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Uzbekistan ready to buy Kazakh oil

Oil&Gas Materials 20 February 2019 15:55 (UTC +04:00)

Baku, Azerbaijan, Feb. 20

By Fakhri Vakilov – Trend:

Uzbekistan is interested in purchasing 5 million tons of oil annually from Kazakhstan and Russia, Trend reports via the Kazakh media.

“Uzbekistan is interested in purchasing up to 5 million tons of oil per year, including up to 2 million tons from Kazakhstan and up to 3 million tons from Russia,” said Kazakh Energy Minister Kanat Bozumbayev at a plenary session of Parliament on Wednesday in Astana.

Moreover, he added that only Kazakhstan’s delivering the whole amount of 5 million tons is not ruled out.

“Russia is considering supplying up to 1 million tons of oil per year to Uzbekistan,” the minister informed. “Kazakhstan in this context is considered a transit side. Trial transits of oil through Kazakhstan were carried out: 68,000 tons in 2017 and about 36,000 tons in 2018.”

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