...

Kazakhstan reduces export of liquefied petroleum gas - Argus

Kazakhstan Materials 15 May 2023 11:53 (UTC +04:00)
Kazakhstan reduces export of liquefied petroleum gas - Argus
Asmar Bayramova
Asmar Bayramova
Read more

BAKU, Azerbaijan, May 15. Kazakhstan's producers of liquefied petroleum gas (LPG) reduced the export by 33.2 percent in 2022 compared to 2021, to 1.12 million tons, Trend reports referring to the latest review of Argus, an independent analytical company.

According to Argus, the decline in overseas shipments is attributed to two factors: an increase in supplies to the domestic market and a reduction in LPG production.

The most significant decrease in export shipments last year accounted for Tengizchevroil, the country's largest producer of LPG. In 2022, the company reduced deliveries by a third, to 921,000 tons, due to a decrease in production volumes and an increase in shipments to the domestic market.

Transportation of LPG from Kazakhstan to the ports of the Black Sea decreased by 18.2 percent in 2022, to 497,400 tons, due to complications of navigation in the Black and Azov Seas.

Furthermore, the shipments from Kazakhstan to the port of Temryuk (Russia) decreased by 2.5 times last year, to 97,200 tons. The reason behind it was that one of the major buyers of the product switched to purchasing through the Georgian port of Batumi.

Tags:
Latest

Latest