
Kazakhstan Highlights Strategic Importance Of Aktau-Baku-Ceyhan Oil Supply Route
According to Akkenzhenov, 1.06 million tons of Kazakh oil were transported via this route in 2023, and by 2025, the volume is expected to increase to 1.7 million tons.
“For our country, the Aktau-Baku-Ceyhan route is of strategic importance. At the same time, the Baku–Supsa route is maintained as a strategic reserve,” the minister emphasized.
Along with oil transit, the parties also discussed the development of the Caspian green energy corridor, which aims to deliver clean energy from Central Asia to Europe via the Caucasus.
Kazakhstan, Azerbaijan, and Uzbekistan have already established a joint venture of system operators and have begun preparing a feasibility study, supported by international financial institutions.
The ministry noted that the implementation of joint initiatives gives new momentum to the Kazakh-Azerbaijani strategic partnership and opens up additional opportunities for the entire region.

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

- New Cryptocurrency Mutuum Finance (MUTM) Raises $15.8M As Phase 6 Reaches 40%
- Noveba Brings Apple Pay To Customers
- Mutuum Finance (MUTM) Approaches Next Phase With 14.3% Price Increase After Raising $16 Million
- Cregis And Kucoin Host Institutional Web3 Forum Discussing Industry Trends And Opportunities
- Primexbt Expands Crypto Futures With 101 New Coins, Delivering Best-In-Class Trading Conditions
- BTCC Exchange Announces Triple Global Workforce Expansion At TOKEN2049 Singapore To Power Web3 Evolution
Comments
No comment