photo: Caspian News
Kazakhstan and Russia are exploring opportunities to expand cooperation in oil transportation and transit, with particular attention to key export routes connecting Kazakh crude to international markets.
The issue was discussed in Moscow during a meeting between Askhat Khassenov, Chairman of the Management Board of KazMunayGas, and Nikolay Tokarev, President of Transneft, Qazinform News Agency reports.
During the talks, Khassenov highlighted the strategic importance of the Caspian Pipeline Consortium (CPC), the Atyrau-Samara pipeline and the Makhachkala-Novorossiysk route in transporting Kazakhstan's hydrocarbons to international markets.
He noted that these transportation corridors have demonstrated their reliability, efficiency and economic viability over many years of operation.
Following the meeting, both sides reaffirmed their readiness to further develop mutually beneficial cooperation in key areas, aiming to strengthen the transit potential of Kazakhstan and Russia.
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