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Kazakhstan weighs use of Baku-Supsa oil pipeline with Azerbaijan

Oil&Gas Materials 17 January 2024 13:48 (UTC +04:00)
Lada Yevgrashina
Lada Yevgrashina
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BAKU, Azerbaijan, January 17. Azerbaijan can provide the Baku-Supsa oil pipeline, which has been standing idle since the spring of 2022, for the transportation of oil from Kazakhstan in 2024, an informed source told Trend.

On January 16, the Kazakh Energy Ministry announced that it expects to transport up to three million tons of oil per year and is in negotiations with Azerbaijan.

"The potential of carrying Kazakh oil through the Baku-Supsa pipeline in volumes of up to three million tons per year is being discussed with the Azerbaijani side," the Ministry of Energy responded to media inquiries in Kazakhstan.

The source explained that everything will depend on commercial agreements.

"If we agree on commercial terms, the transportation can take place in the current year," the source noted.

In 2023, Kazakhstan transported 1.39 million tons of oil through Baku, and all this oil went through the Baku-Tbilisi-Ceyhan (BTC) oil pipeline.

Back in 2022, Azerbaijan offered Kazakhstan the use of the Baku-Supsa pipeline and could allocate a share of up to 1.5 million tons in the BTC pipeline to maintain the structure regarding the BTC Blend.

Due to the instability in the situation in the Black Sea following the armed conflict in Ukraine, Kazakhstan showed no interest in the Baku-Supsa route in 2022–23. However, it's currently included in its area of interest.

The capacity of Baku-Supsa is 5-6 million tons of oil per year.

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