Kazakhstan Weighs Oil Exports via Baku-Supsa Pipeline Amid CPC Restrictions

Source: AZERTAC

Kazakhstan Weighs Oil Exports via Baku-Supsa Pipeline Amid CPC Restrictions

Part of Kazakhstan’s oil volumes was redirected to alternative transportation routes following temporary restrictions on oil intake by the Caspian Pipeline Consortium (CPC) in July.

According to Asel Serikpayeva, adviser to the minister and official spokesperson for Kazakhstan’s Ministry of Energy, oil was redirected toward the Port of Aktau, as well as through the Atasu-Alashankou and Atyrau-Samara routes, The Caspian Post reports, citing Qazinform.

Serikpayeva said that additional export routes are also under consideration. These include transportation through the Baku-Tbilisi-Ceyhan pipeline system, transportation across the Caspian Sea through Azerbaijan, and the Baku-Supsa pipeline.

Kazakhstani oil is already being transported through the Baku-Tbilisi-Ceyhan system, with annual volumes currently standing at approximately 1.2 million tons.

Serikpayeva added that Azerbaijan has expressed its readiness to increase the volume of Kazakhstani oil it receives to 2.2 million tons per year.

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Kazakhstan Weighs Oil Exports via Baku-Supsa Pipeline Amid CPC Restrictions

Part of Kazakhstan’s oil volumes was redirected to alternative transportation routes following temporary restrictions on oil intake by the Caspian Pipeline Consortium (CPC) in July.