Kazakh Foreign Minister Toqaev (file photo) (AFP)
June 6, 2006 -- Kazakh Foreign Minister Qasymzhomart Toqaev met today met with his Iranian counterpart Manuchehr Mottaki and President Mahmud Ahmadinejad in Tehran.
Toqaev indicated that his government would consider increasing supplies of Kazakh oil to northern Iran.
During his two-day visit, Toqaev is also expected to hold talks with the secretary of Iran's Supreme National Security Council, Ali Larijani.
Central Asia Gas Pipelines
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Russia's rising appetite for Central Asian gas is a direct result of the shifting fortunes of Gazprom, the state-run Russian company that controls lucrative exports. The company's total gas production has flatlined at around 550 billion cubic meters (bcm) a year. With major fields yielding less as they age, Gazprom has chosen to maintain its all-important gas balance by purchasing gas on the side -- from independent producers in Russia and from Russia's Central Asian neighbors -- instead of investing in the lengthy and costly development of untapped Arctic fields...(more)