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The contract between the Azerbaijan Republic and the Republic of Kazakhstan on assistance and support of oil transportation from the Republic of Kazakhstan through the Caspian Sea and the territory of the Azerbaijan Republic on the international markets by means of system of Baku-Tbilisi-Ceyhan

of June 16, 2006

The Azerbaijan Republic and the Republic of Kazakhstan which are hereinafter referred to as by the Parties, wishing to promote creation of the transcaspian system for oil transportation from petrodrain/bulk terminals on the Kazakhstan coast of the Caspian Sea to system of the Baku-Tbilisi-Ceyhan (BTC) via petrodrain/bulk terminals on the Azerbaijani coast of the Caspian Sea for the purpose of further transportation on the international markets through the territory of the Azerbaijan Republic;

in view of that the purpose of the transcaspian system is oil transportation on the international markets and that the BTD system is the main route through the territory of the Azerbaijan Republic for oil export got in the Republic of Kazakhstan on the international markets;

considering that the BTD system and the transcaspian system, representing two separate systems, together constitute single energy transport corridor and promote creation of conditions for oil transportation from the Republic of Kazakhstan on the international markets;

in view of that provisions of the Contract between the Azerbaijan Republic and the Republic of Kazakhstan on assistance and support of oil transportation from the Republic of Kazakhstan through the Caspian Sea and the territory of the Azerbaijan Republic on the international markets by means of system of Baku-Tbilisi-Ceyhan (dalee-Dogovor) do not affect situation of the Agreement between the Azerbaijan Republic, Georgia and the Republic of Turkey on transportation of crude oil through the territories of the Azerbaijan Republic, Georgia and the Republic of Turkey on the main export pipeline of Baku-Tbilisi-Ceyhan of November 18, 1999;

expressing aspiration to that the single energy transport corridor for transportation of energy carriers on continuous basis conformed to international standards in the oil industry;

recognizing provisions of the Ankara declaration of October 29, 1998 and the Istanbul declaration of November 18, 1999; agreed as follows:

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