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7/28/06

Eurasia Daily: KAZAKHSTAN EYES LATVIA AS GATEWAY TO EUROPEAN OIL MARKETS - by Marat Yermukanov

For the complete report go to the Eurasia Daily Monitor or click on this link

KAZAKHSTAN EYES LATVIA AS GATEWAY TO EUROPEAN OIL MARKETS - by Marat Yermukanov

When Kazakh President Nursultan Nazarbayev visited Riga on July 18, the overriding topic of discussion was how best to send Kazakh oil to energy-hungry markets in Europe and Scandinavian via Latvia. Nazarbayev did his best to give the impression of a pragmatic leader unburdened by the political strains caused by the long-standing disputes between his closest ally -- Moscow -- and West European powers over energy issues. His time in Riga provided an impressive display of his multi-vector approach to interstate relations. Answering questions from Latvian journalists, Nazarbayev stressed that Kazakhstan has no intention of constructing a transportation route to deliver its hydrocarbons to Europe that would bypass Russia, and he noted that his country is quite satisfied with the present level of cooperation with Moscow, regarding the use of Russian pipelines for oil shipments. At the same time, he added, “We will look for other possibilities if these [Russian] routes do not satisfy us”

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