Kazakhstan, Belarus to discuss oil exports

Oil&Gas Materials 15 January 2020 11:59 (UTC +04:00)
Belarus has submitted a proposal to establish oil import from Kazakhstan to the country’s ministry of energy
Kazakhstan, Belarus to discuss oil exports

BAKU, Azerbaijan, Jan.15

By Nargiz Sadikhova - Trend:

Belarus has submitted a proposal to establish oil import from Kazakhstan, Kazakhstan’s Minister of Energy Nurlan Nogayev said, Trend reports with reference to Kazakh media.

According to Nogayev, representatives of The Belarusian State Concern for Oil and Chemistry (Belneftekhim Concern) are planning to visit Kazakhstan to discuss the topic of import.

“Kazakhstan currently imports oil via diversified routes and we are ready to consider the proposal of the Belarusian party,” Nogayev said.

The minister noted that the import will be possible if there are economic benefits for Kazakhstan.

“We will host a number of meeting with resource holders if any of them will be interested in the agreement. I think that the agreement is very possible. Representatives are planning to visit before Jan. 20,” the minister said.

According to Kazakhstan’s then Minister of Energy Kanat Bozumbayev, during Lukashenko’s visit to Kazakhstan, parties signed a preliminary agreement on export of Kazakhstan’s oil and petroleum products to Belarus and on overall cooperation in the area.

He added that Kazakhstan is planning on exporting from 1 to 3.5 million tons of oil and petroleum products a year to Belarus.

As noted by Kazakhstan’s Vice Minister of Energy Asset Magauov earlier this year, Kazakhstan is counting on signing the agreement on oil export to Belarus in the beginning of 2020.


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