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Kazakhstan increases crude oil delivery to Germany

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Kazakhstan increases crude oil delivery to Germany

Kazakh oil is delivered via the Druzhba pipeline through Russia

Astana

Kazakh company KazMunayGas JSC and German company Rosneft Deutschland signed an agreement on the supply of crude oil to the PCK Raffinerie refinery in Schwedt, Ritmeurasia.org reports.

“Today we signed a contract for the supply of oil in the amount of 100000 tons per month until the end of this year. On behalf of KazMunayGas, I would like to express the interest of the Kazakh side in continuing and increasing oil supplies to Germany and thank our partners for fruitful cooperation on this issue,” said Magzum Mirzagaliyev, Chairman of the Board of JSC NC KazMunayGas during the signing of the document.

Deliveries will be made from the resources of the Karachaganak field. Their volume this year will be at least 890 thousand tons. At the same time, the German side is interested in increasing the volume of deliveries of Kazakh oil from the resources of other Kazakh oil companies.

Kazakh oil is delivered via the Druzhba pipeline through Russia.

Earlier it was announced that Kazakhstan agreed on the transit of Kazakh oil through Druzhba in the amount of 1.2 million tons for 2023. In February-May, deliveries to Germany amounted to 190 thousand tons of oil, the plan for June is 100 thousand tons.

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Courtesy: Central Asian Light (Posted on June 21, 2023)

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