Kazakhstan Confirms Halt of Oil Transit to Germany via Russia

Source: Reuters

Kazakhstan Confirms Halt of Oil Transit to Germany via Russia

Kazakh Energy Minister Yerlan Akkenzhenov on Wednesday confirmed the suspension of Kazakh oil transit to Germany via Russia through the Druzhba pipeline, The Caspian Post reports, citing Xinhua.

Reports have circulated that Russia may halt oil transit from Kazakhstan to Germany via the Druzhba pipeline starting May 1, though there has been no official confirmation from Moscow, according to the minister.

He said that transit along the Atyrau-Samara route toward the Schwedt refinery has effectively dropped to zero for May, based on available data.

He added that preliminary indicators for the second quarter also show no transit volumes, while supplies are expected to resume once technical issues are resolved. Kazakhstan has already begun to redistribute export volumes along other routes.

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Kazakhstan Confirms Halt of Oil Transit to Germany via Russia

Kazakh Energy Minister Yerlan Akkenzhenov on Wednesday confirmed the suspension of Kazakh oil transit to Germany via Russia through the Druzhba pipeline, The Caspian Post reports, citing Xinhua.