Talks on Kazakh oil transportation underway with Azerbaijan

12:46 - 5.09.2022


September 5, Fineko/abc.az. Kazakh oil & gas company KazMunayGas (KMG) continues negotiations with the State Oil Company of Azerbaijan (SOCAR) about implementation of oil transportation options.

ABC.AZ reports that within the framework of further diversification of export routes of Kazakh oil and development of Trans-Caspian International Transport Route, the Ministry of Energy and KazMunayGas have started negotiations with the Azerbaijani side on the transportation of Kazakh oil through the territory of Azerbaijan. The Ministry noted that KazMunayGas is currently ongoing negotiations with SOCAR and Kazakh oil companies on various options for oil transportation.

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