Kazakhstan approves participation in Russian-led gas pipeline
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  • Kazakh President Nursultan Nazarbayev signed into law on May 13 the country's gas pipeline agreement with Russia and Turkmenistan. The agreement, signed by Kazakhstan, Russia and Turkmenistan in December 2007, envisages the construction of a new trans-Caspian gas pipeline expected to transport up to 10 billion cubic meters of Turkmen gas a year.

    Reports noted that Kazakhstan's approval of the agreement could divert potential supplies away from the EU-backed Nabucco project. During a summit in Prague in the previous week, officials from Kazakhstan, Turkmenistan and Uzbekistan did not come to an agreement on a final declaration to accelerate work on the Nabucco project, which seeks to bring Caspian gas to Europe1.

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