...

Germany to tap into oil well of Kazakhstan to boost its supplies

Kazakhstan Materials 1 October 2024 07:33 (UTC +04:00)
Madina Usmanova
Madina Usmanova
Read more

ASTANA, Kazakhstan, October 1. Germany made a request to increase oil supplies from Kazakhstan to 2.5 million tons, Kazakhstan's Energy Minister Almasadam Satqaliev told media representatives, Trend reports.

He noted that to increase the supplies, it would be necessary to secure agreement from the Russian side regarding the transit of this volume, as well as to ensure the readiness of oil and gas companies, including independent producers, to supply in this direction. They had only just begun these consultations.

According to him, the country aimed to export 1.2 million tons of oil to Germany by the end of the year.

The minister highlighted that Kazakhstan had initiated discussions with Russia on options for boosting oil supplies to Germany.

Currently, Kazakh oil is transported to Germany via the Druzhba pipeline, which crosses Russian territory.

In addition, Satqaliev reported that during the first eight months of 2024, the transit of Russian gas through Kazakhstan reached 3.47 billion cubic meters, compared to 1.28 billion cubic meters for the entire year of 2023.

Tags:
Latest

Latest