(MENAFN- Trend News Agency) BAKU, Azerbaijan, December 8. About 8 to 10
Kazakh oil tankers are unable to pass through Bosporus and
Dardanelles straits, however, the situation does not pose
significant risks, Magzum Myrzagaliev, Chairman of the Board of
Kazakhstan's KazMunayGas JSC said, trend reports, citing Kazakh media.
Myrzagaliev said that the reason for the delay is the Turkish
side's request to provide additional documentation on the cargo and
its insurance. He stated that currently Kazakhstan is working
closely with insurance providers to address the concerns of Turkish
authorities, and added that the current issue does not bear
financial losses for Kazakhstan.
The head of KazMunayGas stated that the situation is far from
critical, because, in December 2021, it took about 14 days to pass
through the Turkish-controlled straits.
The traffic jam in Bosporus and Dardanelles occurred due to the
EU-proposed oil price cap for Russian oil, which entered into force
on December 5, and the subsequent demand of Türkiye to provide
insurance documents that the ships entering are insured, in case of
any type of emergency.
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