Germany Keen To Increase Imports Of Kazakh Oil, Minister Says
"The German side expresses interest in increasing the volume of supplies of Kazakh crude oil to 200,000 tons per month," the minister said.
According to him, in 2023 Kazakhstan exported 993,000 tons of oil to Germany.
In addition, the minister noted that for the entire 2023, the export of Kazakh oil to the EU countries amounted to 46.6 million tons, while the total export of Kazakh oil amounted to 70.5 million tons or 66 percent of the total export of crude oil from Kazakhstan.
Earlier, the Minister of Energy of Kazakhstan Almassadam Satkaliyev said that in 2023, the oil production in the country amounted to about 90 million tons, although it was initially planned to produce 92–93 million tons of oil.
According to him, about 18 million tons of oil produced in 2023 came from the domestic market. About 56 million tons were exported through the Caspian Pipeline Consortium.
Moreover, the country plans to increase oil production in 2024 to 90.3 million tons.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
- Manuka Honey Market Report 2024, Industry Growth, Size, Share, Top Compan...
- Modular Kitchen Market 2024, Industry Growth, Share, Size, Key Players An...
- Acrylamide Production Cost Analysis Report: A Comprehensive Assessment Of...
- Fish Sauce Market 2024, Industry Trends, Growth, Demand And Analysis Repo...
- Australia Foreign Exchange Market Size, Growth, Industry Demand And Forec...
- Cold Pressed Oil Market Trends 2024, Leading Companies Share, Size And Fo...
- Pasta Sauce Market 2024, Industry Growth, Share, Size, Key Players Analys...
Comments
No comment