Article: New Kazakhstan Pipeline Fuels Central Asia Political Tensions.

Sunday Business, London Knight Ridder/Tribune Business News

Sep. 2--ALMA-ATA, Kazakhstan--The first major pipeline out of the Caspian Sea region is due to go online this month, fuelling rising political tension in the area about the carve-up of the region's precious oil assets.

The pipeline, controlled by the Caspian Pipeline Consortium (CPC), which counts leading US oil company Chevron among its investors, will not only bring much-needed cash to the region's former Soviet republics, but also boost Russia's hand in its battle against America to exert influence in the area.

The Caspian is the birthplace of the oil industry, home to proven ...

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