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Nursultan Nazarbaev (file photo) (RFE/RL)
March 6, 2007 -- President Nursultan Nazarbaev says Kazakhstan is considering building an oil refinery at a Black Sea port in Georgia.
Nazarbaev made the remarks after talks with Georgian President Mikheil Saakashvili in Astana today.
He said the state-owned company KazMunayGaz was considering building the refinery at the Black Sea port of Batumi. He said the project would cost up to $1 billion.
"KazMunayGaz is buying a majority stake in the Batumi port now, and we talked about that too," Nazarbaev said. "If this happens, they are looking into building a terminal and an oil refinery there."
(Interfax, Kazinform, ITAR-TASS)
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