built to ship oil from the Tengiz field to the Black Sea.

This website and sisters,,,, and, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.