ASTANA, Kazakhstan, September 28. Kazakhstan is studying the possibility of transporting 5 million tons of oil via the Baku-Supsa oil pipeline (a pipeline for transporting Caspian oil from the Sangachal terminal near Baku on the Caspian Sea to the Georgian port of Supsa, located on the Black Sea coast), Trend reports.
This was stated during a meeting between the Ambassador of Kazakhstan to Azerbaijan Alim Bayel and the Minister of Energy of Azerbaijan Parviz Shahbazov.
As was noted during the meeting, Kazakhstan is also studying the possibility of transporting volumes of Kazakh oil by rail to the Black Sea terminals.
In accordance with the agreements reached between KazMunayGas (KMG, Kazakhstan's national oil and gas company) and the SOCAR (State Oil Company of Azerbaijan), transportation of Kazakh oil along the Aktau-Baku-Ceyhan route with a volume of 1.5 million tons per year began in March 2023. It is expected that these volumes will increase significantly over the next few years. From March through August 2023, oil shipments from the port of Aktau in the direction of Baku-Tbilisi-Ceyhan amounted to 520,000 tons.
Kazakhstan's KazTransOil increased the volume of Kazakh oil exports to the port of Baku by 12 times from January through August of 2023. Thus, the volume of transportation of Kazakh oil from the port of Aktau for export from January through August of this year amounted to 2.164 million tons, which is 759,000 tons, or 54 percent more compared to the same period last year. Oil exported from the port of Aktau was produced from the Tengiz field (520,000 tons), from the Dunga field (252,000 tons), from the fields of the Buzachi Peninsula (1.385 million tons), and from the Kashagan field (7,000 tons). The increase in the volume of transportation of Kazakh oil for export from the port of Aktau is due to an increase in the volume of raw materials shipped towards the port of Baku, from 69,000 tons to 838,000 tons, which is 12 times more than in the same period in 2022.
Previously, Azerbaijani Energy Minister Parviz Shahbazov said that deliveries via the Baku-Tbilisi-Ceyhan pipeline from Kazakhstan will amount to 1.1 million tons of oil by the end of 2023.
"Every month, Azerbaijan receives from 12 to 14 tankers transporting Kazakh oil. This is a satisfactory development. The initial agreement between the parties provided for the transportation of 1.5 million tons of oil this year. However, as deliveries began in April this year, we will be able to transport 1.125 million tons of oil by the end of 2023," he said.
