Tag Archives: Kazakhstan

The first quarter of 2023 saw Kazakhstan ramp up oil exports bypassing Russia as the Central Asian country seeks to reduce its dependency on Moscow, data from industry sources and Refinitiv cited by Reuters showed. While Kazakh oil exports through the Caspian Sea and the Caucasus are relatively small, they …

Kazakhstan on Tuesday said it had begun international arbitration court proceedings against energy majors including ExxonMobil and Shell over $16.5 billion (15.2 billion euros) in costs deducted from the revenues from two oilfields. The government “has begun international arbitration against the Karachaganak and Kashagan (operating) companies,” Energy Minister Almasadam Satkaliev …

After almost a two-month delay, on February 23, Kazakhstani company KazTransOil finally began exporting oil to Germany, sending the first shipment of 20,000 tons of Kazakhstani oil. In enabling this supply, Kazakhstan reached an agreement with Russian energy company Transneft to use the Druzhba pipeline to export oil via Russia …

Kazakhstan plans to export 100,000 tons of oil to Germany in April, Trend reports via Anadolu. According to KazTransOil JSC, the national operator of Kazakhstan on the main oil pipeline, next month it’s planned to increase oil supplies to Germany. In accordance with the oil supply program approved by the …

The transportation of Kazakh oil through Azerbaijan will begin this year, Deputy Minister of Foreign Affairs of Kazakhstan Roman Vasilenko said at a briefing, Trend reports via Kazakh media. “The transportation of Kazakh oil through in the direction of Aktau – Baku will start in 2023,” he said. The deputy …

Astana is upbeat about boosting oil exports, despite caveats over how the war in Ukraine may impact markets and questions about its recently launched shipments to Europe. Kazakhstan plans to increase oil supplies via its main export pipeline to Russia by over a third by the end of next year, …

The system of main oil pipelines of the KazTransOil national company started receiving Kazakh oil for transportation to Germany on Feb. 23, said Shyngys Ilyasov, director of the public relations and internal communications department at KazTransOil, in a press statement. According to the oil supply schedule approved by the Kazakh …

Kazakhstan has secured approval from Russia to use its pipeline infrastructure to transport 300,000 tons of oil to buyers in Germany in the first quarter of this year, a state-run company announced on January 13. Kaztransoil, a state-owned oil transportation company, said in its statement that oil sourced from the …

Kazakhstan hopes to deliver up to 1.5 million tons of oil through the Baku-Tbilisi-Ceyhan pipeline in 2023 as part of growing efforts to find export routes bypassing Russia. Prime Minister Alikhan Smailov told reporters on November 10 that the government’s expectation is that annual shipments via the Baku-Tbilisi-Ceyhan pipeline will …

Iran and Kazakhstan agreed on a unified tariff rate and 5 million tons of freight transit. On the sidelines of the first ministerial meeting on transit cooperation in Tehran, Iran’s minister of Roads and Urban Development, Rostam Ghasemi, and Kazakhstan’s Minister of Industry and Infrastructural Development, Uskenbayev Kairbek Aitbayevich, met …