BAKU, Azerbaijan, March 17. KazTransOil, the national oil transporter of Kazakhstan, shipped 325,900 tons of Kazakh oil from Aktau port to Russian Makhachkala, Trend reports, citing KazTransOil.
Upon delivery to Makhachkala port, the oil will be transported via the Makhachkala-Tikhoretsk-Novorossiysk pipeline.
The transit is being carried out in the framework of the agreement between the governments of Russia and Kazakhstan.
Meanwhile, KazTransOil has earlier revealed that 25,000 tons of Russian oil will be transited to Uzbekistan via the Kazakh pipeline system. The volume of Russian oil transported to Uzbekistan via Kazakhstan will reach 250,000 tons in 2023.
KazTransOil is an oil pipeline company of the Republic of Kazakhstan that provides services for the transportation of oil to the domestic market, for transit, and for export. KazTransOil is a public company, 90 percent of which ordinary shares belong to KazMunayGas, and 10 percent of ordinary shares minus 1 share are under the control of minority shareholders.