Kazakhstan's Energy Ministry Comments On BTC Oil Transportation Issue
Date
8/13/2022 3:06:48 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, August 13. Kazakhstan's
energy ministry has no plans to ink an agreement with Azerbaijan on
oil transportation through the Baku-Tbilisi-Ceyhan pipeline, said
the country's energy minister Bolat Akchulakov, Trend reports.
Reuters earlier reported citing its sources that Kazakhstan is
expected to sell some of its crude oil through Azerbaijan's biggest
oil pipeline from September.
A source with direct knowledge of the matter said Kazakhstan's
state oil firm Kazmunaigaz (KMG) was in advanced discussions with
the trading arm of Azerbaijan's state firm SOCAR to allow 1.5
million tonnes per year of Kazakh crude to be sold through the
Azerbaijani pipeline that delivers oil to Türkiye's Mediterranean
port of Ceyhan.
The final contract is due to be signed at the end of August with
flows through the Baku-Tbilisi-Ceyhan (BTC) pipeline starting up a
month later, the source said. Another 3.5 million tonnes per year
of Kazakh crude could start flowing in 2023 through another
Azerbaijani pipeline to Georgia's Black Sea port of Supsa, two
sources said.
“We, at the ministry, don't have any plans to sign such an
agreement at the moment. I don't think that we're going to ink any
deal on oil pumping [via BTC]. Such issues are studied technically
and are discussed at the level of national companies. But it is not
about signing an agreement on oil transportation in September,”
Interfax Kazakhstan quoted the minister as saying at a
briefing.
Akchulakov pointed out that such talks can be held at the level
of national companies, but this kind of deals are agreed with the
energy ministry.
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