Kaztransoil Reveals Volume Of Oil Transported In Direction Of Baku In 8M2024
Date
9/15/2024 12:16:59 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 15. Kazakhstan's
KazTransOil (the national operator of the main oil pipeline)
transported over 950,000 tons of oil in the direction of Baku from
January through August 2024, a source at KazTransOil told Trend .
"From January through August 2024, 954,000 tons of Kazakh oil
were transported through the port of Aktau in the direction of the
Baku-Tbilisi-Ceyhan oil pipeline," the source said.
As the company added, in August 2024 alone, KazTransOil shipped
117,000 tons of Kazakh oil at the port of Aktau in the direction of
the Baku-Tbilisi-Ceyhan oil pipeline.
In addition, the company noted that projections for
transportation volumes would not change by the end of 2024.
"Over the entire year 2024, it is planned to transport up to 1.5
million tons of oil through the port of Aktau in the direction of
the Baku-Tbilisi-Ceyhan oil pipeline. KazTransOil supplies oil in
accordance with the oil transportation schedule. This schedule is
approved by the Ministry of Energy of Kazakhstan based on
applications from shippers," the source added.
To note, 3.376 million tons of oil were loaded into tankers at
the port of Aktau utilizing KazTransOil facilities by the end of
2023. Of this total, 1.057 million tons were bound for the
Baku-Tbilisi-Ceyhan route.
Meanwhile, in 2022, President of Kazakhstan Kassym-Jomart
Tokayev issued an order to increase the amount of oil transported
through the Trans-Caspian corridor. The State Oil Company of the
Azerbaijan Republic (SOCAR) and KazMunayGas, the country's oil and
gas company, signed an agreement allowing for the transportation of
up to 1.5 million tons of oil annually from the Tengiz field in the
direction of the Baku-Tbilisi-Ceyhan oil pipeline in compliance
with this directive.
In addition, during the visit of President of Kazakhstan
Kassym-Jomart Tokayev to Azerbaijan on March 11–12, KazMunayGas and
SOCAR signed an agreement to increase the volume of oil transported
via the BTC to 2.2 million tons per year.
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