BAKU, Azerbaijan, September 5. KazMunayGas (KMG) State-owned Oil and Gas Company of Kazakhstan continues negotiations with SOCAR State Oil Company of Azerbaijan on the implementations of oil transportation options, Trend reports via Kazakh media.
"As part of the further diversification of Kazakh oil transport routes and development of the Trans-Caspian International Transport Route, the Ministry of Energy of Kazakhstan and KMG started negotiations with Azerbaijan on the transportation of Kazakh oil through the territory of Azerbaijan," Ministry of Energy noted.
KazMunayGas currently is continuing discussions with Kazakh oil companies on various options for oil transportation.