Caspian Pipeline Consortium Discussed Aspects of Expansion Project
OREANDA-NEWS. October 02, 2009. CPC-R Board of Directors meeting as well as CPC-K Extraordinary General Shareholders’ meeting were held in Almaty, reported the press-centre of CPC.
The meetings’ participants have discussed organizational, technical, legal and financial aspects of the CPC Expansion Project. In particular, they have determined in what directions the efforts of CPC and Shareholders should be intensified with the view to have the Expansion Project sanctioned by the end of this year. The external power supply scheme for the expanded CPC system was approved.
The Shareholder representatives have also reviewed various aspects of ongoing financial and business performance of the Company and adopted relevant resolutions.
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