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Kazakh Oil, Gas Supplies to Europe Discussed during Minister Traikov's Meetings in Astana

Oil&Gas Materials 4 October 2011 18:31 (UTC +04:00)

Kazakhstan is keeping an eye on the opportunities for increasing the supply and transit of Kazakh oil to/via Bulgaria and the European Union, Kairgeldy Kabyldin, President of Kazakhstan's oil and gas company KazMunayGas, said on Tuesday, Bulgarian News agency reported.

He met with Bulgarian Economy, Energy and Tourism Minister Traicho Traikov during the latter's official visit to Astana, Traikov's Ministry reported. KazMunayGas is present on the Bulgarian market through the Rompetrol network of filling stations which sell fuel from the company's refineries in Romania.

Traikov and Kabyldin discussed possibilities for Europe to have wider access to Kazakh oil and gas. Seventy per cent of the Central Asian country's oil exports go to Europe.

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