Analysts expect China’s role in Kazakh oil transit to grow further
Photo: KazTransOil
China has become a key player in Kazakhstan’s oil and gas sector over the past two decades, particularly in oil transit, according to a recent outlook by Teniz Capital Investment Banking. Chinese investments, primarily through state-owned CNPC, have been central to building the Kazakhstan-China oil pipeline - the first route for Kazakh oil exports independent of Russia.
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