Azerbaijan, Kazakhstan discuss green energy cooperation opportunities
Azerbaijani and Kazakh Energy Ministers have discussed green energy cooperation opportunities, Energy Minister Parviz Shahbazov wrote on X, Trend reports.
Azerbaijani and Kazakh Energy Ministers have discussed green energy cooperation opportunities, Energy Minister Parviz Shahbazov wrote on X, Trend reports.
The Ministry of Energy of Kazakhstan stated that Astana and Baku are considering the possibility of launching oil transportation through the „Baku-Supsa“ pipeline. They noted that the parties are currently discussing this issue.
Kazakh Energy Minister Almassadam Satkaliev said that Kadakhstan and Azerbaijan are planning to launch oil transportation via the „Baku-Supsa“ pipeline. The route to the Georgian port of Supsa has a capacity of 5 million tons per year.
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.
Kazakhstan and Azerbaijan are reviewing possibilities for launching oil transportation via the Baku-Supsa route, Almassadam Satkaliyev, Minister of Energy of Kazakhstan, told journalists on the sidelines of the government meeting, Trend reports.
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.
By the end of the year, 1.125 million tons of oil from Kazakhstan will be transported via the Baku-Tbilisi-Ceyhan pipeline, Minister of Energy of Azerbaijan, Parviz Shahbazov, said during a meeting with Serik Zhuminagarin, Minister of Trade and Integration of Kazakhstan, on the sidelines of the Astana International Forum (AIF 2023), Trend reports from the scene.
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.
Baku - Supsa oil pipeline can resume transportation at any time.
This was stated by the vice president of "bp" for communications and external relations in the Caspian and Middle Eastern region - Bakhtiyar Aslanbeyli.