TENGIZ

The volume of transportation of Kazakh oil for export from the port of Aktau amounted to 3.376 million tons from January through 2023, which is 1.108 million tons more than the same period in 2022, stated KazTransOil JSC - the oil pipeline company of the Republic of Kazakhstan that provides services for transporting oil to the domestic market, for transit purposes, and for export.

Azerbaijan’s state oil company SOCAR and Kazakhstan’s National Company KazMunayGas have signed a Memorandum of Strategic Cooperation for the transit of Kazakhstani oil through the territory of Azerbaijan, Trend reports.

The document was signed following a meeting between the Prime Ministers of Azerbaijan and Kazakhstan, Ali Asadov and Alikhan Smailov, in Baku, says Azerbaijan’s Cabinet of Ministers.

Kazakhstan's national company, KazTransOil JSC increased oil exports to the Baku Port by 75 percent month-on-month in April 2023, Trend reports via the company.

KazTransOil, the national oil transporter of Kazakhstan, shipped 9,959 tons of oil from the Tengiz oil field to Azerbaijan, Trend reports, citing KazTransOil.

Oil was sent to Baku by the “President Heydar Aliyev” oil tanker from Kazakhstan's port of Aktau. Upon reaching Azerbaijan, the natural resource export will continue via the Baku-Tbilisi-Ceyhan pipeline.

State Oil Company of the Azerbaijan Republic (SOCAR) has announced the start of the transit of Kazakh oil through the Baku-Tbilisi-Ceyhan (BTC) pipeline. The first shipment of Kazakh oil from the Tengiz field arrived at the Sangachal Terminal in Azerbaijan from the port of Aktau via the “President Heydar Aliyev” tanker on March 23, Trend reports citing company.

The unrest at the Tengiz oil and gas field has stopped in Kazakhstan, the salaries of rotational workers will be increased up to 50 percent, Trend reports with reference to the Association of Oil Service Companies of Kazakhstan.

“The road to the checkpoint is free,” the message said. “Food delivery has been resumed. The salaries of rotational workers involved in the Tengiz Future Growth Project will be increased by 50 percent”.