Hurricane Hydrocarbons has said that it will ask the operators of Kazakhstan's biggest oil pipeline to transport its oil after the country's government-owned oil company last week killed its bid to buy a stake in the line.
Hurricane, a Calgary based company that produces and refines oil in Kazakhstan, had planned to buy a stake in the Caspian Pipeline Consortium from BP for $100 million that would give it the right to ship 64,000 barrels a day on the line. Hurricane must now find alternative ways to ship its oil.
“The intent is to contact the management of CPC very shortly and explore with them the conditions under which we could be a third-party shipper,” Bernard Isautier, Hurricane's chief executive officer, said in an interview.
The company has not yet made an application to ship on the CPC line, which is operated by ChevronTexaco Corp., Isautier said. A deadline for Hurricane to buy BP's stake in the line expired Friday after Khazakhstan's state oil company, one of CPC's partners, did not approve the transaction.
In recent years, genetics has become a cutting-edge science, not only in the professional field of biology, but also because of the enormous social reach of its discoveries and approaches. Not in vain, practically every day the press offers us the discovery of a new gene, a new hereditary determinant directly involved in the manifestation of diseases or physical characteristics.
On December 14, President Putin holds his annual Q&A session with Russian and foreign journalists. This conference is considered to be the beginning of his presidential campaign