Azerbaijan to refine Kazakh, Turkmen oil

Talks with Turkmen and Kazakh governments have been underway for a month on refining the low-quality oil from these countries by the "AzerNeftYag" refinery, says general director Ramiz Mirzayev.

According to him, the parties have reached initial agreement. Without spelling out the volume of oil to be refined, Mr. Mirzayev said it would be enough to keep the enterprise working. Oil refining is expected to commence next year.*