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Russia exported 2.88mn b/d (144mn t) through its pipeline system in 2001 (see table, right), an increase of almost 10pc on the previous year. The boost was fuelled by both domestic firms and a sharp rise in transit from the Caspian states.
Exports by Russian firms were up over 7pc at 2.56mn b/d. And total shipments by Caspian producers were up by a third. Kazakh exporters accounted for 272,000 b/d, although this was less than the 300,000 b/d pencilled in for shipment under an inter-governmental transit agreement for the year.
Kazakh industry insiders ascribe this to the start of shipments through the new Caspian Pipeline Consortium (CPC) line from …