Kazakhstan To Increase Oil Transit Via Baku-Tbilisi-Ceyhan Pipeline

Kazakhstan To Increase Oil Transit Via Baku-Tbilisi-Ceyhan Pipeline

ALMATY, Mar 12 (NNN-KTA) – Kazakhstan plans to increase oil exports via the Baku-Tbilisi-Ceyhan (BTC) pipeline, Kazakh Deputy Prime Minister and Foreign Minister, Murat Nurtleu, said yesterday.

Nurtleu made the remarks, following talks with Azerbaijani Foreign Minister, Jeyhun Bayramov in Astana, Kazinform news agency reported.

Last year, 1.4 million tonnes of Kazakh oil was transported through the BTC pipeline, and the country plans to increase the transit of Kazakh oil to 2.2 million tonnes per year, he said.

“The transportation of Kazakhstan’s energy resources and the implementation of infrastructure projects through the Caspian Sea, serve as an important link between the South Caucasus and Central Asia,” he added.

Kazakhstan began exporting oil via the BTC pipeline in 2023, to diversify its export channels. In Apr, 2023, KazMunayGas, Kazakhstan’s national oil and gas company, and the State Oil Company of Azerbaijan signed an agreement to transport 1.5 million tonnes of Kazakh oil annually, through the pipeline.– NNN-KTA

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