...

Kazakhstan may increase oil export to China (Exclusive)

Oil&Gas Materials 6 March 2018 15:48 (UTC +04:00)

Baku, Azerbaijan, Mar. 6

By Ali Mustafayev – Trend:

Kazakhstan may increase oil supplies to China, since the throughput capacity of the Atasu-Alashankou pipeline, connecting Kazakhstan to China, is currently not fully used, a source in the Kazakh Energy Ministry told Trend.

“The current throughput capacity of the Atasu-Alashankou oil pipeline is 20 million tons of oil per year. Ten million of this capacity is used for transit volumes of Rosneft, and about 2-3 million tons for the export of Kazakh oil to China,” Trend was told.

The source added that the need for further expansion of the pipeline will also depend on the size, terms of the guaranteed additional volumes of oil, tariff for oil transportation and a number of other factors.

The Atasu-Alashankou oil pipeline is designed to transport oil from West Kazakhstan, Aktyubinsk and Kumkol, to China as well as transit Russian oil regions.

The route of the pipeline, with the 965.1 km length, runs through the territory of Karaganda, East Kazakhstan and Almaty regions of Kazakhstan.

Another important component of the energy route between Kazakhstan and China is the Kenkiyak-Kumkol oil pipeline.

The throughput capacity of Kenkiyak-Kumkol oil pipeline amounted to 10 million tons of oil per year at the initial stage, with the possibility of subsequent expansion to 20 million tons per year.

The Kenkiyak-Kumkol is expected to attract 60 billion tenge ($187 million) of tax earnings to Kazakhstan in the period from 2010 to 2020.

Tags:
Latest

Latest