ASIA

Kazakhstan prefers Persian Gulf exports to US or China

The President of Kazakhstan, Nursultan Nazarbayev, has declared his country would rather opt for constructing a pipeline to the Persian Gulf via Iran instead of going for the US-backed or China-backed pipeline projects.

In an interview with The Financial Times Nazarbayev said, “Kazakhstan would like to construct a pipeline through Iran to the Persian Gulf as the main outlet for its natural resources. A southern route for [our] oil reserves [is] the most attractive both for [Kazakhstan] and for U.S. companies that operated [here].”

“It would be better than Baku-Ceyhan, better than China, better than Russia. It would be the best exit for us,” added Nazarbayev, who admitted such a pipeline would not be possible due to the political tensions between the US and Iran.

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