Kazakhstan aims to radically change oil export strategy - expert

Kazakhstan aims to radically change oil export strategy - expert

Baku, Azerbaijan, Oct. 2

By Elena Kosolapova - Trend:

The government and business circles of Kazakhstan intend to radically change a hydrocarbon export strategy, Murat Abulgazin, Kazakh political analyst, said in an interview with Trend.

Abulgazin said that the recent statement made by Kairgeldy Kabyldin, the head of the Kazakh state oil transportation KazTransOil company, testifies to this.

In his statement, Kabyldin stressed the interest in transportation of Kazakh hydrocarbons and transit of Russian oil and gas to India.

"Earlier, we all focused on Europe, the Baltic and the Black Seas," Kabyldin has recently said at the tenth International Energy Forum "Kazenergy" in Astana. "But at present, the flows are reoriented to the east."

Abulgazin believes that the safety issues in the countries south of Kazakhstan, which are often called as the main obstacle to the implementation of transport and energy projects in the region, despite the acuity, can be solved politically and via the economic interests of the countries, local population and groups.

Moreover, the expert said that gas can be exported to South Asia not only via Afghanistan, but also through China to Pakistan and then to India, or directly to India.

"Moreover, such South Asian communications are considered by China, Russia, Pakistan and Iran," he said.
Emin

Abulgazin said KazTransOil's head made his statement in a timely manner and with good reason in view of the developments in the world economy and politics.

"The whole situation on the world hydrocarbons market demands new and unordinary steps to maintain domestic oil and gas industry, which is a major segment of Kazakhstan's economy," he said.

More importantly, the expert added, steps are needed to create conditions for the oil and gas industry's development perspectives, adding that the opening of a new direction for export of hydrocarbons to India can become such a step.

Abulgazin said such plans may involve primarily the use of Kazakhstan's transit potential by Russian companies, which have more export opportunities and long-standing plans to enter South Asia through the Altai and Central Asia, as well as using the existing infrastructure.

Nevertheless, if additional volumes of hydrocarbons emerge in Kazakhstan over time, the issue related to their sale will be prejudged, according to the expert.

The plans announced by Kabyldin have not only economic and commercial, but also political reasons, since the increasing contradictions between Russia and the West under the leadership of the US proved the commonly known danger of orientation of economy to one consumption or supply market.

Abulgazin noted that for the present, no one is going to refuse from Europe's large market, but the situation with Russia gave grounds to politicians, governments and business circles from the post-Soviet countries to think about this.

"In recent years, European and the US political and government structures showed the essence and unreliability of the policy of democratization and market reforms in other countries which in fact reflects the desire to subjugate the policy, economy and morale of other states and societies," said the expert.

"The world is becoming increasingly convinced that if Washington is not satisfied with the activities of the leaders and governments of various countries, they will be doomed to overthrow, in spite of the partnership relations," the expert said. "We witness forms of neo-colonial policy."

At the same time, the US aggressively seeks to provide the European market with its shale oil and gas, and thereby to oust Russia from the Old World.

Earlier, ONGC Videsh Limited former vice-president (current consultant) Madhu Kumar Nayyar said at a conference in Yuzhno-Sakhalinsk that the Russia is offered to join the project of gas supplies to India through the TAPI (Turkmenistan - Afghanistan - Pakistan - India) pipeline.

Nayyar went on to add that in the future, the matter may rest in deliveries of up to 100 billion cubic meters of Russian gas to India. He made it clear that all the transit countries of the project are already ready for the implementation of what was planned and only Russia hasn't made a political decision yet.

Edited by SI

---

Follow the author on Twitter: @E_Kosolapova

AzTV releases video on April 2016 battles: "We honor the April victory with pride!"
AzTV releases video on April 2016 battles: "We honor the April victory with pride!"
ONE OF THE BEST SCHOOLS OF FRANCE – BURGUNDY SCHOOL OF BUSINESS (PHOTO)
ONE OF THE BEST SCHOOLS OF FRANCE – BURGUNDY SCHOOL OF BUSINESS (PHOTO)
"Bulgaria through the children’s eyes" (PHOTO)
"Bulgaria through the children’s eyes" (PHOTO)
Loading Bars
Latest
SOCAR, Belneftekhim to expand opportunities in oil products’ production, sale
Azerbaijan continues to compensate workers employed in COVID-hit areas
Thailand reports record daily rise with 1,543 new coronavirus cases
Geely's EV unit Polestar raises $550 million
Iran resumes flights to UK
Uzbekistan talks projects implemented on improving country's energy sector
Central Bank of Iran continues its foreign currency policies
US IDC eyes organizing int'l forum on applying best 'smart' practices in Azerbaijan
Yemen's Houthis say they attacked Aramco, Patriot targets in Jazan
Iran stresses achieving $20-billion trade with Iraq
Georgian Bus and Omnibus Express to transport passengers free of charge in movement-restricted period
Daily COVID-19 case count at 2,641 in Kazakhstan
EU helping in modernization of Georgian Railway
Turkey provides Libya with 150,000 doses of Sinovac COVID-19 vaccine
S.Korea reports 698 more COVID-19 cases, 112,117 in total
Construction of Russian helicopter service center in Azerbaijan running steadily - trade representative
One dead, 12 missing after vessel capsizes in Gulf of Mexico
NATO allies to leave Afghanistan along with U.S
Belgium to ease COVID-19 restrictions
Instagram launches test where users can choose to see likes
Japan seeks to establish agricultural working groups in Georgia
Azerbaijan's First VP gives instructions in regards to Tunar Bagırov suffering from SMA
Turkey reports over 62,000 COVID-19 cases
UK records another 2,491 coronavirus cases, 38 deaths
Turkmenbashi Oil Refineries opens tender for purchase of metal products
Georgian company eyes building of airdrome in outskirts of Tbilisi
Kazakh-German oil extracting JV opens tender to buy pumps
Iran launches National Productivity Network to connect businesses
Kazakhstan’s subsoil users subsidize domestic market of fuel and lubricants to keep gasoline prices
Production of Sputnik V vaccine launched in Serbia
Armenian gov't didn’t want foreigners to see devastation, their hatred to Azerbaijanis - President Aliyev
Georgia tightens entry rules for Indian visitors due to pandemic
Brent prices above $66/bbl first time from March 18
Uzbek deputy PM, Saudi Arabian minister discuss implementation of joint projects
Azerbaijani Foreign Ministry responds to French ambassador to Armenia
Uzbekistan’s Mubarek gas processing plant launches sodium sulfide production
Azerbaijani PM, Turkish ambassador hold meeting
Ucell launching 5G in Uzbekistan’s Tashkent
Kazakhstan’s Kazgeology company announces number of ongoing investment projects
Working visit of President of Belarus in Azerbaijan ends (PHOTO)
Gold and foreign exchange reserves decrease in Uzbekistan
Ukraine, Azerbaijan may increase potential for using renewable energy
Football Federations of Turkic Speaking States sign Memorandum of Understanding for Cooperation
Georgia, Tajikistan contribute to intensification of cargo transit
Austria, Georgia eye to implement projects in animal husbandry
Iran's Palayesh Parsian Sepehr Company to receive large revenues
Kazakhstan to allocate funds for development of processing industry
Azerbaijan plans to organize transit cargo transportation through Turkey to EU countries
Azerbaijan's State Committee on Property Issues holds new auction on privatization
Germany's economic institutes cut GDP 2021 growth forecast to 3.7%
Indian PM Modi addresses Inaugural Session of Raisina Dialogue
Kazakhstan taking measures to boost drinking water reserves
Ukraine ready to help Azerbaijan to restore liberated territories - Deputy PM
COVID-19 pandemic hinders Georgian Airways to increase number of flights
First train with feed products arrives in Azerbaijan from Turkey via TURKUAZ project
Iran's Energy Exchange announces products to be on sale on April 17
UNDP supports Georgia's adoption of legislation on environmental liability
Export of cotton from Azerbaijan greatly increases from Jan. through Feb. 2021
United Nations concludes field mission to conflict-affected districts of Azerbaijan (PHOTO)
Iran to stop importing catalysts in petrochemical sector
Azerbaijan shares updated info on COVID-19 vaccinated citizens
Bahar Azadi gold coin price rising in Iran
NATO partners appreciate significant contribution that Georgia making to global security
Iran to increase enrichment in Natanz nuclear facility
Volume of gas injected into Iran's Karanj field increases
Demand for Azerbaijani CBA's short-term notes exceeds supply
1Q2021 number of job seekers from Turkey in Kazakhstan, Uzbekistan down
Azerbaijan confirms 2,293 more COVID-19 cases, 2,071 recoveries
Nikola, Iveco and OGE sign preliminary hydrogen distribution agreement
CNPC branch in Turkmenistan opens tender for maintenance of compressors
Kazakhstan eyes reducing flights number to Turkey as COVID-19 cases jump
EU to raise COVID vaccine supplies from Pfizer in Q2 to 250 million doses
Digitalization in Azerbaijan proceeding at highest level among CIS states - IDC
Minsk IT Holding of Belarus develops solution for accepting non-cash payment based on NFC smartphones
2020/2021 season to be less profitable for potato farmers in Georgia
Georgian citizens preparing to leave for Germany for work
Turkish Parliament to discuss violations by Armenia during attacks on Azerbaijan
Turkmen iodine plant releases production data
Transactions through ATMs up in Azerbaijan
Azerbaijan, Ukraine have several areas for interaction, partnership - Deputy PM
Italy supported Azerbaijan in Karabakh war despite pro-Armenian force - expert
Exports of several oil products from Iran shrink
Kazakhstan's preliminary oil extraction data indicates drop - OPEC
Coffee prices up in Georgia
Georgia observing economic recovery - minister
Goldman Sachs profit jumps on record global dealmaking
Iran’s Alborz Province exports fishery products
Azerbaijani citizens can visit dozens of countries without visa - Henley&Partners
Ukrainian deputy PM visits Azerbaijan’s Aghdam district (PHOTO)
Azerbaijan took huge step towards achieving its national dream - President of Belarus
Turkmenistan reveals volume of allocated loans in national currency
Relations between Azerbaijan and Belarus are far from any problems - President Aliyev
1Q2021 volume of electricity generation by Azerbaijani TPPs down
Azerbaijani, Belarus presidents made press statements (PHOTO)
Turkey reveals volume of cargo shipment via local ports from Netherlands
Azerbaijani, Belarusian presidents sign bilateral documents (PHOTO)
Azerbaijani Energy Ministry, IFC sign Memorandum of Understanding on offshore wind energy (PHOTO)
We created new reality by shedding blood, everyone should reckon with us - President Aliyev
Armenia took advantage of Heydar Aliyev’s dismissal from all posts - Azerbaijani president
IEA expects growth in Azerbaijan’s oil output
All news