...

KazTransOil reveals volume of transit of Russian oil to China in 1Q2024

Kazakhstan Materials 9 April 2024 09:17 (UTC +04:00)
Madina Usmanova
Madina Usmanova
Read more

ASTANA, Kazakhstan, April 9. KazTransOil JSC transited Russian oil to China via the Atasu-Alashankou main oil pipeline in the amount of 2.507 million tons in the first quarter of 2024, the company told Trend.

In 2023, the volume of transit of Russian oil through the territory of Kazakhstan to China amounted to 9.989 million tons.

Moreover, from 2014 through 2023, KazTransOil provided the supply of 91 million tons of Russian oil through the territory of Kazakhstan to China.

Meanwhile, KazTransOil has been transiting Russian oil through the territory of Kazakhstan to China since 2014 under the agreement between the government of Kazakhstan and the government of Russia on cooperation in the field of transporting Russian oil through the territory of Kazakhstan to China dated December 24, 2013.

In 2022, KazTransOil extended the agreement with Rosneft for the provision of services for the transportation of Russian oil through the territory of Kazakhstan to China until December 31, 2033.

The Atasu-Alashankou main oil pipeline is part of the Kazakhstan-China main oil pipeline system and belongs to Kazakhstan-China Pipeline LLP, which is a joint venture of KazTransOil JSC (50 percent) and China National Oil and Gas Exploration and Development Company Ltd. (50 percent). The design capacity of the main oil pipeline, Atasu-Alashankou is 20 million tons of oil per year.

Tags:
Latest

Latest